Organo-Sulphur Compounds; Methionine Price in Venezuela - 2022

Contents:

  1. Organo-Sulphur Compounds; Methionine Price in Venezuela (CIF) - 2022
  2. Organo-Sulphur Compounds; Methionine Imports in Venezuela

Organo-Sulphur Compounds; Methionine Price in Venezuela (CIF) - 2022

The average organo-sulphur compounds; methionine import price stood at $2,699 per ton in 2022, surging by 15% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. Over the period under review, average import prices reached the peak figure at $5,069 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Colombia ($3,316 per ton) and France ($3,272 per ton), while the price for China ($2,573 per ton) and the Netherlands ($3,134 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Organo-Sulphur Compounds; Methionine Imports in Venezuela

In 2022, organo-sulphur compounds; methionine imports into Venezuela expanded significantly to 2.5K tons, surging by 8.2% compared with the year before. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 130%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, organo-sulphur compounds; methionine imports skyrocketed to $6.7M in 2022. In general, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 159%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Organo-Sulphur Compounds; Methionine in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.41.02.75.2135.1%
FranceN/AN/A1.21.1-8.3%
Netherlands3.80.31.20.3-57.1%
Japan0.3N/AN/AN/A0%
MalaysiaN/A0.50.1N/A-80.0%
OthersN/A0.20.10.1-29.3%
Total4.52.15.46.714.2%

Top Suppliers of Organo-Sulphur Compounds; Methionine to Venezuela in 2022:

  1. China (2028.9 tons)
  2. France (340.0 tons)
  3. Netherlands (81.0 tons)

Source: IndexBox Market Intelligence Platform

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