Organo-Sulphur Compounds; Methionine Price in Belgium - 2023

Contents:

  1. Organo-Sulphur Compounds; Methionine Price in Belgium (CIF) - 2022
  2. Organo-Sulphur Compounds; Methionine Price in Belgium (FOB) - 2022
  3. Organo-Sulphur Compounds; Methionine Imports in Belgium
  4. Organo-Sulphur Compounds; Methionine Exports in Belgium

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

The average organo-sulphur compounds; methionine import price stood at $3,127 per ton in 2022, reducing by -42.6% against the previous year. Overall, the import price saw a drastic downturn. The growth pace was the most rapid in 2021 when the average import price increased by 104% against the previous year. The import price peaked at $5,814 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($82,489 per ton), while the price for Malaysia ($2,447 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+28.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Organo-Sulphur Compounds; Methionine Price in Belgium (FOB) - 2022

In 2022, the average organo-sulphur compounds; methionine export price amounted to $14,619 per ton, jumping by 106% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 144%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($39,220 per ton), while the average price for exports to Egypt ($8,698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Sulphur Compounds; Methionine Imports in Belgium

In 2022, overseas purchases of organo-sulphur compounds; methionines were finally on the rise to reach 5K tons after two years of decline. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, organo-sulphur compounds; methionine imports soared to $16M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Organo-Sulphur Compounds; Methionine in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A9.90%
ChinaN/AN/A2.42.712.5%
France1.01.00.81.26.3%
Netherlands1.30.80.61.0-8.4%
Germany0.30.60.50.732.6%
Italy0.40.70.10.1-37.0%
Others0.10.10.20.226.0%
Total3.03.34.615.874.0%

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

  1. Malaysia (4052.0 tons)
  2. France (349.7 tons)
  3. Netherlands (294.7 tons)
  4. Germany (233.0 tons)
  5. China (96.7 tons)
  6. Italy (18.4 tons)

Organo-Sulphur Compounds; Methionine Exports in Belgium

In 2022, overseas shipments of organo-sulphur compounds; methionines decreased by -57.3% to 228 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 226%. As a result, the exports attained the peak of 533 tons, and then plummeted in the following year.

In value terms, organo-sulphur compounds; methionine exports declined to $3.3M in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 227% against the previous year. As a result, the exports reached the peak of $3.8M, and then fell in the following year.

Export of Organo-Sulphur Compounds; Methionine in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12.914.52,316971322.2%
Netherlands1.47.64.5759715.4%
Germany18018412454244.4%
EgyptN/AN/AN/A3200%
Switzerland0.669.0292137511.2%
Belarus57.3424311N/A133.0%
OmanN/A80.785.5N/A5.9%
United Arab Emirates13746.1223N/A27.6%
Myanmar56.6N/AN/AN/A0%
Others80.133343059995.6%
Total5261,1593,7853,32784.9%

Top Export Markets for Organo-Sulphur Compounds; Methionine from Belgium in 2022:

  1. France (91.5 tons)
  2. Germany (52.3 tons)
  3. Egypt (36.8 tons)
  4. Netherlands (35.6 tons)
  5. Switzerland (3.5 tons)

Source: IndexBox Market Intelligence Platform

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