Organo-Sulphur Compounds; Methionine Price in Bulgaria - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Bulgaria (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Bulgaria (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Bulgaria
- Organo-Sulphur Compounds; Methionine Exports in Bulgaria
Organo-Sulphur Compounds; Methionine Price in Bulgaria (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,046 per ton, growing by 21% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by 35%. As a result, import price reached the peak level of $5,029 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($3,362 per ton) and Romania ($3,280 per ton), while the price for Germany ($2,565 per ton) and Malaysia ($2,857 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Price in Bulgaria (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $2,023 per ton, with a decrease of -23.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 24%. As a result, the export price reached the peak level of $5,470 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($2,095 per ton), while the average price for exports to Romania ($1,733 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 Greece (-7.0%).
Organo-Sulphur Compounds; Methionine Imports in Bulgaria
In 2022, purchases abroad of organo-sulphur compounds; methionines decreased by -6.3% to 1.1K tons, falling for the second year in a row after two years of growth. Overall, imports showed a slight shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, organo-sulphur compounds; methionine imports rose significantly to $3.4M in 2022. The total import value increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Organo-Sulphur Compounds; Methionine in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 819 | 1,442 | 1,090 | 1,174 | 12.8% |
| France | 755 | 1,013 | 1,129 | 978 | 9.0% |
| Romania | N/A | N/A | 394 | 590 | 49.7% |
| Belgium | 30.8 | N/A | 218 | 372 | 129.4% |
| Germany | 125 | 329 | 41.0 | 154 | 7.2% |
| Poland | N/A | 2.1 | 29.6 | 69.8 | 476.5% |
| Netherlands | 54.7 | N/A | N/A | 62.3 | 4.4% |
| Greece | 533 | 331 | 84.3 | N/A | -60.2% |
| Others | 78.9 | 81.7 | 45.5 | 24.1 | -32.7% |
| Total | 2,397 | 3,199 | 3,031 | 3,424 | 12.6% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Bulgaria in 2022:
- Malaysia (411.0 tons)
- France (311.4 tons)
- Romania (180.0 tons)
- Belgium (110.6 tons)
- Germany (60.0 tons)
- Poland (22.8 tons)
- Netherlands (21.4 tons)
Organo-Sulphur Compounds; Methionine Exports in Bulgaria
In 2022, approx. 228 tons of organo-sulphur compounds; methionines were exported from Bulgaria; increasing by 37% compared with the previous year. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
In value terms, organo-sulphur compounds; methionine exports totaled $462K in 2022. In general, exports, however, saw a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, the exports reached the peak of $569K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Organo-Sulphur Compounds; Methionine in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | 109 | 178 | 369 | 84.0% |
| Poland | N/A | N/A | N/A | 67.6 | 0% |
| Romania | 112 | 460 | 206 | 25.2 | -39.2% |
| Kazakhstan | 395 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | N/A | 59.4 | N/A | 0% |
| Others | 2.8 | N/A | N/A | N/A | 0% |
| Total | 509 | 569 | 443 | 462 | -3.2% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Bulgaria in 2022:
- Greece (181.6 tons)
- Poland (32.3 tons)
- Romania (14.5 tons)
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