Organo-Sulphur Compounds; Methionine Price in Colombia - 2022
Contents:
- Organo-Sulphur Compounds; Methionine Price in Colombia (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Colombia (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Colombia
- Organo-Sulphur Compounds; Methionine Exports in Colombia
Organo-Sulphur Compounds; Methionine Price in Colombia (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $2,847 per ton, with a decrease of -4.5% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 34%. As a result, import price attained the peak level of $5,068 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($5,253 per ton), while the price for Germany ($1,391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Colombia (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $2,936 per ton in 2022, declining by -23.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum at $5,301 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($9,048 per ton), while the average price for exports to Guatemala ($1,771 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 Ecuador (-4.6%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Imports in Colombia
In 2022, after three years of growth, there was significant decline in overseas purchases of organo-sulphur compounds; methionines, when their volume decreased by -12.7% to 11K tons. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46%. As a result, imports reached the peak of 12K tons, and then reduced in the following year.
In value terms, organo-sulphur compounds; methionine imports shrank remarkably to $31M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $37M, and then dropped dramatically in the following year.
| Import of Organo-Sulphur Compounds; Methionine in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 9.4 | 6.8 | 9.0 | 9.5 | 0.4% |
| China | 2.2 | 2.1 | 7.8 | 7.3 | 49.2% |
| United States | 0.8 | 7.8 | 4.3 | 4.5 | 77.8% |
| France | 8.1 | 3.9 | 3.8 | 4.3 | -19.0% |
| Malaysia | 1.0 | 1.1 | 2.6 | 2.8 | 40.9% |
| Belgium | 1.3 | 0.9 | 0.7 | 0.7 | -18.6% |
| Russia | 0.7 | 0.4 | 0.5 | 0.6 | -5.0% |
| Germany | 0.3 | 0.8 | 0.3 | 0.4 | 10.1% |
| Others | 1.1 | 1.0 | 7.8 | 0.8 | -10.1% |
| Total | 24.8 | 24.8 | 37.0 | 30.9 | 7.6% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Colombia in 2022:
- Japan (3.3K tons)
- China (2.7K tons)
- United States (1.7K tons)
- France (1.4K tons)
- Malaysia (0.9K tons)
- Germany (0.3K tons)
- Russia (0.2K tons)
- Belgium (0.1K tons)
Organo-Sulphur Compounds; Methionine Exports in Colombia
In 2022, the amount of organo-sulphur compounds; methionines exported from Colombia fell significantly to 17 tons, with a decrease of -16% on 2021 figures. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 264% against the previous year.
In value terms, organo-sulphur compounds; methionine exports shrank dramatically to $49K in 2022. In general, exports showed a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 259% against the previous year.
| Export of Organo-Sulphur Compounds; Methionine in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 58.2 | 12.6 | 27.2 | 19.6 | -30.4% |
| Guatemala | 12.3 | 1.3 | 21.8 | 14.9 | 6.6% |
| Ecuador | 31.1 | 7.6 | 18.4 | 14.9 | -21.8% |
| Panama | N/A | N/A | 9.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 102 | 21.5 | 77.2 | 49.4 | -21.5% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Colombia in 2022:
- Guatemala (8.4 tons)
- Ecuador (6.2 tons)
- Venezuela (2.2 tons)
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