Organo-Sulphur Compounds; Methionine Price in Finland - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Finland (CIF) - 2023
- Organo-Sulphur Compounds; Methionine Price in Finland (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Finland
- Organo-Sulphur Compounds; Methionine Exports in Finland
Organo-Sulphur Compounds; Methionine Price in Finland (CIF) - 2023
In June 2023, the average organo-sulphur compounds; methionine import price amounted to $2,402 per ton, rising by 5.7% against the previous month. Over the period under review, the import price, however, showed a perceptible downturn. Over the period under review, average import prices attained the peak figure at $3,206 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Denmark ($2,418 per ton), while the price for France amounted to $2,305 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.0%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Finland (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $1,637 per ton in 2022, dropping by -23.9% against the previous year. Over the period under review, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 15%. The export price peaked at $4,617 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,721 per ton), while the average price for exports to Lithuania totaled $1,617 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+52.2%), while the prices for the other major destinations experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Imports in Finland
In 2022, the amount of organo-sulphur compounds; methionines imported into Finland rose remarkably to 2K tons, growing by 5.2% against the year before. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 22%. As a result, imports attained the peak of 2.3K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, organo-sulphur compounds; methionine imports soared to $6.4M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +65.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Organo-Sulphur Compounds; Methionine in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 946 | 1,894 | 1,318 | 2,046 | 29.3% |
| Denmark | 1,315 | 2,256 | 1,861 | 1,796 | 10.9% |
| Belgium | 361 | 409 | 607 | 1,140 | 46.7% |
| France | 170 | 195 | 974 | 961 | 78.1% |
| Germany | 953 | 301 | 68.4 | 289 | -32.8% |
| Others | 129 | 26.7 | 14.5 | 194 | 14.6% |
| Total | 3,874 | 5,082 | 4,842 | 6,426 | 18.4% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Finland in 2022:
- Malaysia (650.3 tons)
- Denmark (545.0 tons)
- Belgium (369.2 tons)
- France (280.2 tons)
- Germany (86.4 tons)
Organo-Sulphur Compounds; Methionine Exports in Finland
In 2022, organo-sulphur compounds; methionine exports from Finland shrank significantly to 14 tons, which is down by -27.8% compared with the previous year. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 939%.
In value terms, organo-sulphur compounds; methionine exports declined rapidly to $24K in 2022. Overall, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 910% against the previous year.
| Export of Organo-Sulphur Compounds; Methionine in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 13.0 | 4.2 | N/A | 19.5 | 14.5% |
| Netherlands | 2.1 | N/A | N/A | 4.0 | 24.0% |
| Norway | N/A | N/A | 43.0 | N/A | 0% |
| United Kingdom | 33.5 | N/A | N/A | N/A | 0% |
| Portugal | 17.0 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 65.7 | 4.3 | 43.0 | 23.6 | -28.9% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Finland in 2022:
- Lithuania (12.0 tons)
- Netherlands (2.3 tons)
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