Organo-Sulphur Compounds; Methionine Price in India - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in India (CIF) - 2023
- Organo-Sulphur Compounds; Methionine Price in India (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in India
- Organo-Sulphur Compounds; Methionine Exports in India
Organo-Sulphur Compounds; Methionine Price in India (CIF) - 2023
The average organo-sulphur compounds; methionine import price stood at $1,845 per ton in July 2023, reducing by -4% against the previous month. Over the period under review, the import price saw a noticeable reduction. The pace of growth was the most pronounced in November 2022 an increase of 1.5% against the previous month. Over the period under review, average import prices attained the maximum at $2,840 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Malaysia ($2,070 per ton) and Japan ($1,940 per ton), while the price for China ($1,596 per ton) and Singapore ($1,880 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-3.3%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in India (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $2,018 per ton in 2022, declining by -14.8% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of 87% against the previous year. The export price peaked at $6,409 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($4,649 per ton), while the average price for exports to Kenya ($1,088 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 Brazil (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Imports in India
Organo-sulphur compounds; methionine imports into India contracted to 56K tons in 2022, reducing by -6% on the previous year. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports reached the peak of 59K tons, and then reduced in the following year.
In value terms, organo-sulphur compounds; methionine imports expanded significantly to $158M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 66%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Organo-Sulphur Compounds; Methionine in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 47.6 | 47.8 | 74.5 | 83.5 | 20.6% |
| Japan | 17.7 | 19.2 | 29.5 | 33.1 | 23.2% |
| Malaysia | 12.1 | 8.6 | 15.7 | 17.6 | 13.3% |
| China | 7.9 | 3.6 | 14.0 | 15.7 | 25.7% |
| United States | 3.9 | 4.5 | 6.1 | 6.9 | 20.9% |
| Others | 0.2 | 2.2 | 2.5 | 1.5 | 95.7% |
| Total | 89.4 | 85.9 | 143 | 158 | 20.9% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to India in 2022:
- Singapore (28.2K tons)
- Japan (11.3K tons)
- China (6.7K tons)
- Malaysia (6.5K tons)
- United States (2.2K tons)
Organo-Sulphur Compounds; Methionine Exports in India
In 2022, shipments abroad of organo-sulphur compounds; methionines decreased by -60.9% to 120 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 335%.
In value terms, organo-sulphur compounds; methionine exports shrank notably to $242K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 278%.
| Export of Organo-Sulphur Compounds; Methionine in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bhutan | 53.7 | 207 | 492 | 166 | 45.7% |
| Sri Lanka | 0.1 | 61.5 | 68.8 | 23.2 | 514.5% |
| China | N/A | N/A | 28.4 | 9.6 | -66.2% |
| Malaysia | N/A | 0.1 | 27.4 | 9.2 | 859.2% |
| Kenya | N/A | 9.0 | 27.0 | 9.1 | 0.6% |
| Colombia | N/A | N/A | 24.7 | 8.3 | -66.4% |
| Oman | 28.4 | 42.6 | N/A | N/A | 50.0% |
| Bangladesh | N/A | 25.1 | N/A | N/A | 0% |
| Pakistan | N/A | 27.5 | N/A | N/A | 0% |
| Others | 34.0 | 67.1 | 59.2 | 17.5 | -19.9% |
| Total | 116 | 439 | 727 | 242 | 27.8% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from India in 2022:
- Bhutan (75.4 tons)
- Sri Lanka (12.9 tons)
- China (8.8 tons)
- Kenya (8.4 tons)
- Malaysia (6.4 tons)
- Colombia (6.3 tons)
173
This report provides an in-depth analysis of the market for thio- and dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine in India.
373
This report provides an in-depth analysis of the organo-sulphur compound market in India.
381
This report provides an in-depth analysis of the market for organo-sulphur compounds and other organo-inorganic compounds in India.
60
This report provides an in-depth analysis of the market for organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine in India.
365
This report provides an in-depth analysis of the motor scraper market in India.
131
This report provides an in-depth analysis of the global market for thio- and dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine.
655
This report provides an in-depth analysis of the global organo-sulphur compound market.
540
This report provides an in-depth analysis of the global market for organo-sulphur compounds and other organo-inorganic compounds.
75
This report provides an in-depth analysis of the global market for organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine.
508
This report provides an in-depth analysis of the global motor scraper market.
713
In 2016, the global imports of organo-sulphur compound amounted to X tons, moving up by X% against the previous year figure. In general, organo-sulphur compound imports continue to indicate a relat...
874
In 2016, the global imports of organo-sulphur compound amounted to X tons, moving up by X% against the previous year figure. In general, organo-sulphur compound imports continue to indicate a relat...
713
In 2016, the global imports of organo-sulphur compound amounted to X tons, moving up by X% against the previous year figure. In general, organo-sulphur compound imports continue to indicate a relat...
874
In 2016, the global imports of organo-sulphur compound amounted to X tons, moving up by X% against the previous year figure. In general, organo-sulphur compound imports continue to indicate a relat...
