Organo-Sulphur Compounds; Methionine Price in Kazakhstan - 2021

Contents:

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

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

The average organo-sulphur compounds; methionine import price stood at $2,936 per ton in 2022, increasing by 2.2% against the previous year. Overall, the import price, however, showed a perceptible downturn. The growth pace was the most rapid in 2015 an increase of 27% against the previous year. As a result, import price attained the peak level of $5,705 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($3,523 per ton) and Russia ($3,185 per ton), while the price for Japan ($2,446 per ton) and China ($2,460 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average organo-sulphur compounds; methionine export price amounted to $3,678 per ton, surging by 22% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The export price peaked at $6,157 per ton in 2015; however, from 2016 to 2022, the 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 Kyrgyzstan ($4,162 per ton), while the average price for exports to Uzbekistan stood at $3,460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+20.8%).

Organo-Sulphur Compounds; Methionine Imports in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in purchases abroad of organo-sulphur compounds; methionines, which increased by 20% to 2.4K tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, organo-sulphur compounds; methionine imports skyrocketed to $6.9M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +47.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Russia (1343.2 tons)
2. Japan (603.9 tons)
3. France (194.1 tons)
4. China (136.5 tons)
5. Belgium (80.0 tons)

Organo-Sulphur Compounds; Methionine Exports in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in shipments abroad of organo-sulphur compounds; methionines, which increased by 45% to 87 tons in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, organo-sulphur compounds; methionine exports skyrocketed to $320K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Uzbekistan (60.0 tons)
2. Kyrgyzstan (27.0 tons)

Source: IndexBox Market Intelligence Platform