Organo-Sulphur Compounds; Methionine Price in Morocco - 2022
Contents:
- Organo-Sulphur Compounds; Methionine Price in Morocco (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Morocco (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Morocco
- Organo-Sulphur Compounds; Methionine Exports in Morocco
Organo-Sulphur Compounds; Methionine Price in Morocco (CIF) - 2022
In December 2022, the average organo-sulphur compounds; methionine import price amounted to $2,915 per ton, picking up by 9.1% against the previous month. In general, the import price, however, showed a mild slump. The pace of growth appeared the most rapid in February 2022 an increase of 13% month-to-month. Over the period under review, average import prices attained the maximum at $3,366 per ton in April 2022; however, from May 2022 to December 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was France ($2,981 per ton), while the price for Japan ($2,739 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Price in Morocco (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $2,821 per ton in 2021, picking up by 26% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decrease. The export price peaked at $3,647 per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From 2014 to 2021, the rate of growth in terms of prices for Norway amounted to -14.0% per year.
Organo-Sulphur Compounds; Methionine Imports in Morocco
In 2022, organo-sulphur compounds; methionine imports into Morocco rose sharply to 2.6K tons, with an increase of 11% against the previous year's figure. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, organo-sulphur compounds; methionine imports surged to $8.8M in 2022. Over the period under review, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Organo-Sulphur Compounds; Methionine in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,779 | 1,642 | 2,303 | 3,790 | 28.7% |
| Japan | 333 | 842 | 887 | 1,460 | 63.7% |
| France | 344 | 778 | 612 | 1,007 | 43.1% |
| Malaysia | 731 | 516 | 471 | 971 | 9.9% |
| Spain | 2,062 | 583 | 497 | 818 | -26.5% |
| China | 68.3 | 132 | 362 | 596 | 105.9% |
| United States | 24.8 | 159 | 109 | 179 | 93.3% |
| Others | 4.6 | 4.9 | 1,010 | 4.7 | 0.7% |
| Total | 5,346 | 4,658 | 6,251 | 8,826 | 18.2% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Morocco in 2022:
- Belgium (1089.7 tons)
- Japan (463.1 tons)
- Malaysia (327.7 tons)
- Spain (294.2 tons)
- France (275.6 tons)
- China (109.5 tons)
- United States (62.9 tons)
Organo-Sulphur Compounds; Methionine Exports in Morocco
Organo-sulphur compounds; methionine exports from Morocco dropped sharply to 5 tons in 2021, reducing by -79.3% compared with the previous year's figure. Over the period under review, exports recorded a sharp downturn.
In value terms, organo-sulphur compounds; methionine exports declined dramatically to $14K in 2021. Overall, exports continue to indicate a precipitous descent.
| Export of Organo-Sulphur Compounds; Methionine in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Bosnia and Herzegovina | N/A | 14.1 | 0% | ||
| Norway | 54.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 54.0 | 14.1 | -73.9% | ||
Top Export Markets for Organo-Sulphur Compounds; Methionine from Morocco in 2022:
- Bosnia and Herzegovina (5.0 tons)
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