Organo-Sulphur Compounds; Methionine Price in Poland - 2023

Contents:

  1. Organo-Sulphur Compounds; Methionine Price in Poland (CIF) - 2023
  2. Organo-Sulphur Compounds; Methionine Price in Poland (FOB) - 2022
  3. Organo-Sulphur Compounds; Methionine Imports in Poland
  4. Organo-Sulphur Compounds; Methionine Exports in Poland

Organo-Sulphur Compounds; Methionine Price in Poland (CIF) - 2023

In June 2023, the average organo-sulphur compounds; methionine import price amounted to $2,311 per ton, almost unchanged from the previous month. In general, the import price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in January 2023 an increase of 16% month-to-month. The import price peaked at $3,206 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from the Netherlands ($2,487 per ton) and Germany ($2,426 per ton), while the price for Malaysia ($2,037 per ton) and France ($2,042 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.1%), while the prices for the other major suppliers experienced a decline.

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

The average organo-sulphur compounds; methionine export price stood at $3,369 per ton in 2022, growing by 25% against the previous year. Over the period under review, the export price, however, showed a mild descent. The export price peaked at $6,004 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($3,561 per ton) and Uzbekistan ($3,506 per ton), while the average price for exports to Estonia ($3,014 per ton) and Bulgaria ($3,195 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Organo-Sulphur Compounds; Methionine Imports in Poland

Organo-sulphur compounds; methionine imports into Poland totaled 20K tons in 2022, surging by 12% compared with the year before. In general, imports showed a relatively flat trend pattern.

In value terms, organo-sulphur compounds; methionine imports skyrocketed to $63M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +53.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Organo-Sulphur Compounds; Methionine in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.621.620.323.723.4%
Belgium6.65.44.911.721.0%
Malaysia6.48.99.411.521.6%
France9.77.77.29.90.7%
Netherlands0.70.32.34.078.8%
Japan3.4N/AN/AN/A0%
Others1.40.51.61.88.7%
Total40.844.345.762.615.3%

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

  1. Germany (7.4K tons)
  2. Malaysia (3.8K tons)
  3. Belgium (3.6K tons)
  4. France (3.0K tons)
  5. Netherlands (1.2K tons)

Organo-Sulphur Compounds; Methionine Exports in Poland

In 2022, the amount of organo-sulphur compounds; methionines exported from Poland skyrocketed to 1.6K tons, picking up by 38% on the previous year. In general, exports showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 53%. 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 soared to $5.4M in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Organo-Sulphur Compounds; Methionine in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine2385697831,40680.8%
EstoniaN/A30111473356.1%
Hungary6674239176670.0%
Uzbekistan1,575N/AN/A664-25.0%
Belarus78.80.3154649101.9%
Czech Republic15120.845662060.1%
BulgariaN/AN/A42.1215410.7%
Others18139865142733.1%
Total2,8901,7123,1175,38023.0%

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

  1. Ukraine (413.2 tons)
  2. Estonia (243.1 tons)
  3. Hungary (203.0 tons)
  4. Uzbekistan (189.5 tons)
  5. Belarus (185.5 tons)
  6. Czech Republic (174.0 tons)
  7. Bulgaria (67.2 tons)

Source: IndexBox Market Intelligence Platform

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