Organo-Sulphur Compounds; Methionine Price in Qatar - 2023

Contents:

  1. Organo-Sulphur Compounds; Methionine Price in Qatar (CIF) - 2022
  2. Organo-Sulphur Compounds; Methionine Imports in Qatar

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

In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,001 per ton, surging by 4.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2020 to 2022, the rate of growth in terms of prices for Japan amounted to +53.8% per year.

Organo-Sulphur Compounds; Methionine Imports in Qatar

In 2022, supplies from abroad of organo-sulphur compounds; methionines decreased by -12% to 47 tons for the first time since 2019, thus ending a two-year rising trend. Overall, total imports indicated a prominent increase from 2020 to 2022: its volume increased at an average annual rate of +18.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of 53 tons, and then reduced in the following year.

In value terms, organo-sulphur compounds; methionine imports dropped to $140K in 2022. Over the period under review, total imports indicated buoyant growth from 2020 to 2022: its value increased at an average annual rate of +19.4% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $153K, and then fell in the following year.

Import of Organo-Sulphur Compounds; Methionine in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
TurkeyN/AN/A1400%
Japan27.74.3N/A-84.5%
Belgium5.469.8N/A1192.6%
Germany35.1N/AN/A0%
France8.7108N/A1141.4%
Oman21.2N/AN/A0%
OthersN/A-29.0N/A0%
Total98.215314019.4%

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

  1. Turkey (46.6 tons)

Source: IndexBox Market Intelligence Platform

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