Organo-Sulphur Compounds; Methionine Price in Romania - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Romania (CIF) - 2023
- Organo-Sulphur Compounds; Methionine Price in Romania (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Romania
- Organo-Sulphur Compounds; Methionine Exports in Romania
Organo-Sulphur Compounds; Methionine Price in Romania (CIF) - 2023
In May 2023, the average organo-sulphur compounds; methionine import price amounted to $2,392 per ton, which is down by -4.3% against the previous month. In general, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in March 2023 an increase of 16% m-o-m. Over the period under review, average import prices reached the peak figure at $3,022 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Poland ($3,076 per ton), while the price for the Czech Republic ($2,033 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.0%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Romania (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $2,184 per ton in 2022, waning by -23.9% against the previous year. Over the period under review, the export price recorded a abrupt descent. The growth pace was the most rapid in 2020 when the average export price increased by 30% against the previous year. The export price peaked at $6,074 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 Moldova ($2,379 per ton), while the average price for exports to Bulgaria ($2,142 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 Croatia (-0.2%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Imports in Romania
In 2022, imports of organo-sulphur compounds; methionines into Romania fell to 4K tons, dropping by -9.8% on the previous year's figure. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 4.6% against the previous year.
In value terms, organo-sulphur compounds; methionine imports contracted to $12M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +36.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35%. As a result, imports attained the peak of $13M, and then declined in the following year.
| Import of Organo-Sulphur Compounds; Methionine in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.5 | 2.7 | 3.4 | 4.4 | 20.7% |
| Belgium | 0.6 | 1.2 | 4.2 | 4.0 | 88.2% |
| Germany | 3.4 | 4.2 | 2.3 | 1.5 | -23.9% |
| Netherlands | 0.1 | 0.1 | 0.6 | 0.6 | 81.7% |
| Hungary | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Poland | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Malaysia | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
| Spain | 0.8 | 0.3 | 0.5 | 0.1 | -50.0% |
| Czech Republic | 0.4 | 0.4 | 0.3 | N/A | -13.4% |
| Others | 0.6 | 0.3 | 0.9 | 0.5 | -5.9% |
| Total | 8.9 | 9.7 | 13.1 | 12.1 | 10.8% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Romania in 2022:
- France (1622.2 tons)
- Belgium (1234.4 tons)
- Germany (486.9 tons)
- Netherlands (218.9 tons)
- Hungary (117.7 tons)
- Malaysia (102.0 tons)
- Poland (75.3 tons)
- Spain (47.2 tons)
- Czech Republic (1.5 tons)
Organo-Sulphur Compounds; Methionine Exports in Romania
In 2022, approx. 348 tons of organo-sulphur compounds; methionines were exported from Romania; rising by 40% against the previous year. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 509% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, organo-sulphur compounds; methionine exports rose rapidly to $759K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 474%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Organo-Sulphur Compounds; Methionine in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 15.9 | N/A | 394 | 606 | 236.5% |
| Slovenia | 54.2 | 75.4 | 261 | 98.2 | 21.9% |
| Moldova | 13.5 | 43.6 | 44.7 | 53.9 | 58.6% |
| Others | 17.5 | 4.9 | 11.6 | 1.0 | -61.5% |
| Total | 101 | 124 | 711 | 759 | 95.9% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Romania in 2022:
- Bulgaria (283.0 tons)
- Slovenia (42.0 tons)
- Moldova (22.6 tons)
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