Organo-Sulphur Compounds; Methionine Price in Saudi Arabia - 2021
Contents:
- Organo-Sulphur Compounds; Methionine Price in Saudi Arabia (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Saudi Arabia (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Saudi Arabia
- Organo-Sulphur Compounds; Methionine Exports in Saudi Arabia
Organo-Sulphur Compounds; Methionine Price in Saudi Arabia (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $2,710 per ton, shrinking by -10.1% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 46% against the previous year. As a result, import price attained the peak level of $5,401 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($7,140 per ton), while the price for Spain ($1,587 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.8%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Saudi Arabia (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $2,129 per ton, dropping by -43.6% against the previous year. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 129% against the previous year. Over the period under review, the average export prices hit record highs at $3,777 per ton in 2021, and then contracted notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to -1.9% per year.
Organo-Sulphur Compounds; Methionine Imports in Saudi Arabia
In 2022, purchases abroad of organo-sulphur compounds; methionines increased by 3.4% to 7.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep reduction.
In value terms, organo-sulphur compounds; methionine imports shrank to $20M in 2022. Over the period under review, imports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 16%.
| Import of Organo-Sulphur Compounds; Methionine in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.1 | 6.9 | 6.6 | 5.7 | -14.4% |
| Croatia | 8.6 | 2.9 | 6.5 | 5.0 | -16.5% |
| Japan | 1.0 | 5.1 | 5.5 | 4.2 | 61.3% |
| France | 2.8 | 1.2 | 1.4 | 1.4 | -20.6% |
| United States | N/A | 1.6 | N/A | 1.2 | -13.4% |
| Malaysia | 2.7 | N/A | 1.6 | 1.2 | -23.7% |
| Spain | 0.6 | 0.7 | 0.3 | 0.4 | -12.6% |
| Italy | 2.5 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.4 | N/A | 1.2 | 81.7% |
| Total | 27.5 | 18.8 | 21.9 | 20.4 | -9.5% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Saudi Arabia in 2022:
- Belgium (2760.5 tons)
- Japan (1950.2 tons)
- Croatia (694.1 tons)
- France (636.2 tons)
- Malaysia (594.2 tons)
- United States (425.4 tons)
- Spain (261.9 tons)
Organo-Sulphur Compounds; Methionine Exports in Saudi Arabia
In 2022, overseas shipments of organo-sulphur compounds; methionines were finally on the rise to reach 65 tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt setback.
In value terms, organo-sulphur compounds; methionine exports skyrocketed to $138K in 2022. In general, exports, however, saw a abrupt curtailment.
| Export of Organo-Sulphur Compounds; Methionine in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 251 | 166 | 28.2 | 138 | -18.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 251 | 166 | 28.2 | 138 | -18.1% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Saudi Arabia in 2022:
- Oman (64.9 tons)
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