Organo-Sulphur Compounds; Methionine Price in Sweden - 2023

Contents:

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

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

The average organo-sulphur compounds; methionine import price stood at $3,823 per ton in 2022, growing by 32% against the previous year. In general, the import price, however, showed a noticeable curtailment. Over the period under review, average import prices attained the peak figure at $4,857 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($5,904 per ton), while the price for France ($1,351 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average organo-sulphur compounds; methionine export price amounted to $7,197 per ton, dropping by -35.5% against the previous year. In general, the export price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2021 an increase of 143% against the previous year. As a result, the export price reached the peak level of $11,158 per ton, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($26,551 per ton), while the average price for exports to the UK ($3,249 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 the United States (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Sulphur Compounds; Methionine Imports in Sweden

In 2022, overseas purchases of organo-sulphur compounds; methionines decreased by -12.5% to 2.3K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of 3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, organo-sulphur compounds; methionine imports soared to $9M in 2022. The total import value increased at an average annual rate of +13.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Organo-Sulphur Compounds; Methionine in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.32.73.03.413.9%
Denmark2.32.83.03.312.8%
Malaysia0.71.00.81.012.6%
Belgium0.10.10.40.681.7%
France0.50.60.30.4-7.2%
LithuaniaN/A0.1N/AN/A0%
Others0.20.10.20.20.0%
Total6.17.47.79.013.8%

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

  1. Denmark (933.1 tons)
  2. Germany (687.0 tons)
  3. France (324.2 tons)
  4. Malaysia (265.5 tons)
  5. Belgium (98.9 tons)

Organo-Sulphur Compounds; Methionine Exports in Sweden

Organo-sulphur compounds; methionine exports from Sweden soared to 436 kg in 2022, increasing by 276% against the previous year's figure. In general, exports, however, showed a precipitous descent.

In value terms, organo-sulphur compounds; methionine exports skyrocketed to $3.1K in 2022. Overall, exports continue to indicate a strong expansion.

Export of Organo-Sulphur Compounds; Methionine in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.7N/AN/A1.939.5%
United States0.14.9N/A0.791.3%
Norway0.1N/A1.30.344.2%
DenmarkN/AN/AN/AN/A0%
Italy1.6N/AN/AN/A0%
Others0.10.1N/A0.226.0%
Total2.65.01.33.16.0%

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

  1. Netherlands (372.0 kg)
  2. United States (27.0 kg)
  3. Norway (25.0 kg)
  4. Denmark (7.0 kg)

Source: IndexBox Market Intelligence Platform

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