Organo-Sulphur Compounds; Methionine Price in the Czech Republic - 2023

Contents:

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

Organo-Sulphur Compounds; Methionine Price in the Czech Republic (CIF) - 2022

In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,153 per ton, surging by 2.3% against the previous year. Over the period under review, the import price, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2018 an increase of 53%. The import price peaked at $4,894 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($3,572 per ton), while the price for Malaysia ($2,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-0.8%), while the prices for the other major suppliers experienced a decline.

Organo-Sulphur Compounds; Methionine Price in the Czech Republic (FOB) - 2022

In 2022, the average organo-sulphur compounds; methionine export price amounted to $3,570 per ton, shrinking by -15.9% against the previous year. Overall, the export price showed a slight contraction. The pace of growth was the most pronounced in 2014 an increase of 77%. As a result, the export price attained the peak level of $11,103 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($5,715 per ton), while the average price for exports to Slovakia amounted to $3,502 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Organo-Sulphur Compounds; Methionine Imports in the Czech Republic

In 2022, overseas purchases of organo-sulphur compounds; methionines decreased by less than 0.1% to 1.7K tons, falling for the second year in a row after two years of growth. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 77% against the previous year. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, organo-sulphur compounds; methionine imports expanded modestly to $5.3M in 2022. The total import value increased at an average annual rate of +12.4% over the period 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 31%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Organo-Sulphur Compounds; Methionine in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1943621,2911,965116.4%
France9171,0571,5141,45216.6%
Poland98.45875281,070121.5%
Germany2,0742,2071,440445-40.1%
Hungary49.4N/A97.718555.3%
Netherlands68.854.565.591.710.1%
Malaysia19744581.8N/A-35.6%
Others10612112653.1-20.6%
Total3,7034,8335,1445,26212.4%

Top Suppliers of Organo-Sulphur Compounds; Methionine to the Czech Republic in 2022:

  1. Malaysia (undefined tons)
  2. Belgium (640.6 tons)
  3. France (469.9 tons)
  4. Poland (323.0 tons)
  5. Germany (148.8 tons)
  6. Hungary (51.9 tons)
  7. Netherlands (27.2 tons)

Organo-Sulphur Compounds; Methionine Exports in the Czech Republic

In 2022, the amount of organo-sulphur compounds; methionines exported from the Czech Republic declined rapidly to 61 tons, with a decrease of -70% against 2021. Overall, exports saw a precipitous slump. The smallest decline of -6.6% was in 2021.

In value terms, organo-sulphur compounds; methionine exports dropped notably to $217K in 2022. Over the period under review, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 27%. As a result, the exports attained the peak of $858K, and then fell sharply in the following year.

Export of Organo-Sulphur Compounds; Methionine in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia230185231211-2.8%
Romania3444405933.0-79.4%
United Kingdom37.649.53.5N/A-69.5%
Others16.5N/A30.03.1-42.7%
Total628675858217-29.8%

Top Export Markets for Organo-Sulphur Compounds; Methionine from the Czech Republic in 2022:

  1. Slovakia (60.1 tons)
  2. Romania (0.5 tons)

Source: IndexBox Market Intelligence Platform

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