Organo-Sulphur Compounds; Methionine Price in the Netherlands - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in the Netherlands (CIF) - 2023
- Organo-Sulphur Compounds; Methionine Price in the Netherlands (FOB) - 2023
- Organo-Sulphur Compounds; Methionine Imports in the Netherlands
- Organo-Sulphur Compounds; Methionine Exports in the Netherlands
Organo-Sulphur Compounds; Methionine Price in the Netherlands (CIF) - 2023
In June 2023, the average organo-sulphur compounds; methionine import price amounted to $2,234 per ton, increasing by 5.8% against the previous month. Overall, the import price, however, recorded a slight shrinkage. The import price peaked at $2,674 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($2,427 per ton) and Japan ($2,371 per ton), while the price for France ($2,041 per ton) and Belgium ($2,073 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in the Netherlands (FOB) - 2023
In June 2023, the average organo-sulphur compounds; methionine export price amounted to $2,428 per ton, rising by 6.4% against the previous month. Overall, the export price, however, recorded a mild curtailment. The growth pace was the most rapid in December 2022 when the average export price increased by 13% month-to-month. As a result, the export price attained the peak level of $2,751 per ton. From January 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the UK ($4,975 per ton), while the average price for exports to Norway ($1,774 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Imports in the Netherlands
In 2022, after three years of growth, there was significant decline in overseas purchases of organo-sulphur compounds; methionines, when their volume decreased by -12.5% to 40K tons. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year.
In value terms, organo-sulphur compounds; methionine imports shrank slightly to $107M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.9% 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 +85.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 49% against the previous year.
| Import of Organo-Sulphur Compounds; Methionine in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 22.4 | 26.7 | 30.7 | 37.7 | 18.9% |
| Japan | 1.4 | 18.9 | 24.7 | 22.3 | 151.6% |
| Germany | 18.2 | 14.9 | 25.1 | 16.4 | -3.4% |
| France | 8.0 | 9.9 | 10.6 | 12.9 | 17.3% |
| Malaysia | 5.3 | 13.1 | 14.0 | 9.5 | 21.5% |
| China | 1.9 | 0.5 | 1.9 | 5.4 | 41.6% |
| Others | 0.4 | 1.7 | 2.7 | 2.7 | 89.0% |
| Total | 57.6 | 85.7 | 110 | 107 | 22.9% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to the Netherlands in 2022:
- Belgium (13.6K tons)
- Japan (8.5K tons)
- Germany (6.0K tons)
- France (4.7K tons)
- Malaysia (3.8K tons)
- China (2.2K tons)
Organo-Sulphur Compounds; Methionine Exports in the Netherlands
In 2022, shipments abroad of organo-sulphur compounds; methionines decreased by -20.1% to 17K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 68%.
In value terms, organo-sulphur compounds; methionine exports fell remarkably to $49M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. As a result, the exports reached the peak of $57M, and then contracted sharply in the following year.
| Export of Organo-Sulphur Compounds; Methionine in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.0 | 12.0 | 22.0 | 14.5 | 21.9% |
| Belgium | 2.2 | 5.8 | 12.2 | 13.0 | 80.8% |
| Poland | 0.7 | 1.1 | 1.6 | 4.1 | 80.3% |
| France | 0.5 | 2.1 | 5.4 | 3.2 | 85.7% |
| Norway | 1.4 | 1.7 | 2.5 | 2.4 | 19.7% |
| Spain | 0.2 | 0.6 | 1.6 | 1.7 | 104.1% |
| Saudi Arabia | N/A | N/A | N/A | 1.0 | 0% |
| Denmark | 0.4 | 0.3 | 0.1 | 1.0 | 35.7% |
| Russia | 0.2 | 0.2 | N/A | 1.0 | 71.0% |
| Others | 6.1 | 7.6 | 11.9 | 6.7 | 3.2% |
| Total | 19.7 | 31.4 | 57.3 | 48.6 | 35.1% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from the Netherlands in 2022:
- Germany (5.8K tons)
- Belgium (4.6K tons)
- Poland (1.3K tons)
- France (1.1K tons)
- Norway (0.7K tons)
- Spain (0.6K tons)
- Saudi Arabia (0.3K tons)
- Denmark (0.3K tons)
- Russia (0.3K tons)
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