Organo-Sulphur Compounds; Methionine Price in Ukraine - 2023

Contents:

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

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

In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,703 per ton, picking up by 10% against the previous year. Over the period under review, the import price, however, saw a slight decrease. The pace of growth was the most pronounced in 2015 when the average import price increased by 27%. As a result, import price reached the peak level of $4,699 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($51,287 per ton), while the price for Russia ($2,522 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average organo-sulphur compounds; methionine export price amounted to $1,988 per ton, with a decrease of -23.9% against the previous year. In general, the export price saw a deep slump. The pace of growth appeared the most rapid in 2014 an increase of 88%. As a result, the export price attained the peak level of $6,590 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +5.6% per year.

Organo-Sulphur Compounds; Methionine Imports in Ukraine

In 2022, overseas purchases of organo-sulphur compounds; methionines decreased by -5% to 5.5K 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 +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of 6.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, organo-sulphur compounds; methionine imports expanded to $20M in 2022. The total import value increased at an average annual rate of +14.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Organo-Sulphur Compounds; Methionine in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.16.01.26.0-13.0%
BelgiumN/A3.95.45.316.6%
Japan0.92.54.94.469.7%
Russia1.31.60.51.2-2.6%
Malaysia1.00.71.21.00.0%
Poland0.20.50.90.858.7%
France0.20.80.80.751.8%
Others0.90.64.40.7-8.0%
Total13.616.619.320.214.1%

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

  1. Germany (2181.0 tons)
  2. Belgium (1786.7 tons)
  3. Russia (479.7 tons)
  4. Malaysia (352.1 tons)
  5. Poland (223.8 tons)
  6. France (163.0 tons)
  7. Japan (85.5 tons)

Organo-Sulphur Compounds; Methionine Exports in Ukraine

In 2022, approx. 85 tons of organo-sulphur compounds; methionines were exported from Ukraine; growing by 24% compared with the previous year's figure. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 88% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, organo-sulphur compounds; methionine exports declined to $169K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year.

Export of Organo-Sulphur Compounds; Methionine in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia87.311.12.216924.6%
VenezuelaN/A14225.0N/A-82.4%
PeruN/AN/A37.5N/A0%
BelarusN/AN/A95.0N/A0%
NetherlandsN/AN/A12.6N/A0%
OthersN/A6.07.3N/A21.7%
Total87.315918016924.6%

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

  1. Georgia (85.1 tons)

Source: IndexBox Market Intelligence Platform

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