Organo-Sulphur Compounds; Methionine Price in Denmark - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Denmark (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Denmark (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Denmark
- Organo-Sulphur Compounds; Methionine Exports in Denmark
Organo-Sulphur Compounds; Methionine Price in Denmark (CIF) - 2022
The average organo-sulphur compounds; methionine import price stood at $2,992 per ton in 2022, jumping by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible setback. The import price peaked at $4,144 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($3,358 per ton) and France ($3,022 per ton), while the price for Malaysia ($2,547 per ton) and Germany ($2,956 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Denmark (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $3,311 per ton, picking up by 21% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. Over the period under review, the average export prices hit record highs at $4,645 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($8,470 per ton), while the average price for exports to France ($3,091 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 Ukraine (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Imports in Denmark
In 2022, supplies from abroad of organo-sulphur compounds; methionines decreased by -29.3% to 7.3K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a perceptible decrease. The growth pace was the most rapid in 2020 when imports increased by 27%. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, organo-sulphur compounds; methionine imports reduced remarkably to $22M in 2022. The total import value increased at an average annual rate of +6.7% 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 with an increase of 30% against the previous year.
| Import of Organo-Sulphur Compounds; Methionine in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.0 | 17.5 | 19.1 | 17.1 | 4.5% |
| China | 1.4 | 2.3 | 0.5 | 1.8 | 8.7% |
| Netherlands | 0.2 | N/A | N/A | 1.0 | 71.0% |
| France | N/A | N/A | 0.4 | 0.9 | 125.0% |
| Malaysia | 1.0 | 2.9 | 5.1 | 0.5 | -20.6% |
| Belgium | 0.3 | 0.4 | 0.5 | N/A | 29.1% |
| Others | N/A | 0.2 | 0.1 | 0.5 | 58.1% |
| Total | 17.9 | 23.3 | 25.7 | 21.8 | 6.8% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Denmark in 2022:
- Germany (5.8K tons)
- China (0.6K tons)
- Netherlands (0.3K tons)
- France (0.3K tons)
- Malaysia (0.2K tons)
Organo-Sulphur Compounds; Methionine Exports in Denmark
In 2022, approx. 826 tons of organo-sulphur compounds; methionines were exported from Denmark; increasing by 8.8% on 2021 figures. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 962 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, organo-sulphur compounds; methionine exports skyrocketed to $2.7M in 2022. The total export value increased at an average annual rate of +14.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Organo-Sulphur Compounds; Methionine in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 619 | 1,135 | 831 | 1,093 | 20.9% |
| Poland | 8.2 | 104 | 326 | 594 | 316.9% |
| Norway | 109 | 186 | 51.0 | 292 | 38.9% |
| Ukraine | N/A | 102 | 200 | 230 | 50.2% |
| Finland | 726 | 110 | 156 | 219 | -32.9% |
| Latvia | 139 | 328 | 192 | 138 | -0.2% |
| France | 48.4 | 229 | 94.7 | 74.2 | 15.3% |
| Others | 198 | 24.7 | 231 | 96.1 | -21.4% |
| Total | 1,847 | 2,218 | 2,081 | 2,736 | 14.0% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Denmark in 2022:
- Sweden (331.7 tons)
- Poland (172.0 tons)
- Norway (92.0 tons)
- Ukraine (69.9 tons)
- Finland (69.1 tons)
- Latvia (43.2 tons)
- France (24.0 tons)
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