Organo-Sulphur Compounds; Methionine Price in Switzerland - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Switzerland (CIF) - 2023
- Organo-Sulphur Compounds; Methionine Price in Switzerland (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Switzerland
- Organo-Sulphur Compounds; Methionine Exports in Switzerland
Organo-Sulphur Compounds; Methionine Price in Switzerland (CIF) - 2023
In August 2023, the average organo-sulphur compounds; methionine import price amounted to $2,616 per ton, surging by 23% against the previous month. Over the period under review, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in September 2022 an increase of 50% month-to-month. As a result, import price attained the peak level of $5,281 per ton. From October 2022 to August 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were France ($2,909 per ton) and Germany ($2,417 per ton), while the price for China ($2,072 per ton) and Belgium ($2,362 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (-2.0%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Switzerland (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $4,250 per ton in 2022, waning by -24.4% against the previous year. Overall, the export price saw a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 93% against the previous year. The export price peaked at $25,008 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,358 per ton), while the average price for exports to the UK ($514 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 Japan (-10.8%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Imports in Switzerland
After three years of growth, purchases abroad of organo-sulphur compounds; methionines decreased by -6.4% to 1.6K tons in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 82% against the previous year. As a result, imports reached the peak of 1.7K tons, and then reduced in the following year.
In value terms, organo-sulphur compounds; methionine imports reduced to $5.8M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 41%.
| Import of Organo-Sulphur Compounds; Methionine in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,206 | 915 | 935 | 2,623 | 29.6% |
| Japan | 384 | 453 | 1,498 | 1,115 | 42.7% |
| France | 144 | 157 | 34.8 | 883 | 83.0% |
| Belgium | 104 | 321 | 760 | 833 | 100.1% |
| United States | 24.7 | 75.3 | 41.2 | 171 | 90.6% |
| Russia | 240 | 1,115 | 792 | 58.4 | -37.6% |
| Malaysia | 142 | 92.9 | 464 | 3.8 | -70.1% |
| Germany | 1,106 | 1,408 | 1,065 | 1.4 | -89.2% |
| Others | 6.5 | 183 | 311 | 111 | 157.5% |
| Total | 3,356 | 4,721 | 5,900 | 5,800 | 20.0% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Switzerland in 2022:
- China (835.0 tons)
- France (287.5 tons)
- Belgium (264.0 tons)
- Japan (130.7 tons)
- United States (46.2 tons)
- Russia (24.0 tons)
- Malaysia (1.0 tons)
- Germany (0.4 tons)
Organo-Sulphur Compounds; Methionine Exports in Switzerland
Organo-sulphur compounds; methionine exports from Switzerland dropped slightly to 9.3 tons in 2022, waning by -2.6% compared with the previous year's figure. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 97% against the previous year.
In value terms, organo-sulphur compounds; methionine exports contracted dramatically to $39K in 2022. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 250%.
| Export of Organo-Sulphur Compounds; Methionine in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 58.5 | 5.8 | 20.1 | 21.4 | -28.5% |
| United States | 6.2 | 6.3 | 23.9 | 16.2 | 37.7% |
| Italy | 0.1 | N/A | 0.2 | 1.4 | 141.0% |
| United Kingdom | 0.8 | 2.8 | 0.7 | 0.3 | -27.9% |
| India | N/A | N/A | 7.8 | N/A | 0% |
| Others | 0.1 | 0.4 | 0.8 | 0.1 | 0.0% |
| Total | 65.7 | 15.3 | 53.6 | 39.5 | -15.6% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Switzerland in 2022:
- Germany (3.5 tons)
- Italy (2.6 tons)
- United States (2.5 tons)
- United Kingdom (0.6 tons)
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