Organo-Sulphur Compounds; Methionine Price in Azerbaijan - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Azerbaijan (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Azerbaijan
Organo-Sulphur Compounds; Methionine Price in Azerbaijan (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,549 per ton, rising by 12% against the previous year. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 66%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($3,771 per ton) and Belgium ($3,763 per ton), while the price for Germany ($3,104 per ton) and Japan ($3,246 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Imports in Azerbaijan
In 2022, purchases abroad of organo-sulphur compounds; methionines increased by 59% to 1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, organo-sulphur compounds; methionine imports soared to $3.6M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Organo-Sulphur Compounds; Methionine in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 78.7 | 715 | 1,439 | 1,777 | 182.6% |
| France | 175 | 545 | 506 | 624 | 52.8% |
| Germany | 888 | 536 | 20.8 | 586 | -12.9% |
| Japan | 712 | 682 | 24.8 | 575 | -6.9% |
| Turkey | 157 | N/A | 4.3 | N/A | -83.5% |
| Others | N/A | 76.4 | 0.2 | N/A | -99.7% |
| Total | 2,010 | 2,554 | 1,995 | 3,562 | 21.0% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Azerbaijan in 2022:
- Belgium (472.2 tons)
- Germany (188.8 tons)
- Japan (177.2 tons)
- France (165.6 tons)
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