Organo-Sulphur Compounds; Methionine Price in Kenya - 2021

Contents:

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

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

The average organo-sulphur compounds; methionine import price stood at $2,567 per ton in 2022, declining by -7.4% against the previous year. Overall, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $4,619 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,112 per ton), while the price for India ($1,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.4%), while the prices for the other major suppliers experienced a decline.

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

The average organo-sulphur compounds; methionine export price stood at $2,545 per ton in 2022, which is down by -23.9% against the previous year. Overall, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs at $6,161 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($2,775 per ton), while the average price for exports to Rwanda ($2,314 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 Rwanda (+4.9%), while the prices for the other major destinations experienced a decline.

Organo-Sulphur Compounds; Methionine Imports in Kenya

In 2022, the amount of organo-sulphur compounds; methionines imported into Kenya fell to 1.1K tons, dropping by -8.3% against the year before. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports attained the peak of 1.2K tons, and then reduced in the following year.

In value terms, organo-sulphur compounds; methionine imports contracted rapidly to $2.8M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.8% 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 +25.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, imports reached the peak of $3.3M, and then reduced dramatically in the following year.

Import of Organo-Sulphur Compounds; Methionine in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,555791636967-14.6%
China10217283169189.2%
Japan16329752343638.8%
France10824829524531.4%
South Africa64.931634219945.3%
Spain61.735.487.873.15.8%
India6.829.857.748.192.0%
TanzaniaN/A191153N/A-19.9%
Others204251410174-5.2%
Total2,2652,3313,3372,8347.8%

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

  1. Belgium (422.0 tons)
  2. China (275.2 tons)
  3. Japan (168.2 tons)
  4. France (59.6 tons)
  5. South Africa (55.8 tons)
  6. India (33.3 tons)
  7. Spain (30.2 tons)

Organo-Sulphur Compounds; Methionine Exports in Kenya

In 2022, approx. 27 tons of organo-sulphur compounds; methionines were exported from Kenya; falling by -26.3% against the previous year. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 746% against the previous year. As a result, the exports reached the peak of 37 tons, and then contracted rapidly in the following year.

In value terms, organo-sulphur compounds; methionine exports fell dramatically to $69K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 727%. As a result, the exports reached the peak of $124K, and then shrank remarkably in the following year.

Export of Organo-Sulphur Compounds; Methionine in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda3.54.262.034.8115.0%
Tanzania11.88.649.627.833.1%
Rwanda3.42.212.26.826.0%
OthersN/AN/AN/AN/A0%
Total18.715.012469.454.8%

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

  1. Uganda (12.5 tons)
  2. Tanzania (11.8 tons)
  3. Rwanda (2.9 tons)

Source: IndexBox Market Intelligence Platform

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