Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran - 2022

Contents:

  1. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran (CIF) - 2022
  2. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran (FOB) - 2022
  3. Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran
  4. Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran

Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran (CIF) - 2022

In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $11,726 per ton, declining by -5.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $12,443 per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($25,125 per ton), while the price for China ($6,289 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran (FOB) - 2022

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $10,897 per ton in 2022, shrinking by -7.6% against the previous year. Overall, the export price saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs at $14,996 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($81,365 per ton), while the average price for exports to Uzbekistan ($896 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 Burkina Faso (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran

In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds imported into Iran shrank modestly to 2.2K tons, reducing by -4.5% against 2021. In general, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 1.8%.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds contracted to $25M in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 25%.

Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey9.39.811.011.36.7%
Netherlands2.01.20.73.520.5%
France2.91.92.32.90.0%
Germany5.92.93.92.4-25.9%
Denmark4.32.33.41.9-23.8%
China2.81.61.20.6-40.2%
Bulgaria0.10.10.10.458.7%
India2.10.80.10.2-54.3%
Others3.82.05.62.1-17.9%
Total33.222.628.325.4-8.5%

Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Iran in 2022:

  1. Turkey (1168.4 tons)
  2. Netherlands (231.7 tons)
  3. Denmark (186.8 tons)
  4. Germany (172.5 tons)
  5. France (116.5 tons)
  6. China (101.4 tons)
  7. Bulgaria (41.7 tons)
  8. India (27.6 tons)

Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran

In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds exported from Iran contracted to 25 tons, dropping by -6.4% compared with the year before. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 9.2%.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds shrank to $270K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 37%. As a result, the exports attained the peak of $312K, and then dropped in the following year.

Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45.146.947.581.621.9%
Georgia94.967.788.371.0-9.2%
Democratic Republic of the Congo2.5N/A9.235.9143.1%
Slovakia40.023.231.528.6-10.6%
New ZealandN/AN/AN/A6.00%
AzerbaijanN/AN/A7.85.4-30.8%
Uzbekistan11.75.212.42.3-41.9%
Burkina FasoN/A81.668.8N/A-15.7%
Others79.32.946.138.7-21.3%
Total273228312270-0.4%

Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Iran in 2022:

  1. Germany (10.5 tons)
  2. Democratic Republic of the Congo (3.9 tons)
  3. Slovakia (3.4 tons)
  4. Uzbekistan (2.6 tons)
  5. Azerbaijan (2.3 tons)
  6. Georgia (0.9 tons)
  7. New Zealand (0.7 tons)

Source: IndexBox Market Intelligence Platform

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