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

Contents:

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

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

In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $10,947 per ton, reducing by -6.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22% against the previous year. The import price peaked at $12,497 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($108,022 per ton), while the price for Bulgaria ($1,425 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $4,100 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 644%. As a result, the export price reached the peak level of $5,252 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($5,669 per ton), while the average price for exports to Ireland amounted to $1,131 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+51.2%).

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

Imports of enzymes; prepared enzymes not elsewhere specified or includeds into Algeria amounted to 1.2K tons in 2022, approximately reflecting 2021 figures. In general, imports, however, saw a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by 5.9% against the previous year.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds shrank to $13M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of $14M, and then dropped in the following year.

Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.04.64.34.32.4%
United Arab EmiratesN/A0.91.93.494.4%
Denmark4.23.13.72.3-18.2%
Turkey1.21.01.61.0-5.9%
Netherlands0.41.00.50.40.0%
Bulgaria0.10.10.30.458.7%
United States0.30.20.30.2-12.6%
Germany0.40.30.30.2-20.6%
Others0.70.90.80.84.6%
Total11.312.213.612.94.5%

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

  1. Denmark (307.8 tons)
  2. Bulgaria (256.8 tons)
  3. France (236.7 tons)
  4. Turkey (130.7 tons)
  5. Netherlands (73.6 tons)
  6. United States (61.3 tons)
  7. United Arab Emirates (31.6 tons)
  8. Germany (22.5 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds, when their volume decreased by -22% to 1.1 tons. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 488%.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds shrank significantly to $4.5K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 586% against the previous year.

Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A2.3N/A4.133.5%
IrelandN/AN/AN/A0.40%
South KoreaN/A0.8N/AN/A0%
Niger0.3N/AN/AN/A0%
ItalyN/AN/A5.8N/A0%
PakistanN/AN/A0.1N/A0%
Others0.1N/AN/AN/A0%
Total0.53.25.94.5108.0%

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

  1. France (723.0 kg)
  2. Ireland (382.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Enzymes; prepared enzymes not elsewhere specified or included - Algeria