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

Contents:

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

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

In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $7,670 per ton, rising by 8.8% against the previous year. Over the period under review, the import price, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2020 an increase of 108% against the previous year. As a result, import price reached the peak level of $12,334 per ton. From 2021 to 2022, the average 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 Israel ($119,500 per ton), while the price for China ($1,130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+152.6%), 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 Angola (FOB) - 2022

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $731 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, continues to indicate a precipitous curtailment. The export price peaked at $3,750 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2015 to 2022, the rate of growth in terms of prices for Nigeria amounted to -32.1% per year.

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

In 2022, approx. 546 tons of enzymes; prepared enzymes not elsewhere specified or includeds were imported into Angola; rising by 66% compared with the year before. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 183% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds surged to $4.2M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (160.2 tons)
2. Turkey (127.7 tons)
3. Ireland (50.3 tons)
4. Portugal (46.0 tons)
5. Germany (42.8 tons)
6. Belgium (32.0 tons)
7. Italy (31.9 tons)
8. Denmark (13.2 tons)

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

In 2022, shipments abroad of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -50% to 766 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a precipitous setback.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds fell markedly to $560 in 2022. In general, exports saw a precipitous decrease.

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

1. Nigeria (766.0 kg)

Source: IndexBox Market Intelligence Platform