Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina (CIF) - 2022
In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $7,345 per ton, with a decrease of -18.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $9,016 per ton in 2021, and then shrank dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($46,021 per ton), while the price for Uruguay ($1,803 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.0%), 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 Argentina (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $7,852 per ton in 2022, with an increase of 5.1% against the previous year. Overall, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 20%. The export price peaked at $16,933 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($16,327 per ton), while the average price for exports to Chile ($2,824 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 Bolivia (-0.5%), while the prices for the other major destinations experienced a decline.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina
For the fourth consecutive year, Argentina recorded growth in overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds, which increased by 21% to 9.4K tons in 2022. The total import volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern 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, imports of enzymes; prepared enzymes not elsewhere specified or includeds dropped slightly to $69M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports attained the peak of $70M, and then fell in the following year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.3 | 15.9 | 24.6 | 19.6 | 11.1% |
| Denmark | 6.5 | 9.9 | 10.1 | 15.8 | 34.5% |
| Brazil | 10.8 | 10.7 | 12.6 | 13.5 | 7.7% |
| Germany | 3.8 | 3.1 | 3.4 | 3.8 | 0.0% |
| Finland | 4.5 | 6.3 | 5.8 | 3.0 | -12.6% |
| Belgium | 2.2 | 2.4 | 2.7 | 3.0 | 10.9% |
| China | 1.7 | 1.9 | 2.5 | 2.6 | 15.2% |
| Uruguay | 1.2 | 0.8 | 0.9 | 1.1 | -2.9% |
| Others | 7.5 | 8.1 | 7.7 | 7.0 | -2.3% |
| Total | 52.5 | 59.3 | 70.4 | 69.3 | 9.7% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Argentina in 2022:
- United States (3.8K tons)
- Brazil (1.8K tons)
- Denmark (1.2K tons)
- Uruguay (0.6K tons)
- Finland (0.5K tons)
- Belgium (0.4K tons)
- Germany (0.3K tons)
- China (0.3K tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina
In 2022, approx. 2.3K tons of enzymes; prepared enzymes not elsewhere specified or includeds were exported from Argentina; growing by 1,037% on the previous year. Overall, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds skyrocketed to $18M in 2022. Over the period under review, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 10.8 | 10.7 | 0.7 | 11.0 | 0.6% |
| United States | N/A | 1.4 | 0.1 | 3.5 | 58.1% |
| Peru | N/A | N/A | N/A | 1.2 | 0% |
| Uruguay | 0.6 | 0.7 | 0.4 | 0.9 | 14.5% |
| Chile | 0.5 | 0.7 | N/A | 0.7 | 11.9% |
| Bolivia | 0.1 | 0.4 | 0.2 | 0.5 | 71.0% |
| Others | 1.4 | 0.1 | N/A | 0.1 | -58.5% |
| Total | 13.4 | 14.0 | 1.5 | 17.9 | 10.1% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Argentina in 2022:
- Brazil (1087.3 tons)
- United States (689.1 tons)
- Chile (245.5 tons)
- Uruguay (113.7 tons)
- Peru (73.8 tons)
- Bolivia (54.0 tons)
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