Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil - 2024
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $10,491 per ton in 2022, picking up by 6.3% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 16%. Over the period under review, average import prices attained the peak figure at $10,511 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($25,744 per ton), while the price for China ($4,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.7%), 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 Brazil (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $8,705 per ton, falling by -2.9% against the previous year. Over the period under review, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $12,066 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
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 Denmark ($14,782 per ton), while the average price for exports to Bolivia ($5,073 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 Chile (+2.1%), 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 Brazil
Imports of enzymes; prepared enzymes not elsewhere specified or includeds into Brazil expanded slightly to 25K tons in 2022, rising by 4.6% on the previous year's figure. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds expanded rapidly to $259M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 48.5 | 57.6 | 85.4 | 92.5 | 24.0% |
United States | 36.1 | 35.7 | 45.9 | 49.1 | 10.8% |
China | 9.6 | 11.6 | 22.6 | 36.4 | 55.9% |
Finland | 11.3 | 12.1 | 16.6 | 17.5 | 15.7% |
Argentina | 10.8 | 10.3 | 11.5 | 10.4 | -1.3% |
Germany | 6.8 | 9.0 | 6.3 | 9.4 | 11.4% |
Belgium | 3.9 | 5.1 | 8.3 | 6.3 | 17.3% |
Others | 35.0 | 40.7 | 36.2 | 37.3 | 2.1% |
Total | 162 | 182 | 233 | 259 | 16.9% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Brazil in 2022:
- China (8.3K tons)
- Denmark (5.1K tons)
- United States (4.8K tons)
- Finland (1.9K tons)
- Belgium (1.0K tons)
- Argentina (1.0K tons)
- Germany (0.6K tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds exported from Brazil skyrocketed to 7.1K tons, rising by 23% compared with 2021 figures. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 surged to $62M in 2022. The total export value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 11.0 | 10.8 | 12.8 | 14.2 | 8.9% |
Paraguay | 9.1 | 8.1 | 6.4 | 8.4 | -2.6% |
Denmark | 1.1 | 1.2 | 3.4 | 5.2 | 67.8% |
Peru | 2.1 | 3.7 | 5.0 | 5.1 | 34.4% |
Ecuador | 2.9 | 3.3 | 3.3 | 4.3 | 14.0% |
Colombia | 2.4 | 2.7 | 3.9 | 4.2 | 20.5% |
United States | 1.1 | 1.1 | 2.6 | 3.8 | 51.2% |
Japan | 3.2 | 2.7 | 2.7 | 3.7 | 5.0% |
Chile | 2.4 | 2.7 | 2.1 | 2.8 | 5.3% |
Mexico | 0.8 | 1.3 | 1.9 | 1.7 | 28.6% |
El Salvador | 0.8 | 0.8 | 1.0 | 0.9 | 4.0% |
Bolivia | 1.1 | 1.0 | 0.7 | 0.5 | -23.1% |
China | 2.7 | 0.3 | 0.1 | 0.1 | -66.7% |
Others | 5.0 | 6.3 | 6.2 | 7.2 | 12.9% |
Total | 45.8 | 46.0 | 52.2 | 62.1 | 10.7% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Brazil in 2022:
- Argentina (2038.9 tons)
- Paraguay (1045.1 tons)
- Peru (555.1 tons)
- Colombia (549.7 tons)
- Ecuador (481.8 tons)
- United States (453.8 tons)
- Denmark (351.6 tons)
- Japan (345.1 tons)
- Chile (297.8 tons)
- Mexico (260.1 tons)
- El Salvador (129.3 tons)
- Bolivia (103.1 tons)
- China (15.8 tons)
This report provides an in-depth analysis of the rennet market in Brazil.
This report provides an in-depth analysis of the global rennet market.
This report provides an in-depth analysis of the rennet market in Brazil.
This report provides an in-depth analysis of the global rennet market.
In July 2023, the price of rennet in Brazil (CIF) was $12,916 per ton, indicating a decrease of 53.5% compared to the previous month.
In July 2023, the price of rennet in Brazil (CIF) was $12,916 per ton, indicating a decrease of 53.5% compared to the previous month.