Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil - 2024

Contents:

  1. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil (CIF) - 2022
  2. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil (FOB) - 2022
  3. Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Brazil
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark48.557.685.492.524.0%
United States36.135.745.949.110.8%
China9.611.622.636.455.9%
Finland11.312.116.617.515.7%
Argentina10.810.311.510.4-1.3%
Germany6.89.06.39.411.4%
Belgium3.95.18.36.317.3%
Others35.040.736.237.32.1%
Total16218223325916.9%

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

  1. China (8.3K tons)
  2. Denmark (5.1K tons)
  3. United States (4.8K tons)
  4. Finland (1.9K tons)
  5. Belgium (1.0K tons)
  6. Argentina (1.0K tons)
  7. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina11.010.812.814.28.9%
Paraguay9.18.16.48.4-2.6%
Denmark1.11.23.45.267.8%
Peru2.13.75.05.134.4%
Ecuador2.93.33.34.314.0%
Colombia2.42.73.94.220.5%
United States1.11.12.63.851.2%
Japan3.22.72.73.75.0%
Chile2.42.72.12.85.3%
Mexico0.81.31.91.728.6%
El Salvador0.80.81.00.94.0%
Bolivia1.11.00.70.5-23.1%
China2.70.30.10.1-66.7%
Others5.06.36.27.212.9%
Total45.846.052.262.110.7%

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

  1. Argentina (2038.9 tons)
  2. Paraguay (1045.1 tons)
  3. Peru (555.1 tons)
  4. Colombia (549.7 tons)
  5. Ecuador (481.8 tons)
  6. United States (453.8 tons)
  7. Denmark (351.6 tons)
  8. Japan (345.1 tons)
  9. Chile (297.8 tons)
  10. Mexico (260.1 tons)
  11. El Salvador (129.3 tons)
  12. Bolivia (103.1 tons)
  13. China (15.8 tons)

Source: IndexBox Market Intelligence Platform

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