Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $15,361 per ton in 2022, surging by 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2018 an increase of 34% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($153,000 per ton), while the price for Belgium ($4,613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+26.5%), 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 Costa Rica (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $9,109 per ton, which is down by -24.1% against the previous year. In general, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 68% against the previous year. The export price peaked at $12,487 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($16,969 per ton), while the average price for exports to Nicaragua ($6,591 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 Honduras (+6.7%), 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 Costa Rica
In 2022, approx. 607 tons of enzymes; prepared enzymes not elsewhere specified or includeds were imported into Costa Rica; shrinking by -15.1% on 2021 figures. In general, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 2.9%. As a result, imports attained the peak of 716 tons, and then fell dramatically in the following year.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds reached $9.3M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 4.1 | 3.5 | 3.1 | 3.3 | -7.0% |
| United States | 1.6 | 1.7 | 2.0 | 1.9 | 5.9% |
| Brazil | 0.5 | 0.6 | 0.8 | 0.8 | 17.0% |
| Mexico | 0.6 | 0.4 | 0.7 | 0.4 | -12.6% |
| Germany | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Belgium | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| China | 0.2 | 0.2 | 0.7 | 0.2 | 0.0% |
| Others | 0.9 | 1.0 | 1.0 | 2.0 | 30.5% |
| Total | 8.3 | 7.6 | 8.8 | 9.3 | 3.9% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Costa Rica in 2022:
- Denmark (188.2 tons)
- United States (151.3 tons)
- Belgium (57.8 tons)
- Brazil (47.8 tons)
- Mexico (44.6 tons)
- China (29.2 tons)
- Germany (21.6 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica
In 2022, overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds were finally on the rise to reach 73 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp contraction.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds skyrocketed to $669K in 2022. Overall, exports, however, saw a sharp curtailment.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 50.0 | 45.3 | 20.8 | 353 | 91.8% |
| Panama | 314 | 321 | 251 | 160 | -20.1% |
| Guatemala | 511 | 489 | 35.3 | 41.0 | -56.9% |
| Honduras | 43.4 | 41.4 | 4.3 | 38.8 | -3.7% |
| El Salvador | 258 | 270 | 4.9 | 14.9 | -61.3% |
| Dominican Republic | 285 | 115 | N/A | N/A | -59.6% |
| Chile | 212 | N/A | N/A | N/A | 0% |
| Peru | N/A | 13.7 | N/A | N/A | 0% |
| Others | 106 | 2.6 | 10.8 | 62.0 | -16.4% |
| Total | 1,780 | 1,298 | 327 | 669 | -27.8% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Costa Rica in 2022:
- Nicaragua (53.5 tons)
- Panama (12.6 tons)
- Guatemala (2.8 tons)
- Honduras (2.6 tons)
- El Salvador (0.9 tons)
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