Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $14,928 per ton in 2022, shrinking by -12.2% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for enzymes; prepared enzymes not elsewhere specified or includeds increased by +38.1% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 34%. The import price peaked at $17,008 per ton in 2021, and then declined in the following year.
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 Japan ($18,591 per ton), while the price for Bulgaria ($3,119 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.8%), 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 Egypt (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $13,464 per ton, surging by 18% against the previous year. In general, the export price recorded a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($13,467 per ton), while the average price for exports to Jordan totaled $13,447 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (-0.2%).
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt
In 2022, overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds were finally on the rise to reach 3K tons after two years of decline. Over the period under review, imports, however, saw a abrupt downturn.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds stood at $45M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 20.1 | 19.2 | 20.1 | 18.1 | -3.4% |
| China | 2.8 | 3.3 | 4.5 | 8.6 | 45.4% |
| Finland | 4.5 | 4.1 | 3.1 | 4.2 | -2.3% |
| United States | 4.2 | 3.3 | 2.9 | 3.7 | -4.1% |
| Germany | 2.2 | 2.7 | 2.1 | 1.8 | -6.5% |
| India | 1.4 | 1.0 | 0.8 | 1.4 | 0.0% |
| Japan | 0.4 | 1.0 | 1.1 | 1.2 | 44.2% |
| France | 1.4 | 1.5 | 1.0 | 1.0 | -10.6% |
| Belgium | 1.1 | 0.6 | 0.7 | 1.0 | -3.1% |
| South Korea | 0.3 | 0.4 | 0.4 | 0.6 | 26.0% |
| Bulgaria | 0.3 | 0.2 | 0.2 | 0.6 | 26.0% |
| Canada | 0.2 | 0.2 | 0.6 | 0.5 | 35.7% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.1 | 0.5 | 35.7% |
| Others | 3.4 | 2.0 | 7.2 | 2.0 | -16.2% |
| Total | 42.5 | 39.5 | 44.8 | 45.3 | 2.1% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Egypt in 2022:
- Denmark (1091.5 tons)
- China (511.6 tons)
- Finland (247.4 tons)
- United States (218.8 tons)
- Bulgaria (186.5 tons)
- Canada (122.5 tons)
- Germany (109.3 tons)
- India (88.0 tons)
- Taiwan (Chinese) (75.7 tons)
- Japan (64.6 tons)
- France (61.9 tons)
- Belgium (60.1 tons)
- South Korea (56.1 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt
Exports of enzymes; prepared enzymes not elsewhere specified or includeds from Egypt soared to 4.4 tons in 2022, picking up by 109% compared with the year before. Overall, exports, however, recorded a abrupt decrease.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds soared to $60K in 2022. In general, exports, however, saw a abrupt contraction.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | N/A | N/A | 48.4 | 0% | |
| Jordan | 31.9 | 17.3 | 10.6 | -42.4% | |
| Sudan | 6.0 | 1.1 | 0.8 | -63.5% | |
| Ethiopia | N/A | 4.8 | N/A | 0% | |
| Italy | 29.8 | N/A | N/A | 0% | |
| Others | N/A | 1.1 | N/A | 0% | |
| Total | 67.7 | 24.3 | 59.8 | -6.0% | |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Egypt in 2022:
- Germany (3.6 tons)
- Jordan (0.8 tons)
- Sudan (0.1 tons)
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