Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $14,622 per ton in 2022, increasing by 27% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $16,181 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Germany ($46,843 per ton), while the price for China ($2,633 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.1%), 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 Ethiopia (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $6,603 per ton, falling by -58.6% against the previous year. Overall, the export price recorded a deep slump. The growth pace was the most rapid in 2015 when the average export price decreased by -41.3% against the previous year. Over the period under review, the average export prices attained the maximum at $15,935 per ton in 2021, and then declined markedly in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Andorra ($7,600 per ton), while the average price for exports to India totaled $6,575 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (0.0%), 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 Ethiopia
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds imported into Ethiopia dropped notably to 334 tons, shrinking by -21% against the previous year. In general, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. As a result, imports attained the peak of 424 tons, and then reduced dramatically in the following year.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds reached $4.9M in 2022. Over the period under review, imports, however, recorded temperate growth. The most prominent rate of growth was recorded in 2021 with an increase of 116%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 2,236 | 1,311 | 3,058 | 2,554 | 4.5% |
| France | 1,065 | 292 | 905 | 1,351 | 8.3% |
| Germany | 100 | 30.1 | 125 | 345 | 51.1% |
| China | 112 | 167 | 246 | 283 | 36.2% |
| South Africa | 5.0 | 4.9 | 6.1 | 221 | 253.6% |
| India | 10.8 | 71.6 | 59.7 | 43.2 | 58.7% |
| Ireland | 394 | 35.5 | 23.1 | 2.3 | -82.0% |
| Turkey | 339 | 99.1 | 80.8 | 0.1 | -93.3% |
| Hong Kong SAR | 14.0 | 19.1 | 40.3 | N/A | 69.7% |
| Singapore | 70.5 | 2.5 | 42.1 | N/A | -22.7% |
| Others | 262 | 221 | 280 | 89.8 | -30.0% |
| Total | 4,608 | 2,254 | 4,866 | 4,889 | 2.0% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Ethiopia in 2022:
- Denmark (111.8 tons)
- China (107.6 tons)
- France (86.2 tons)
- South Africa (8.9 tons)
- Germany (7.4 tons)
- India (6.6 tons)
- Ireland (0.2 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia
In 2022, exports of enzymes; prepared enzymes not elsewhere specified or includeds from Ethiopia declined notably to 184 kg, with a decrease of -95% against the previous year. Overall, exports recorded a precipitous shrinkage.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds declined sharply to $1.2K in 2022. Over the period under review, exports saw a significant decline.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| India | N/A | 1.2 | 0% | ||
| Burkina Faso | 0.3 | N/A | 0% | ||
| Zimbabwe | 57.7 | N/A | 0% | ||
| Andorra | N/A | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 58.1 | 1.2 | -97.9% | ||
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Ethiopia in 2022:
- India (179.0 kg)
- Andorra (5.0 kg)
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