Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland - 2023

Contents:

  1. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland (CIF) - 2022
  2. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland (FOB) - 2022
  3. Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland
  4. Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland

Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland (CIF) - 2022

The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $34,806 per ton in 2022, jumping by 52% against the previous year. Over the period under review, the import price saw a buoyant increase. As a result, import price attained the peak level and is likely to continue 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 the UK ($52,885 per ton), while the price for China ($6,319 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.8%), 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 Ireland (FOB) - 2022

In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $28,629 per ton, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($39,853 per ton), while the average price for exports to Vietnam ($5,783 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 Mexico (+4.7%), 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 Ireland

In 2022, supplies from abroad of enzymes; prepared enzymes not elsewhere specified or includeds was finally on the rise to reach 1.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a slight decline.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds soared to $64M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/A1.622.01275.0%
Denmark6.65.97.67.75.3%
Netherlands2.33.64.65.130.4%
Germany2.92.12.63.67.5%
United Kingdom5.55.52.22.5-23.1%
Italy1.30.51.91.1-5.4%
Belgium1.51.60.81.0-12.6%
France0.70.71.20.84.6%
China0.90.70.90.8-3.9%
Others9.48.514.619.226.9%
Total31.129.038.163.927.1%

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

  1. Lithuania (513.7 tons)
  2. Denmark (396.8 tons)
  3. Netherlands (291.6 tons)
  4. China (132.3 tons)
  5. Italy (117.5 tons)
  6. Germany (84.7 tons)
  7. Belgium (66.4 tons)
  8. France (48.8 tons)
  9. United Kingdom (47.7 tons)

Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland

In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds exported from Ireland declined to 1.6K tons, falling by -10% on 2021 figures. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 1.7K tons, and then reduced in the following year.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds amounted to $45M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.313.312.515.32.3%
India0.61.72.33.478.3%
Canada2.31.83.23.09.3%
United Kingdom2.72.12.22.2-6.6%
Spain1.01.02.71.39.1%
Netherlands0.81.01.11.111.2%
Mexico0.20.40.41.071.0%
Germany2.32.52.80.9-26.9%
Brazil1.10.80.50.8-10.1%
Angola0.30.70.50.732.6%
France0.90.81.10.7-8.0%
Bangladesh0.20.20.20.20.0%
VietnamN/AN/AN/A0.20%
Others13.113.915.414.22.7%
Total39.840.045.045.04.2%

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

  1. United States (451.2 tons)
  2. Spain (110.6 tons)
  3. United Kingdom (102.8 tons)
  4. India (97.6 tons)
  5. Canada (75.1 tons)
  6. Germany (61.2 tons)
  7. Angola (54.3 tons)
  8. Netherlands (34.7 tons)
  9. Mexico (30.6 tons)
  10. Bangladesh (30.2 tons)
  11. Vietnam (30.2 tons)
  12. Brazil (29.3 tons)
  13. France (28.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Enzymes; prepared enzymes not elsewhere specified or included - Ireland