Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel (CIF) - 2022
In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $22,506 per ton, declining by -14.6% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 decreased by -24.9% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 70%. Over the period under review, average import prices reached the peak figure at $29,967 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($33,619 per ton), while the price for Denmark ($14,880 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.0%), 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 Israel (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $13,635 per ton in 2022, picking up by 9.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. 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 export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($13,635 per ton) and Ireland ($13,635 per ton), while the average price for exports to China ($13,635 per ton) and Germany ($13,635 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.3%), 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 Israel
For the fourth consecutive year, Israel recorded growth in overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds, which increased by 10% to 1.3K tons in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds fell to $29M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports attained the peak of $30M, and then declined in the following year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 5.7 | 6.2 | 11.9 | 8.5 | 14.2% |
| Switzerland | 0.2 | 4.7 | N/A | 8.2 | 244.8% |
| Netherlands | 0.6 | 3.0 | 0.1 | 3.2 | 74.7% |
| Germany | 1.0 | 1.5 | 1.0 | 2.1 | 28.1% |
| United States | 4.4 | 1.5 | 2.8 | 1.9 | -24.4% |
| Finland | 1.6 | 2.6 | 3.2 | 1.0 | -14.5% |
| Belgium | 0.4 | 0.5 | 1.0 | 0.9 | 31.0% |
| Japan | 0.9 | 0.4 | 2.6 | 0.7 | -8.0% |
| Ireland | 0.5 | 0.3 | 0.6 | 0.4 | -7.2% |
| France | 2.5 | 2.5 | 4.4 | 0.3 | -50.7% |
| China | 0.9 | 0.2 | 2.0 | 0.2 | -39.4% |
| Others | 0.9 | 0.9 | 0.8 | 1.2 | 10.1% |
| Total | 19.6 | 24.3 | 30.4 | 28.6 | 13.4% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Israel in 2022:
- Denmark (573.4 tons)
- Switzerland (252.9 tons)
- Germany (139.7 tons)
- Netherlands (100.3 tons)
- United States (57.6 tons)
- Finland (30.5 tons)
- Belgium (26.8 tons)
- Japan (22.7 tons)
- Ireland (13.7 tons)
- France (8.9 tons)
- China (5.3 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel
In 2022, overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -4.9% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 200%.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds stood at $24M in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 208% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.7 | 8.1 | 13.4 | 16.1 | 33.9% |
| Germany | N/A | N/A | 3.1 | 3.7 | 19.4% |
| Ireland | N/A | N/A | 1.0 | 2.0 | 100.0% |
| China | N/A | 12.3 | 4.0 | 1.6 | -63.9% |
| Others | 0.1 | 0.6 | 1.5 | 0.5 | 71.0% |
| Total | 6.8 | 20.9 | 23.0 | 24.0 | 52.3% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Israel in 2022:
- United States (1183.9 tons)
- Germany (273.9 tons)
- Ireland (146.7 tons)
- China (118.5 tons)
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