Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $8,802 per ton in 2022, with a decrease of -4.6% against the previous year. Overall, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 7.3%. Over the period under review, average import prices attained the peak figure at $12,911 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 Singapore ($10,530 per ton), while the price for South Korea ($4,588 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $14,031 per ton, surging by 89% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 145% against the previous year. Over the period under review, the average export prices hit record highs at $29,538 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($13,635 per ton), while the average price for exports to Iraq stood at $13,608 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+98.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait
In 2022, approx. 108 tons of enzymes; prepared enzymes not elsewhere specified or includeds were imported into Kuwait; growing by 5.8% against 2021. Overall, imports, however, showed a perceptible contraction.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds stood at $949K in 2022. Over the period under review, imports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2020 when imports increased by 3.6% against the previous year. As a result, imports reached the peak of $1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 315 | 187 | 242 | 590 | 23.3% |
| South Korea | 42.3 | 85.5 | 46.7 | 113 | 38.8% |
| France | 204 | 249 | 213 | 61.9 | -32.8% |
| Singapore | 44.7 | 50.1 | 91.3 | 52.5 | 5.5% |
| Finland | 39.5 | 41.6 | 28.7 | 14.4 | -28.6% |
| Netherlands | 42.1 | 37.6 | 17.2 | 6.3 | -46.9% |
| China | 26.3 | 30.6 | 24.1 | 3.9 | -47.1% |
| United Arab Emirates | 28.3 | 46.6 | 9.4 | 3.8 | -48.8% |
| Belgium | 100 | 140 | 87.5 | N/A | -6.5% |
| Sweden | 59.2 | 66.0 | 51.8 | N/A | -6.5% |
| Others | 94.7 | 98.6 | 128 | 103 | 2.8% |
| Total | 996 | 1,033 | 940 | 949 | -1.6% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Kuwait in 2022:
- United States (63.9 tons)
- South Korea (24.6 tons)
- France (7.3 tons)
- Singapore (5.0 tons)
- Finland (2.1 tons)
- Netherlands (0.9 tons)
- China (0.6 tons)
- United Arab Emirates (0.3 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait
In 2022, exports of enzymes; prepared enzymes not elsewhere specified or includeds from Kuwait soared to 11 tons, jumping by 330% compared with the previous year's figure. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,775% against the previous year. As a result, the exports attained the peak of 61 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds skyrocketed to $153K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,470%. As a result, the exports reached the peak of $566K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 145 | 0% |
| Saudi Arabia | 18.0 | 550 | 17.8 | N/A | -0.6% |
| Others | 4.1 | 16.2 | 1.0 | 7.6 | 22.8% |
| Total | 22.0 | 566 | 18.8 | 153 | 90.9% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Kuwait in 2022:
- Netherlands (10.6 tons)
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