Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Nepal - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Nepal (CIF) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Nepal
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Nepal (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $7,676 per ton in 2022, with an increase of 8.7% against the previous year. Overall, the import price, however, saw a slight setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 27% against the previous year. The import price peaked at $8,945 per ton in 2012; however, from 2013 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 Denmark ($10,923 per ton), while the price for China ($5,134 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the prices for the other major suppliers experienced a decline.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Nepal
In 2022, approx. 229 tons of enzymes; prepared enzymes not elsewhere specified or includeds were imported into Nepal; which is down by -24.9% on the previous year's figure. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.2% 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 +24.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports reached the peak of 305 tons, and then contracted notably in the following year.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds shrank markedly to $1.8M in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 70%. As a result, imports attained the peak of $2.2M, and then fell markedly in the following year.
Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 630 | 678 | 1,125 | 996 | 16.5% |
China | 75.1 | 12.2 | 162 | 344 | 66.1% |
Denmark | 267 | 99.8 | 274 | 228 | -5.1% |
Singapore | 89.0 | 123 | 24.0 | 96.7 | 2.8% |
Malaysia | 187 | 72.0 | 147 | N/A | -11.3% |
Others | 313 | 285 | 425 | 94.7 | -32.9% |
Total | 1,561 | 1,269 | 2,156 | 1,759 | 4.1% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Nepal in 2022:
- India (124.7 tons)
- China (66.9 tons)
- Denmark (20.9 tons)
- Singapore (14.5 tons)
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