Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Nepal - 2022

Contents:

  1. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Nepal (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
India6306781,12599616.5%
China75.112.216234466.1%
Denmark26799.8274228-5.1%
Singapore89.012324.096.72.8%
Malaysia18772.0147N/A-11.3%
Others31328542594.7-32.9%
Total1,5611,2692,1561,7594.1%

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

  1. India (124.7 tons)
  2. China (66.9 tons)
  3. Denmark (20.9 tons)
  4. Singapore (14.5 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


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