Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland (CIF) - 2023
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland (FOB) - 2023
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland (CIF) - 2023
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $13,345 per ton in October 2023, with an increase of 7.9% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.5%. The growth pace was the most rapid in November 2022 when the average import price increased by 18% against the previous month. The import price peaked in October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($6,112 per ton), while the price for China ($5,623 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.8%), 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 Poland (FOB) - 2023
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $14,713 per ton in October 2023, shrinking by -21.5% against the previous month. In general, the export price, however, posted a mild increase. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 56% against the previous month. Over the period under review, the average export prices reached the maximum at $38,275 per ton in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($23,405 per ton), while the average price for exports to Uzbekistan ($9,660 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+13.6%), 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 Poland
In 2022, imports of enzymes; prepared enzymes not elsewhere specified or includeds into Poland rose notably to 13K tons, growing by 9.5% on 2021 figures. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds rose slightly to $130M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 34.0 | 33.0 | 41.2 | 46.4 | 10.9% |
| Netherlands | 10.1 | 43.7 | 41.7 | 37.0 | 54.2% |
| Germany | 5.9 | 14.5 | 12.6 | 14.7 | 35.6% |
| France | 9.0 | 7.4 | 9.3 | 8.3 | -2.7% |
| Belgium | 3.1 | 4.9 | 6.7 | 8.2 | 38.3% |
| Austria | N/A | 4.9 | 6.3 | 7.5 | 23.7% |
| Bulgaria | 2.7 | 2.8 | 2.4 | 2.8 | 1.2% |
| Finland | 28.0 | 0.2 | 0.2 | 0.1 | -84.7% |
| Others | 8.0 | 4.2 | 3.9 | 5.2 | -13.4% |
| Total | 101 | 116 | 124 | 130 | 8.8% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Poland in 2022:
- Denmark (4.5K tons)
- Netherlands (3.4K tons)
- Austria (1.5K tons)
- Germany (1.4K tons)
- France (0.8K tons)
- Belgium (0.7K tons)
- Bulgaria (0.7K tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland
In 2022, overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -7.1% to 1.2K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 29%. As a result, the exports attained the peak of 1.3K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds expanded significantly to $22M in 2022. The total export value increased at an average annual rate of +12.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. As a result, the exports attained the peak of $24M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.4 | 5.0 | 5.0 | 4.2 | 7.3% |
| Lithuania | 0.4 | 3.8 | 1.0 | 1.9 | 68.1% |
| Ukraine | 0.9 | 1.6 | 1.3 | 1.8 | 26.0% |
| Belarus | 1.7 | 1.8 | 2.0 | 1.5 | -4.1% |
| Croatia | 0.9 | 0.9 | 1.0 | 1.2 | 10.1% |
| Hungary | 0.1 | 0.1 | 0.7 | 1.1 | 122.4% |
| Czech Republic | 0.9 | 0.9 | 0.9 | 0.8 | -3.9% |
| Uzbekistan | 1.3 | 1.5 | 1.2 | 0.8 | -14.9% |
| Austria | 0.9 | 0.8 | 1.1 | 0.7 | -8.0% |
| Estonia | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
| Bulgaria | 0.4 | 0.5 | 0.4 | 0.5 | 7.7% |
| Slovakia | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| United Kingdom | N/A | 0.3 | 0.6 | 0.2 | -18.4% |
| Others | 3.9 | 5.3 | 4.1 | 6.2 | 16.7% |
| Total | 15.5 | 23.5 | 20.4 | 22.0 | 12.4% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Poland in 2022:
- Russia (238.0 tons)
- Ukraine (144.0 tons)
- Lithuania (121.3 tons)
- Belarus (117.0 tons)
- Uzbekistan (103.7 tons)
- Hungary (55.1 tons)
- United Kingdom (49.8 tons)
- Croatia (46.2 tons)
- Austria (38.1 tons)
- Czech Republic (37.0 tons)
- Bulgaria (36.7 tons)
- Estonia (24.7 tons)
- Slovakia (22.7 tons)
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