Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Qatar - 2023

Contents:

1. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Qatar (CIF) - 2022
2. Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Qatar

Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Qatar (CIF) - 2022

In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $12,331 per ton, reducing by -11.8% against the previous year. In general, the import price showed a deep reduction. The pace of growth was the most pronounced in 2019 when the average import price increased by 88%. Over the period under review, average import prices attained the maximum at $23,249 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 Germany ($1,509,840 per ton), while the price for Finland ($8,888 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+58.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Qatar

In 2022, overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -31% to 35 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 107%. As a result, imports attained the peak of 50 tons, and then dropped significantly in the following year.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds contracted significantly to $430K in 2022. In general, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $706K, and then fell rapidly in the following year.

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

1. Finland (18.0 tons)
2. Denmark (16.8 tons)

Source: IndexBox Market Intelligence Platform