Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $8,643 per ton in 2022, shrinking by -41% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $14,660 per ton, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($13,954 per ton), while the price for Finland ($4,485 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), 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 Russia (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $10,191 per ton, shrinking by -4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. Over the period under review, the average export prices attained the maximum at $10,748 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($18,405 per ton), while the average price for exports to Kazakhstan ($9,335 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+26.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia
In 2022, imports of enzymes; prepared enzymes not elsewhere specified or includeds into Russia soared to 15K tons, jumping by 21% on the year before. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds shrank rapidly to $131M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +22.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, imports reached the peak of $184M, and then fell notably in the following year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.0 | 15.1 | 17.4 | 31.3 | 30.8% |
| Netherlands | 8.7 | 16.1 | 9.9 | 15.4 | 21.0% |
| France | 4.7 | 3.8 | 7.8 | 12.3 | 37.8% |
| Lithuania | 2.3 | 5.1 | 6.2 | 11.9 | 73.0% |
| Germany | 17.2 | 22.9 | 70.1 | 10.0 | -16.5% |
| Denmark | 28.0 | 27.1 | 30.6 | 9.0 | -31.5% |
| Bulgaria | 8.2 | 8.2 | 11.7 | 8.8 | 2.4% |
| Finland | 7.8 | 9.6 | 12.0 | 6.7 | -4.9% |
| Others | 16.0 | 21.0 | 18.6 | 26.1 | 17.7% |
| Total | 107 | 129 | 184 | 131 | 7.0% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Russia in 2022:
- China (4.2K tons)
- Netherlands (2.9K tons)
- Finland (1.5K tons)
- Germany (1.1K tons)
- Bulgaria (1.0K tons)
- Denmark (0.9K tons)
- Lithuania (0.9K tons)
- France (0.9K tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia
In 2022, approx. 336 tons of enzymes; prepared enzymes not elsewhere specified or includeds were exported from Russia; dropping by -49.2% compared with the year before. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports attained the peak of 662 tons, and then shrank dramatically in the following year.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds shrank significantly to $3.4M in 2022. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 14%. As a result, the exports reached the peak of $7M, and then declined sharply in the following year.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 2.2 | 2.0 | 1.8 | 2.8 | 8.4% |
| Uzbekistan | 0.1 | 0.1 | 0.6 | 0.2 | 26.0% |
| Estonia | N/A | N/A | N/A | 0.1 | 0% |
| Belarus | 2.6 | 3.4 | 3.6 | N/A | 17.7% |
| Kyrgyzstan | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Others | 0.7 | 0.7 | 1.0 | 0.4 | -17.0% |
| Total | 5.9 | 6.2 | 7.0 | 3.4 | -16.8% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Russia in 2022:
- Kazakhstan (295.4 tons)
- Uzbekistan (12.7 tons)
- Estonia (5.2 tons)
- Kyrgyzstan (2.7 tons)
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