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

Contents:

1. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Slovakia (CIF) - 2022
2. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Slovakia (FOB) - 2022
3. Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Slovakia
4. Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Slovakia

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

The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $9,153 per ton in 2022, which is down by -4.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 58%. The import price peaked at $9,585 per ton in 2021, and then shrank in the following year.

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 the United States ($39,153 per ton), while the price for Austria ($2,885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.8%), 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 Slovakia (FOB) - 2022

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $9,666 per ton in 2022, with a decrease of -7.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $16,445 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($42,018 per ton), while the average price for exports to the Czech Republic ($6,591 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 the UK (+35.7%), 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 Slovakia

In 2022, after two years of decline, there was significant growth in overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds, when their volume increased by 7.9% to 761 tons. In general, imports, however, continue to indicate a slight curtailment.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds rose to $7M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Denmark (381.0 tons)
2. Germany (104.7 tons)
3. Czech Republic (88.1 tons)
4. Austria (41.7 tons)
5. Poland (35.7 tons)
6. Netherlands (28.2 tons)
7. France (21.5 tons)

Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Slovakia

After three years of growth, overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -64.4% to 124 tons in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 634% against the previous year.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds contracted dramatically to $1.2M in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 452% against the previous year.

Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Slovakia in 2022:

1. United Kingdom (75.3 tons)
2. China (33.2 tons)
3. Canada (4.8 tons)
4. Germany (2.3 tons)
5. Romania (2.1 tons)

Source: IndexBox Market Intelligence Platform