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

Contents:

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

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

In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $15,999 per ton, with an increase of 20% against the previous year. Over the period under review, the import price showed prominent growth. The growth pace was the most rapid in 2019 an increase of 44%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Turkey ($21,161 per ton), while the price for Saudi Arabia ($2,141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Aruba (+45.5%), 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 Sudan (FOB) - 2022

In 2020, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $11,862 per ton, declining by -40.5% against the previous year. In general, the export price recorded a noticeable setback. The growth pace was the most rapid in 2016 when the average export price decreased by -16.2% against the previous year. Over the period under review, the average export prices hit record highs at $19,936 per ton in 2019, and then reduced notably in the following year.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2015 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

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

After two years of decline, overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds increased by 28% to 355 tons in 2022. Overall, imports, however, recorded a sharp setback.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds surged to $5.7M in 2022. Over the period under review, imports, however, saw a noticeable reduction.

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

1. Germany (169.3 tons)
2. Turkey (140.2 tons)
3. Belgium (18.4 tons)
4. India (10.7 tons)
5. United Arab Emirates (4.1 tons)

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

In 2021, shipments abroad of enzymes; prepared enzymes not elsewhere specified or includeds decreased by 99.9% to less than 0.1 kg for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 232% against the previous year. As a result, the exports attained the peak of 10 tons, and then reduced sharply in the following year.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds surged to $177K in 2021. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 98%. The exports peaked in 2021 and are expected to retain growth in years to come.

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

1. Czech Republic (10.0 tons)

Source: IndexBox Market Intelligence Platform