Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden (CIF) - 2023
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden (CIF) - 2023
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $151K per ton in October 2023, rising by 522% against the previous month. In general, the import price recorded a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($934K per ton), while the price for the UK ($39,531 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 China (+25.5%), 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 Sweden (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $23,441 per ton, surging by 13% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for enzymes; prepared enzymes not elsewhere specified or includeds increased by +81.3% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 35%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($202,296 per ton), while the average price for exports to Belgium ($13,973 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 (+28.5%), 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 Sweden
In 2022, approx. 3K tons of enzymes; prepared enzymes not elsewhere specified or includeds were imported into Sweden; rising by 14% on 2021 figures. The total import volume increased at an average annual rate of +14.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds fell to $47M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 2020 with an increase of 53%.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.8 | 14.7 | 20.2 | 13.7 | 11.8% |
| Netherlands | 5.8 | 8.4 | 9.2 | 8.9 | 15.3% |
| Denmark | 5.0 | 4.4 | 5.2 | 8.1 | 17.4% |
| Finland | 4.0 | 4.1 | 3.5 | 3.8 | -1.7% |
| France | 1.4 | 1.3 | 1.6 | 3.2 | 31.7% |
| Belgium | 0.5 | 0.4 | 0.5 | 0.9 | 21.6% |
| Others | 6.0 | 16.7 | 11.7 | 8.7 | 13.2% |
| Total | 32.6 | 50.0 | 51.9 | 47.4 | 13.3% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Sweden in 2022:
- Netherlands (1378.7 tons)
- Denmark (707.4 tons)
- France (383.7 tons)
- Finland (339.1 tons)
- Germany (125.3 tons)
- Belgium (12.4 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds exported from Sweden expanded rapidly to 690 tons, picking up by 11% on the year before. Over the period under review, exports, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 25%.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds soared to $16M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 32%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | 1.9 | 1.8 | 3.3 | 8.3% |
| France | 2.5 | 2.4 | 2.8 | 2.8 | 3.8% |
| Finland | 1.1 | 1.1 | 1.4 | 1.6 | 13.3% |
| Netherlands | 0.1 | 0.5 | 1.1 | 1.3 | 135.1% |
| Norway | 0.9 | 0.5 | 0.9 | 1.2 | 10.1% |
| Denmark | 1.0 | 1.1 | 1.1 | 1.1 | 3.2% |
| China | 0.4 | 0.2 | 0.6 | 0.8 | 26.0% |
| Japan | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| Others | 1.9 | 1.6 | 2.7 | 3.6 | 23.7% |
| Total | 11.0 | 9.8 | 13.0 | 16.2 | 13.8% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Sweden in 2022:
- United States (175.8 tons)
- France (155.5 tons)
- Finland (101.3 tons)
- Norway (74.4 tons)
- Netherlands (60.3 tons)
- Denmark (44.5 tons)
- Japan (14.6 tons)
- China (7.5 tons)
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