Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand - 2024
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand (CIF) - 2022
In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $8,493 per ton, waning by -2.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 30% against the previous year. As a result, import price reached the peak level of $10,642 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($37,664 per ton), while the price for China ($4,787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.9%), 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 Thailand (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $13,161 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. Over the period under review, the average export prices reached the maximum at $18,515 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($74,467 per ton), while the average price for exports to Singapore ($1,487 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 China (+12.2%), 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 Thailand
In 2022, after three years of growth, there was decline in purchases abroad of enzymes; prepared enzymes not elsewhere specified or includeds, when their volume decreased by -2.6% to 9.8K tons. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds reduced to $83M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of $88M, and then shrank in the following year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 16.6 | 19.8 | 25.6 | 24.9 | 14.5% |
| China | 13.1 | 12.5 | 13.5 | 14.5 | 3.4% |
| Finland | 10.8 | 10.1 | 11.5 | 9.7 | -3.5% |
| United States | 7.8 | 11.2 | 9.3 | 8.5 | 2.9% |
| Germany | 5.3 | 7.0 | 8.9 | 5.1 | -1.3% |
| Singapore | 0.8 | 2.2 | 4.8 | 4.2 | 73.8% |
| Belgium | 3.2 | 3.6 | 3.3 | 3.8 | 5.9% |
| United Kingdom | 2.6 | 1.8 | 2.3 | 2.3 | -4.0% |
| Taiwan (Chinese) | 0.9 | 1.0 | 1.4 | 1.7 | 23.6% |
| Others | 8.9 | 7.2 | 7.4 | 8.5 | -1.5% |
| Total | 69.9 | 76.4 | 88.0 | 83.2 | 6.0% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Thailand in 2022:
- China (3022.9 tons)
- Denmark (1739.7 tons)
- Finland (1342.9 tons)
- United States (977.0 tons)
- Germany (772.4 tons)
- Singapore (487.5 tons)
- Belgium (483.1 tons)
- Taiwan (Chinese) (256.8 tons)
- United Kingdom (210.6 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand
In 2022, exports of enzymes; prepared enzymes not elsewhere specified or includeds from Thailand contracted to 1.4K tons, waning by -11.6% compared with 2021. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1.9%.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds fell to $18M in 2022. Over the period under review, exports recorded a noticeable downturn. The growth pace was the most rapid in 2020 when exports increased by 1.4% against the previous year. As a result, the exports reached the peak of $21M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.3 | 8.3 | 8.4 | 7.7 | -2.5% |
| Germany | 3.9 | 3.5 | 2.8 | 2.7 | -11.5% |
| China | 0.5 | 0.7 | 1.5 | 1.3 | 37.5% |
| Lao People's Democratic Republic | 0.9 | 0.9 | 1.1 | 1.1 | 6.9% |
| Taiwan (Chinese) | 1.4 | 2.4 | 1.9 | 1.1 | -7.7% |
| Bangladesh | 0.6 | 0.6 | 0.5 | 0.8 | 10.1% |
| Cambodia | N/A | N/A | 0.3 | 0.6 | 100.0% |
| Philippines | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| Singapore | 0.5 | 0.3 | 0.8 | 0.3 | -15.7% |
| Indonesia | 0.4 | 0.5 | 0.8 | 0.3 | -9.1% |
| Vietnam | 1.2 | 0.3 | 0.1 | 0.3 | -37.0% |
| India | 0.8 | 0.5 | 0.3 | 0.2 | -37.0% |
| Spain | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 2.0 | 3.0 | 1.8 | 1.5 | -9.1% |
| Total | 21.2 | 21.5 | 20.7 | 18.4 | -4.6% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Thailand in 2022:
- Lao People's Democratic Republic (360.4 tons)
- Bangladesh (292.8 tons)
- Singapore (173.1 tons)
- United States (103.1 tons)
- Cambodia (74.8 tons)
- Philippines (56.6 tons)
- Indonesia (52.2 tons)
- China (49.4 tons)
- Germany (40.8 tons)
- Vietnam (37.8 tons)
- Spain (36.7 tons)
- India (20.8 tons)
- Taiwan (Chinese) (17.5 tons)
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