Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic - 2023

Contents:

  1. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic (CIF) - 2023
  2. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic (FOB) - 2022
  3. Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic
  4. Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic

Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic (CIF) - 2023

In October 2023, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $10,203 per ton, rising by 255% against the previous month. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $12,132 per ton in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($34,584 per ton), while the price for the Netherlands ($6,254 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 Germany (+3.5%), 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 the Czech Republic (FOB) - 2022

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $18,776 per ton in 2022, waning by -69.9% against the previous year. In general, the export price, however, continues to indicate a temperate expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 146%. As a result, the export price reached the peak level of $62,388 per ton, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($47,045 per ton), while the average price for exports to Turkey ($4,245 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 Croatia (+18.8%), 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 the Czech Republic

Imports of enzymes; prepared enzymes not elsewhere specified or includeds into the Czech Republic declined sharply to 1.8K tons in 2022, with a decrease of -19.6% against 2021. Overall, imports recorded a sharp shrinkage. The smallest decline of -3.2% was in 2021.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds shrank sharply to $19M in 2022. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 7.2%.

Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark13.69.39.64.9-28.8%
Netherlands2.05.64.84.430.1%
Germany2.13.03.74.327.0%
France0.91.11.61.415.9%
Poland0.51.00.90.711.9%
Finland3.60.60.90.7-42.1%
IrelandN/A0.10.10.373.2%
United Kingdom1.10.90.50.1-55.0%
Others3.41.93.02.6-8.6%
Total27.223.525.219.3-10.8%

Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to the Czech Republic in 2022:

  1. Denmark (776.0 tons)
  2. Netherlands (433.0 tons)
  3. Germany (201.9 tons)
  4. Finland (141.9 tons)
  5. France (71.0 tons)
  6. Poland (50.1 tons)
  7. Ireland (29.3 tons)
  8. United Kingdom (12.5 tons)

Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic

Exports of enzymes; prepared enzymes not elsewhere specified or includeds from the Czech Republic surged to 188 tons in 2022, picking up by 135% against 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds plummeted to $3.5M in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 237%. As a result, the exports attained the peak of $5M, and then declined markedly in the following year.

Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.37.310.31,3771561.9%
Slovakia43742243965214.3%
Russia14.155.320.4463220.2%
Ukraine19.654.2221198116.2%
Croatia17.0104121160111.1%
Hungary80.912819594.85.4%
TurkeyN/AN/AN/A79.60%
Poland34.498.396.464.423.2%
Romania4.633.593.049.5120.8%
United States0.1N/A11.344.6664.0%
Italy36716.717.819.9-62.2%
Spain15563.021.3N/A-62.9%
Others1404993,74433133.2%
Total1,2701,4814,9903,53340.6%

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

  1. Belgium (91.6 tons)
  2. Russia (22.4 tons)
  3. Turkey (18.7 tons)
  4. Slovakia (13.9 tons)
  5. United States (8.0 tons)
  6. Ukraine (7.7 tons)
  7. Croatia (4.8 tons)
  8. Poland (4.7 tons)
  9. Hungary (3.7 tons)
  10. Romania (3.1 tons)
  11. Italy (0.8 tons)

Source: IndexBox Market Intelligence Platform

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