Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $13,203 per ton in 2022, growing by 5.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure at $21,447 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,321 per ton), while the price for Argentina ($1,094 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), 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 Venezuela (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $57,639 per ton in 2022, which is down by -5% against the previous year. Overall, the export price, however, recorded a measured expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 68% against the previous year. The export price peaked at $60,689 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($112,154 per ton), while the average price for exports to Ecuador ($461 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 Costa Rica (+54.6%).
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela
In 2022, after three years of growth, there was significant decline in purchases abroad of enzymes; prepared enzymes not elsewhere specified or includeds, when their volume decreased by -29.9% to 309 tons. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 220%.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds fell remarkably to $4.1M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 118% against the previous year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 507 | 1,379 | 2,756 | 2,253 | 64.4% |
| Uruguay | 155 | 337 | 537 | 350 | 31.2% |
| Germany | 11.7 | 28.4 | 385 | 289 | 191.2% |
| Colombia | 2.0 | 65.5 | 227 | 177 | 345.6% |
| United States | 186 | 70.1 | 182 | 108 | -16.6% |
| Brazil | 15.6 | 32.8 | 43.7 | 101 | 86.4% |
| United Kingdom | 34.8 | 79.7 | 134 | 92.1 | 38.3% |
| Canada | 35.2 | 71.0 | 105 | 63.8 | 21.9% |
| France | 2.6 | 8.6 | 89.0 | 61.0 | 186.3% |
| Denmark | 17.3 | 49.3 | 180 | 54.1 | 46.2% |
| Finland | 14.7 | 44.3 | 150 | 48.5 | 48.9% |
| Argentina | 14.1 | 26.6 | 36.8 | 20.8 | 13.8% |
| Turkey | 2.9 | 8.8 | 33.7 | 20.2 | 91.0% |
| Others | 205 | 416 | 671 | 435 | 28.5% |
| Total | 1,204 | 2,618 | 5,530 | 4,074 | 50.1% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Venezuela in 2022:
- Uruguay (51.6 tons)
- Finland (40.4 tons)
- United Kingdom (38.9 tons)
- Germany (35.8 tons)
- Colombia (35.0 tons)
- Brazil (20.4 tons)
- Argentina (19.0 tons)
- Canada (14.0 tons)
- Turkey (9.6 tons)
- Denmark (6.8 tons)
- Peru (6.8 tons)
- France (6.6 tons)
- United States (6.6 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela
In 2022, overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -27.5% to 2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 122% against the previous year. As a result, the exports reached the peak of 2.8 tons, and then dropped significantly in the following year.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds dropped markedly to $117K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 165% against the previous year. As a result, the exports attained the peak of $170K, and then declined remarkably in the following year.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 28.0 | 56.2 | 166 | 103 | 54.4% |
| Canada | 11.4 | 7.9 | 3.4 | 1.5 | -49.1% |
| Ecuador | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | 0.2 | 12.7 | 6250.0% |
| Total | 39.4 | 64.1 | 170 | 117 | 43.7% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Venezuela in 2022:
- Costa Rica (1480.0 kg)
- Ecuador (534.0 kg)
- Canada (13.0 kg)
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