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

Contents:

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

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

In September 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $36,176 per ton, picking up by 18% against the previous month. Overall, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in April 2022 an increase of 3,105% against the previous month. As a result, import price attained the peak level of $1.2M per ton. From May 2022 to September 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Denmark.

From January 2022 to September 2022, the rate of growth in terms of prices for Denmark amounted to +0.2% per month.

Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Jordan (FOB) - 2022

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $13,633 per ton in 2022, picking up by 8.1% against the previous year. In general, the export price, however, recorded a deep reduction. The growth pace was the most rapid in 2020 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices attained the maximum at $104,902 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($13,634 per ton), while the average price for exports to the United States totaled $13,631 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+16.7%), 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 Jordan

In 2022, imports of enzymes; prepared enzymes not elsewhere specified or includeds into Jordan soared to 318 tons, rising by 21% compared with the previous year. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds soared to $5M in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 31%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. Denmark (118.8 tons)
2. United States (49.9 tons)
3. China (41.0 tons)
4. Germany (30.7 tons)
5. Finland (30.2 tons)
6. Turkey (15.5 tons)
7. Spain (8.6 tons)
8. France (4.4 tons)

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

In 2022, shipments abroad of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -13% to 4.5 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 191% against the previous year. As a result, the exports attained the peak of 9.2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds declined to $61K in 2022. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 524% against the previous year. As a result, the exports attained the peak of $229K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Free Zones (3.2 tons)
2. United States (1.3 tons)

Source: IndexBox Market Intelligence Platform