Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $12,167 per ton in March 2022, falling by -11% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 48% month-to-month. As a result, import price attained the peak level of $17,003 per ton. From October 2021 to March 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($18,757 per ton), while the price for China ($3,479 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $9,109 per ton in 2022, falling by -50.9% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2015 an increase of 28%. Over the period under review, the average export prices reached the maximum at $18,815 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -0.2% per year.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus
In 2022, imports of enzymes; prepared enzymes not elsewhere specified or includeds into Belarus surged to 1.4K tons, rising by 38% on the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds soared to $17M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 +66.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.6 | 3.4 | 3.5 | 4.5 | 20.1% |
| Denmark | 2.5 | 2.9 | 2.6 | 3.3 | 9.7% |
| Italy | 1.2 | 1.8 | 2.1 | 2.7 | 31.0% |
| Germany | 0.6 | 0.8 | 1.2 | 1.5 | 35.7% |
| Netherlands | 0.8 | 1.0 | 0.8 | 1.1 | 11.2% |
| China | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
| Turkey | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Others | 1.8 | 1.4 | 1.9 | 2.7 | 14.5% |
| Total | 10.0 | 11.6 | 12.7 | 16.7 | 18.6% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Belarus in 2022:
- Denmark (390.1 tons)
- Russia (376.9 tons)
- Germany (161.4 tons)
- Italy (154.8 tons)
- Netherlands (68.2 tons)
- Turkey (51.9 tons)
- China (44.5 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus
For the fourth consecutive year, Belarus recorded growth in overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds, which increased by 14% to 74 tons in 2022. The total export volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds declined rapidly to $677K in 2022. In general, exports enjoyed a modest expansion. The pace of growth was the most pronounced in 2020 with an increase of 50%.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.7 | N/A | N/A | 677 | 888.9% |
| Russia | 636 | 946 | 1,173 | N/A | 35.8% |
| Others | 16.6 | 30.9 | 36.8 | N/A | 48.9% |
| Total | 653 | 977 | 1,210 | 677 | 1.2% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Belarus in 2022:
- United Arab Emirates (74.4 tons)
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