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

Contents:

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

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

The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $9,052 per ton in 2022, declining by -3.8% against the previous year. Over the period under review, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2017 an increase of 10% against the previous year. As a result, import price reached the peak level of $13,682 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($52,604 per ton), while the price for Turkey ($2,940 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), 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 Cameroon (FOB) - 2022

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $14,980 per ton in 2022, flattening at the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 135% against the previous year. Over the period under review, the average export prices hit record highs at $29,748 per ton in 2012; however, from 2013 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 Gabon ($15,396 per ton), while the average price for exports to Germany totaled $3,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+14.0%), while the prices for the other major destinations experienced a decline.

Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Cameroon

For the fourth consecutive year, Cameroon recorded growth in purchases abroad of enzymes; prepared enzymes not elsewhere specified or includeds, which increased by 4.2% to 493 tons in 2022. The total import 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 growth pace was the most rapid in 2021 with an increase of 20%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds reached $4.5M in 2022. In general, imports, however, recorded a relatively flat trend pattern.

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

1. France (222.2 tons)
2. Turkey (121.7 tons)
3. Germany (63.0 tons)
4. Ireland (47.4 tons)
5. China (15.5 tons)
6. Netherlands (7.7 tons)

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

Exports of enzymes; prepared enzymes not elsewhere specified or includeds from Cameroon declined significantly to 735 kg in 2022, which is down by -31% compared with the previous year's figure. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 163%. As a result, the exports reached the peak of 1.1 tons, and then reduced sharply in the following year.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds fell rapidly to $11K in 2022. Over the period under review, exports saw a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 172%.

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

1. Gabon (709.0 kg)
2. Germany (25.0 kg)

Source: IndexBox Market Intelligence Platform