Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia (FOB) - 2023
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $14,612 per ton in 2022, shrinking by -28.1% against the previous year. In general, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 21% against the previous year. Over the period under review, average import prices attained the maximum at $41,304 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($24,873 per ton), while the price for Slovakia ($3,963 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia (FOB) - 2023
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $89,642 per ton in October 2023, growing by 996% against the previous month. Overall, the export price, however, recorded a abrupt decrease. Over the period under review, the average export prices attained the maximum at $301K per ton in October 2022; however, from November 2022 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to 0.0% per month.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds imported into Estonia soared to 116 tons, jumping by 62% against the previous year's figure. Over the period under review, imports recorded a significant increase. As a result, imports attained 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 skyrocketed to $1.7M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 +69.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 27%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.9 | 561 | 641 | 665 | 804.1% |
| Spain | N/A | N/A | N/A | 251 | 0% |
| Netherlands | 54.0 | 278 | 301 | 157 | 42.7% |
| Germany | 40.2 | 133 | 109 | 101 | 35.9% |
| Belgium | 62.4 | 4.6 | 75.9 | 98.5 | 16.4% |
| Russia | N/A | N/A | 42.8 | 93.0 | 117.3% |
| Italy | 6.9 | N/A | 3.7 | 60.1 | 105.8% |
| Finland | 7.0 | 35.4 | 54.0 | 45.6 | 86.8% |
| Latvia | 4.9 | 37.7 | 7.8 | 31.2 | 85.3% |
| Lithuania | 123 | 110 | 111 | 22.8 | -43.0% |
| Slovakia | N/A | 13.1 | 16.1 | 15.3 | 8.1% |
| France | 34.0 | 5.8 | 13.1 | 12.9 | -27.6% |
| Denmark | 555 | 21.1 | 1.1 | 3.3 | -81.9% |
| Others | 113 | 74.4 | 86.4 | 144 | 8.4% |
| Total | 1,002 | 1,273 | 1,463 | 1,701 | 19.3% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Estonia in 2022:
- Spain (45.2 tons)
- Poland (26.7 tons)
- Netherlands (12.7 tons)
- Belgium (6.4 tons)
- Germany (4.3 tons)
- Russia (4.2 tons)
- Latvia (3.9 tons)
- Slovakia (3.9 tons)
- Italy (2.7 tons)
- Finland (2.1 tons)
- France (2.0 tons)
- Lithuania (0.6 tons)
- Denmark (0.2 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia
Exports of enzymes; prepared enzymes not elsewhere specified or includeds from Estonia skyrocketed to 42 tons in 2022, jumping by 1,163% on 2021. In general, exports continue to indicate a significant expansion. 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 soared to $356K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 66.7 | 35.2 | 17.5 | 289 | 63.0% |
| Ukraine | N/A | N/A | 39.6 | 1.9 | -95.2% |
| Others | 9.9 | 55.6 | 17.1 | 65.8 | 88.0% |
| Total | 76.6 | 90.8 | 74.2 | 356 | 66.9% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Estonia in 2022:
- Russia (41.5 tons)
- Ukraine (0.1 tons)
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