Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $7,348 per ton in 2022, falling by -2.8% against the previous year. In general, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 10%. As a result, import price attained the peak level of $13,182 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($19,093 per ton), while the price for South Africa ($3,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), 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 Ghana (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $4,662 per ton in 2022, which is down by -2.7% against the previous year. Overall, the export price faced a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 28% against the previous year. The export price peaked at $27,923 per ton in 2013; however, from 2014 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 Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +24.9% per year.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana
In 2022, approx. 490 tons of enzymes; prepared enzymes not elsewhere specified or includeds were imported into Ghana; growing by 17% against the year before. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.0% 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 +68.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds expanded remarkably to $3.6M in 2022. The total import value increased at an average annual rate of +6.6% 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 2020 with an increase of 35% against the previous year. As a result, imports reached the peak of $4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,371 | 1,802 | 868 | 815 | -15.9% |
| France | 615 | 868 | 738 | 710 | 4.9% |
| India | 3.4 | 124 | 109 | 424 | 399.6% |
| Malaysia | 13.5 | 281 | 296 | 330 | 190.2% |
| Mauritius | 304 | 208 | 219 | 258 | -5.3% |
| South Africa | 75.4 | 79.0 | 151 | 111 | 13.8% |
| China | 28.8 | 63.0 | 177 | 95.4 | 49.1% |
| Others | 557 | 595 | 617 | 855 | 15.4% |
| Total | 2,969 | 4,021 | 3,175 | 3,598 | 6.6% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Ghana in 2022:
- Germany (129.1 tons)
- Malaysia (103.3 tons)
- India (57.0 tons)
- France (48.0 tons)
- Mauritius (36.3 tons)
- South Africa (36.2 tons)
- China (24.1 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana
Exports of enzymes; prepared enzymes not elsewhere specified or includeds from Ghana shrank to 260 kg in 2022, which is down by -14.8% on the year before. In general, exports showed a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 42%.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds contracted remarkably to $1.2K in 2022. Overall, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 when exports increased by 52%.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 1.6 | 0.6 | 1.5 | 1.2 | -9.1% |
| Kenya | 3.4 | 0.3 | N/A | N/A | -91.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 1.0 | 1.5 | 1.2 | -37.4% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Ghana in 2022:
- Nigeria (260.0 kg)
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