Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $15,669 per ton in 2022, rising by 12% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for enzymes; prepared enzymes not elsewhere specified or includeds increased by +81.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 62%. The import price peaked in 2022 and is likely to continue growth in the near future.
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 Italy ($36,714 per ton), while the price for Turkey ($3,920 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.5%), 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 Greece (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $27,467 per ton, picking up by 19% against the previous year. Over the period under review, the export price saw strong growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 35% against the previous year. As a result, the export price reached the peak level of $33,731 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($59,042 per ton), while the average price for exports to Saudi Arabia ($5,589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+18.8%), 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 Greece
In 2022, overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -14% to 1.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds shrank to $17M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, imports attained the peak of $17M, and then contracted in the following year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 3.2 | 3.9 | 3.8 | 4.2 | 9.5% |
| France | 2.7 | 2.3 | 4.0 | 4.1 | 14.9% |
| Netherlands | 3.0 | 2.2 | 2.3 | 2.4 | -7.2% |
| Germany | 1.9 | 1.7 | 1.7 | 1.7 | -3.6% |
| Italy | 1.5 | 1.3 | 2.0 | 1.1 | -9.8% |
| Belgium | 0.8 | 1.0 | 1.1 | 1.0 | 7.7% |
| Turkey | N/A | N/A | 0.2 | 0.2 | 0.0% |
| United Kingdom | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Others | 1.2 | 1.6 | 2.0 | 1.7 | 12.3% |
| Total | 14.6 | 14.2 | 17.3 | 16.6 | 4.4% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Greece in 2022:
- Denmark (272.5 tons)
- Netherlands (216.1 tons)
- Germany (157.0 tons)
- France (131.6 tons)
- Belgium (57.7 tons)
- United Kingdom (50.0 tons)
- Turkey (38.9 tons)
- Italy (29.0 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece
In 2022, after three years of growth, there was significant decline in shipments abroad of enzymes; prepared enzymes not elsewhere specified or includeds, when their volume decreased by -10.4% to 72 tons. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 99% against the previous year. As a result, the exports attained the peak of 80 tons, and then contracted in the following year.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds amounted to $2M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 76%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 620 | 717 | 1,072 | 1,003 | 17.4% |
| Nigeria | N/A | N/A | 84.8 | 380 | 348.1% |
| Romania | 52.5 | 61.8 | 279 | 324 | 83.4% |
| Bulgaria | 59.4 | 74.1 | 77.0 | 86.3 | 13.3% |
| Saudi Arabia | N/A | N/A | 205 | 69.6 | -66.0% |
| Albania | 83.7 | 51.6 | 63.0 | 24.6 | -33.5% |
| North Macedonia | 46.3 | 38.3 | 33.3 | 15.5 | -30.6% |
| Others | 47.0 | 113 | 39.0 | 67.3 | 12.7% |
| Total | 909 | 1,055 | 1,853 | 1,970 | 29.4% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Greece in 2022:
- Nigeria (21.7 tons)
- Cyprus (17.0 tons)
- Saudi Arabia (12.5 tons)
- Romania (9.0 tons)
- Bulgaria (6.8 tons)
- North Macedonia (1.3 tons)
- Albania (1.1 tons)
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