Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iraq - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iraq (CIF) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iraq
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iraq (CIF) - 2022
In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $3,264 per ton, with an increase of 3.7% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of 35%. As a result, import price attained the peak level of $4,748 per ton. From 2015 to 2022, the average 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 Japan ($12,839 per ton), while the price for China ($1,049 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iraq
In 2022, after three years of growth, there was significant decline in supplies from abroad of enzymes; prepared enzymes not elsewhere specified or includeds, when their volume decreased by -13.1% to 545 tons. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% 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 +64.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds shrank to $1.8M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 521 | 573 | 1,152 | 1,142 | 29.9% |
| Bulgaria | 30.2 | 35.5 | 66.5 | 123 | 59.7% |
| Japan | 167 | 359 | 323 | 119 | -10.7% |
| Germany | 80.2 | 71.4 | 56.2 | 57.2 | -10.7% |
| China | 0.6 | 16.0 | 0.1 | 15.0 | 192.4% |
| Belgium | 3.1 | 29.6 | 21.1 | 9.1 | 43.2% |
| United Arab Emirates | 63.8 | 136 | 16.6 | 6.8 | -52.6% |
| Others | 208 | 361 | 338 | 305 | 13.6% |
| Total | 1,074 | 1,582 | 1,973 | 1,778 | 18.3% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Iraq in 2022:
- Turkey (433.3 tons)
- Bulgaria (44.2 tons)
- Germany (25.3 tons)
- China (14.3 tons)
- Japan (9.3 tons)
- Belgium (5.4 tons)
- United Arab Emirates (0.9 tons)
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