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

Contents:

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

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

The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $9,168 per ton in 2022, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2013 an increase of 38%. The import price peaked at $11,228 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($14,550 per ton), while the price for the Netherlands ($2,561 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), 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 Kazakhstan (FOB) - 2022

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $1,036 per ton in 2022, dropping by -78% against the previous year. Over the period under review, the export price showed a deep downturn. The growth pace was the most rapid in 2016 an increase of 43% against the previous year. Over the period under review, the average export prices attained the maximum at $11,745 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($6,135 per ton), while the average price for exports to Uzbekistan ($543 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 Kyrgyzstan (+1.2%), while the prices for the other major destinations experienced a decline.

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

For the fourth year in a row, Kazakhstan recorded growth in overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds, which increased by 19% to 992 tons in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +55.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds surged to $9.1M in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Russia (276.7 tons)
2. Denmark (219.2 tons)
3. Finland (207.6 tons)
4. Turkey (103.1 tons)
5. Germany (59.9 tons)
6. Netherlands (40.0 tons)
7. China (36.0 tons)
8. United States (3.0 tons)

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

For the fourth consecutive year, Kazakhstan recorded growth in shipments abroad of enzymes; prepared enzymes not elsewhere specified or includeds, which increased by 79,507% to 1K tons in 2022. Over the period under review, exports posted significant growth. 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 $1M in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Uzbekistan (879.6 tons)
2. Russia (94.8 tons)
3. Kyrgyzstan (23.0 tons)
4. Tajikistan (8.2 tons)

Source: IndexBox Market Intelligence Platform