Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway - 2024
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway (CIF) - 2022
In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $17,721 per ton, with a decrease of -21.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 33% against the previous year. As a result, import price attained the peak level of $22,458 per ton, and then contracted dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($212,057 per ton), while the price for Sweden ($5,527 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.5%), 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 Norway (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $643,283 per ton in 2022, with a decrease of -14.4% against the previous year. Overall, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 188% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,071,263 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,098,404 per ton), while the average price for exports to Sweden ($47,431 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 the United States (+5.2%), 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 Norway
For the fourth consecutive year, Norway recorded growth in purchases abroad of enzymes; prepared enzymes not elsewhere specified or includeds, which increased by 18% to 783 tons in 2022. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 fell to $14M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +38.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. As a result, imports attained the peak of $15M, and then shrank in the following year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 4.6 | 5.0 | 7.7 | 7.7 | 18.7% |
| France | 0.9 | 1.1 | 1.1 | 1.4 | 15.9% |
| United Kingdom | 1.0 | 1.2 | 1.0 | 1.2 | 6.3% |
| Netherlands | 0.9 | 0.8 | 0.8 | 0.7 | -8.0% |
| Sweden | 0.3 | 0.4 | 0.5 | 0.7 | 32.6% |
| Finland | 0.7 | 0.4 | 0.6 | 0.5 | -10.6% |
| Belgium | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 1.4 | 1.7 | 3.1 | 1.8 | 8.7% |
| Total | 10.0 | 10.9 | 14.9 | 13.9 | 11.6% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Norway in 2022:
- Denmark (332.9 tons)
- Netherlands (121.1 tons)
- Sweden (117.7 tons)
- United Kingdom (73.0 tons)
- France (62.9 tons)
- Finland (42.9 tons)
- Belgium (8.1 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway
In 2022, exports of enzymes; prepared enzymes not elsewhere specified or includeds from Norway declined to 2.6 tons, which is down by -4.7% on 2021. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 65% against the previous year. As a result, the exports attained the peak of 2.7 tons, and then fell slightly in the following year.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds reduced remarkably to $1.7M in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 106%. As a result, the exports attained the peak of $2M, and then contracted rapidly in the following year.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 365 | 666 | 1,288 | 693 | 23.8% |
| Lithuania | N/A | 176 | 532 | 392 | 49.2% |
| United Kingdom | 25.3 | N/A | 6.5 | 283 | 123.6% |
| Finland | 153 | 136 | 142 | 128 | -5.8% |
| Netherlands | 48.7 | 1.0 | 35.5 | 101 | 27.5% |
| Sweden | 3.9 | 2.8 | 7.3 | 29.5 | 96.3% |
| Chile | N/A | N/A | 2.3 | 8.3 | 260.9% |
| Denmark | N/A | N/A | 9.1 | N/A | 0% |
| Romania | 8.1 | N/A | 1.9 | N/A | -51.6% |
| Others | 2.4 | 5.0 | 3.5 | 19.5 | 101.0% |
| Total | 607 | 986 | 2,028 | 1,655 | 39.7% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Norway in 2022:
- Finland (693.0 kg)
- Sweden (622.0 kg)
- United Kingdom (397.0 kg)
- Lithuania (379.0 kg)
- Netherlands (186.0 kg)
- Chile (140.0 kg)
- United States (136.0 kg)
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