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

Contents:

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

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

The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $10,380 per ton in 2022, with an increase of 11% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced descent. The growth pace was the most rapid in 2014 an increase of 25%. The import price peaked at $14,964 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($16,426 per ton), while the price for China ($3,092 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Tanzania (FOB) - 2022

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $10,251 per ton in 2022, with an increase of 82% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Zambia.

From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +26.7% per year.

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

In 2022, approx. 323 tons of enzymes; prepared enzymes not elsewhere specified or includeds were imported into Tanzania; with a decrease of -24.1% against 2021 figures. In general, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 89%. As a result, imports reached the peak of 426 tons, and then contracted significantly in the following year.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds fell significantly to $3.4M in 2022. Over the period under review, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.2% 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 +49.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 77% against the previous year. As a result, imports attained the peak of $4M, and then fell significantly in the following year.

Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,1156811,8761,092-0.7%
France31012650065628.4%
Germany10921686.241756.4%
India39.930.563.517664.0%
Netherlands21.312317016698.3%
Turkey16585.0123136-6.2%
South Africa331220214108-31.2%
China48.281.412.810429.2%
Hong Kong SAR43.249.975.1N/A31.8%
Switzerland115133200N/A31.9%
Belgium54929765.3N/A-65.5%
Others20120860149735.2%
Total3,0472,2523,9873,3543.3%

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

  1. Denmark (80.6 tons)
  2. France (39.9 tons)
  3. Germany (38.7 tons)
  4. China (33.7 tons)
  5. Turkey (27.4 tons)
  6. India (24.3 tons)
  7. Netherlands (20.3 tons)
  8. South Africa (17.3 tons)

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

In 2022, shipments abroad of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -43.1% to 1.5 tons, falling for the second year in a row after two years of growth. In general, exports faced a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 655% against the previous year. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds stood at $15K in 2022. Overall, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 821% against the previous year. As a result, the exports reached the peak of $113K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia5.840.13.215.438.5%
Kenya3.212.10.5N/A-60.5%
Uganda2.354.09.0N/A97.8%
Mozambique0.75.11.8N/A60.4%
Others0.32.10.3N/A0.0%
Total12.311314.815.47.8%

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

  1. Zambia (1.5 tons)

Source: IndexBox Market Intelligence Platform

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