Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Uzbekistan - 2023

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

In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $8,518 per ton, increasing by 7.3% against the previous year. Over the period under review, import price indicated a buoyant increase from 2017 to 2022: its price increased at an average annual rate of +10.9% over the last five years. 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 +67.8% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 27%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 ($16,846 per ton), while the price for China ($5,030 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+39.4%), 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 Uzbekistan

In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds imported into Uzbekistan fell to 594 tons, declining by -5.9% compared with the previous year. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of 631 tons, and then dropped in the following year.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds totaled $5.1M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Uzbekistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	538	620	700	1,127	28.0%
Denmark	376	559	404	962	36.8%
France	265	685	519	885	49.5%
Turkey	580	473	950	629	2.7%
Kazakhstan	249	263	447	487	25.1%
United States	N/A	N/A	42.5	229	438.8%
Germany	49.2	1.6	28.9	181	54.4%
Finland	N/A	N/A	N/A	175	0%
Russia	77.3	122	250	155	26.1%
Poland	1,345	1,435	1,296	N/A	-1.8%
Others	255	425	374	234	-2.8%
Total	3,735	4,583	5,012	5,063	10.7%