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

Contents:

  1. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in France (FOB) - 2023
  2. Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in France (CIF) - 2022
  3. Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in France
  4. Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in France

Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in France (FOB) - 2023

In October 2023, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $25,985 per ton, surging by 21% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.2%. The growth pace was the most rapid in March 2023 when the average export price increased by 24% m-o-m. Over the period under review, the average export prices reached the peak figure in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($39,234 per ton), while the average price for exports to Serbia ($2,428 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $10,427 per ton in 2022, waning by -7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 19% against the previous year. The import price peaked at $11,339 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($61,296 per ton), while the price for the Netherlands ($6,915 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of enzymes; prepared enzymes not elsewhere specified or includeds from France stood at 22K tons in 2022, increasing by 4.6% on the previous year's figure. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 5.7%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds expanded slightly to $413M in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 5.3%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States39.735.835.755.912.1%
Netherlands34.132.931.233.4-0.7%
Spain28.731.033.833.35.1%
Germany26.222.622.322.2-5.4%
Italy28.239.831.920.1-10.7%
Brazil21.426.724.019.3-3.4%
Mexico12.111.916.817.212.4%
Finland9.78.810.812.910.0%
China8.412.615.512.815.1%
Russia4.73.87.712.237.4%
United Kingdom9.39.99.49.92.1%
Singapore10.011.08.09.4-2.0%
Poland8.08.68.99.04.0%
Others1271261451454.5%
Total3683814014133.9%

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

  1. United States (2.8K tons)
  2. Spain (1.8K tons)
  3. Netherlands (1.5K tons)
  4. Brazil (1.4K tons)
  5. Germany (1.4K tons)
  6. Italy (1.0K tons)
  7. Poland (1.0K tons)
  8. United Kingdom (0.9K tons)
  9. Russia (0.9K tons)
  10. Mexico (0.7K tons)
  11. China (0.6K tons)
  12. Finland (0.5K tons)
  13. Singapore (0.5K tons)

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

In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds imported into France rose remarkably to 25K tons, with an increase of 15% against the previous year. In general, imports, however, showed a relatively flat trend pattern.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds expanded notably to $262M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark70.965.368.380.84.5%
Netherlands16.535.440.343.037.6%
Belgium23.918.741.530.58.5%
Germany18.534.532.228.916.0%
China10.410.211.216.416.4%
Italy9.56.93.36.2-13.3%
Finland15.67.67.06.2-26.5%
Others47.136.141.249.91.9%
Total2132152452627.1%

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

  1. Denmark (7.3K tons)
  2. Netherlands (6.2K tons)
  3. Belgium (4.0K tons)
  4. Germany (2.5K tons)
  5. China (1.8K tons)
  6. Italy (0.8K tons)
  7. Finland (0.7K tons)

Source: IndexBox Market Intelligence Platform

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