Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine (CIF) - 2023
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine (CIF) - 2023
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $9,777 per ton in October 2023, which is down by -44.1% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 72% m-o-m. As a result, import price attained the peak level of $17,482 per ton, and then contracted sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($10,496 per ton), while the price for Finland ($5,123 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Denmark (+2.0%), 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 Ukraine (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $7,206 per ton in 2022, declining by -36% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 102%. Over the period under review, the average export prices reached the maximum at $13,188 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($16,076 per ton), while the average price for exports to Turkey ($5,311 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 Belarus (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine
In 2022, overseas purchases of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -17.1% to 2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds dropped notably to $21M in 2022. In general, imports saw a mild downturn. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 9.8 | 10.2 | 8.4 | 10.1% |
| Germany | 3.7 | 4.4 | 5.3 | 4.1 | 3.5% |
| Denmark | 3.1 | 3.6 | 4.2 | 1.9 | -15.1% |
| United States | 0.3 | 0.9 | 1.3 | 0.9 | 44.2% |
| Belgium | 1.2 | 1.1 | 1.1 | 0.9 | -9.1% |
| Finland | 2.5 | 0.7 | 0.7 | 0.6 | -37.9% |
| Poland | 0.7 | 1.2 | 1.0 | 0.5 | -10.6% |
| Netherlands | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| Bulgaria | 0.2 | 0.5 | 0.3 | 0.4 | 26.0% |
| Others | 3.9 | 5.5 | 4.5 | 3.2 | -6.4% |
| Total | 22.4 | 28.0 | 29.0 | 21.2 | -1.8% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Ukraine in 2022:
- China (682.5 tons)
- Germany (470.3 tons)
- Denmark (162.4 tons)
- Belgium (145.7 tons)
- Finland (106.9 tons)
- United States (69.4 tons)
- Bulgaria (57.5 tons)
- Netherlands (43.5 tons)
- Poland (42.5 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine
In 2022, overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -52% to 29 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a notable increase. The growth pace was the most rapid in 2021 when exports increased by 99% against the previous year. As a result, the exports reached the peak of 61 tons, and then dropped rapidly in the following year.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds contracted sharply to $211K in 2022. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of $687K, and then shrank significantly in the following year.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 18.6 | 117 | 529.0% |
| Moldova | 101 | 81.1 | 89.2 | 46.4 | -22.8% |
| Georgia | 0.1 | N/A | N/A | 9.2 | 351.4% |
| Russia | 117 | 205 | 537 | N/A | 114.2% |
| Kyrgyzstan | N/A | 59.8 | N/A | N/A | 0% |
| Others | 123 | 26.3 | 42.9 | 38.9 | -31.9% |
| Total | 341 | 372 | 687 | 211 | -14.8% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Ukraine in 2022:
- Turkey (22.0 tons)
- Moldova (5.4 tons)
- Georgia (1.0 tons)
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