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

Contents:

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

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

The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $21,949 per ton in 2022, with a decrease of -20% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 27% against the previous year. The export price peaked at $27,428 per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($115,297 per ton), while the average price for exports to Denmark ($7,260 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 (+12.3%), 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 Germany (CIF) - 2022

In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $18,163 per ton, declining by -15% against the previous year. In general, the import price, however, saw measured growth. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. As a result, import price reached the peak level of $21,372 per ton, and then reduced markedly in the following year.

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 China ($42,106 per ton), while the price for Finland ($5,734 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.2%), 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 Germany

In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds exported from Germany reduced modestly to 27K tons, declining by -3.4% against the previous year's figure. In general, exports recorded a mild decline. The most prominent rate of growth was recorded in 2021 when exports increased by 4.5%.

In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds dropped notably to $582M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of $753M, and then fell markedly in the following year.

Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1221831781332.9%
Italy31.123.126.729.9-1.3%
Netherlands18.922.430.929.315.7%
France25.026.529.725.20.3%
Denmark24.222.822.623.0-1.7%
United Kingdom21.620.424.820.6-1.6%
Spain15.114.619.518.26.4%
Brazil10.114.213.418.121.5%
Austria13.213.018.515.86.2%
Poland9.311.911.314.114.9%
Russia17.222.970.310.1-16.3%
Turkey8.19.19.99.96.9%
Singapore8.89.39.07.4-5.6%
Others16520028822711.2%
Total4905927535825.9%

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

  1. Denmark (3.2K tons)
  2. France (1.8K tons)
  3. Brazil (1.5K tons)
  4. Poland (1.3K tons)
  5. United States (1.2K tons)
  6. Spain (1.2K tons)
  7. Turkey (1.0K tons)
  8. Italy (1.0K tons)
  9. Russia (1.0K tons)
  10. Netherlands (0.9K tons)
  11. Singapore (0.9K tons)
  12. Austria (0.8K tons)
  13. United Kingdom (0.8K tons)

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

Imports of enzymes; prepared enzymes not elsewhere specified or includeds into Germany stood at 29K tons in 2022, with an increase of 3.5% compared with 2021 figures. Overall, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 5.6% against the previous year.

In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds dropped to $522M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +38.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of $594M, and then dropped in the following year.

Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1131331551222.6%
Finland75.652.558.462.9-5.9%
Netherlands18.850.449.051.239.6%
China28.517.441.536.58.6%
Belgium8.27.119.014.520.9%
France15.99.511.010.6-12.6%
Italy3.35.54.86.626.0%
Others11411825621824.1%
Total37739359452211.5%

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

  1. Finland (11.0K tons)
  2. Denmark (8.0K tons)
  3. Netherlands (4.6K tons)
  4. China (0.9K tons)
  5. Belgium (0.9K tons)
  6. France (0.7K tons)
  7. Italy (0.6K tons)

Source: IndexBox Market Intelligence Platform

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