Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $12,575 per ton in February 2022, with an increase of 10% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 an increase of 24% month-to-month. As a result, import price reached the peak level of $15,148 per ton. From June 2021 to February 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was France ($33,230 per ton), while the price for Finland ($6,133 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), 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 Colombia (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $20,716 per ton in 2022, rising by 13% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 47% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($43,732 per ton), while the average price for exports to Italy ($6,579 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 Peru (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds imported into Colombia rose rapidly to 3.8K tons, surging by 12% compared with the year before. The total import volume increased at an average annual rate of +8.9% 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 2021 when imports increased by 22%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds surged to $46M in 2022. The total import value increased at an average annual rate of +8.1% 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 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 9.7 | 8.3 | 8.6 | 9.5 | -0.7% |
| United States | 7.6 | 6.0 | 7.9 | 8.8 | 5.0% |
| France | 4.6 | 4.7 | 4.8 | 5.5 | 6.1% |
| Germany | 2.9 | 3.2 | 3.6 | 5.3 | 22.3% |
| Brazil | 2.6 | 2.5 | 3.6 | 4.3 | 18.3% |
| China | 1.1 | 2.9 | 4.0 | 4.1 | 55.0% |
| Finland | 2.7 | 3.1 | 3.2 | 3.1 | 4.7% |
| Spain | 0.2 | 0.2 | 0.7 | 0.8 | 58.7% |
| Others | 5.4 | 3.2 | 3.7 | 5.1 | -1.9% |
| Total | 36.8 | 34.0 | 40.0 | 46.5 | 8.1% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Colombia in 2022:
- United States (811.4 tons)
- Denmark (806.6 tons)
- Brazil (502.5 tons)
- China (445.7 tons)
- Finland (342.1 tons)
- Germany (321.2 tons)
- France (158.2 tons)
- Spain (77.1 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia
In 2022, overseas shipments of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -5.7% to 233 tons, falling for the second year in a row after two years of growth. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, the exports reached the peak of 281 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 expanded notably to $4.8M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year. As a result, the exports reached the peak of $5.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 28.4 | 420 | 876 | 1,087 | 237.0% |
| Ecuador | 1,345 | 1,335 | 901 | 807 | -15.7% |
| Peru | 856 | 621 | 459 | 526 | -15.0% |
| Mexico | 378 | 619 | 408 | 312 | -6.2% |
| Guatemala | 317 | 313 | 244 | 256 | -6.9% |
| Brazil | N/A | 142 | 0.7 | 83.6 | -23.3% |
| Italy | 18.4 | 59.3 | 3.1 | 65.8 | 52.9% |
| Others | 1,684 | 1,795 | 1,634 | 1,686 | 0.0% |
| Total | 4,627 | 5,304 | 4,526 | 4,823 | 1.4% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Colombia in 2022:
- Ecuador (76.1 tons)
- Venezuela (51.5 tons)
- Mexico (25.6 tons)
- Guatemala (16.5 tons)
- Peru (12.0 tons)
- Brazil (11.6 tons)
- Italy (10.0 tons)
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