Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador (CIF) - 2022
In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $13,419 per ton, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2014 an increase of 18%. The import price peaked at $13,888 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 ($30,556 per ton), while the price for Bulgaria ($7,596 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $13,726 per ton, jumping by 186% against the previous year. Over the period under review, the export price showed significant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 3,668% against the previous year. The export price peaked at $20,172 per ton in 2017; however, from 2018 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 Peru ($25,723 per ton), while the average price for exports to Colombia totaled $9,868 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+3,543.8%), 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 Ecuador
In 2022, imports of enzymes; prepared enzymes not elsewhere specified or includeds into Ecuador skyrocketed to 1.6K tons, rising by 19% against 2021 figures. The total import volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds soared to $22M in 2022. The total import value increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 3.5 | 4.1 | 5.2 | 6.5 | 22.9% |
| Brazil | 3.0 | 3.1 | 3.3 | 4.3 | 12.7% |
| United States | 3.5 | 3.8 | 3.6 | 3.9 | 3.7% |
| China | 1.1 | 1.2 | 1.9 | 2.2 | 26.0% |
| France | 1.9 | 0.8 | 0.8 | 0.9 | -22.0% |
| Belgium | 0.2 | 0.3 | 0.6 | 0.9 | 65.1% |
| Germany | 0.2 | 0.5 | 0.4 | 0.6 | 44.2% |
| Colombia | 0.9 | 0.5 | 0.5 | 0.6 | -12.6% |
| Bulgaria | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Others | 1.4 | 1.5 | 1.6 | 1.6 | 4.6% |
| Total | 15.9 | 15.9 | 18.1 | 21.6 | 10.8% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Ecuador in 2022:
- Brazil (466.4 tons)
- Denmark (363.6 tons)
- United States (266.1 tons)
- China (138.5 tons)
- Belgium (96.0 tons)
- Colombia (55.9 tons)
- Bulgaria (39.3 tons)
- Germany (38.3 tons)
- France (29.2 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador
Exports of enzymes; prepared enzymes not elsewhere specified or includeds from Ecuador surged to 24 tons in 2022, increasing by 69% compared with the year before. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds skyrocketed to $327K in 2022. Over the period under review, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 75.9 | 58.0 | 27.0 | 178 | 32.9% |
| Peru | 38.6 | 29.6 | 5.6 | 149 | 56.9% |
| Chile | 22.0 | N/A | 0.6 | N/A | -83.5% |
| Guatemala | 70.5 | N/A | N/A | N/A | 0% |
| Costa Rica | N/A | 77.8 | 7.1 | N/A | -90.9% |
| El Salvador | N/A | N/A | 26.9 | N/A | 0% |
| Brazil | N/A | 23.4 | N/A | N/A | 0% |
| Others | N/A | 12.5 | 0.2 | N/A | -98.4% |
| Total | 207 | 201 | 67.4 | 327 | 16.5% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Ecuador in 2022:
- Colombia (18.0 tons)
- Peru (5.8 tons)
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