Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco (CIF) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco (CIF) - 2022
In 2022, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $8,769 per ton, with a decrease of -2.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.9%. The import price peaked at $9,383 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 France ($20,397 per ton), while the price for Spain ($4,179 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.3%), 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 Morocco (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $116,683 per ton in 2022, jumping by 1,074% against the previous year. Over the period under review, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($229,868 per ton), while the average price for exports to Cote d'Ivoire ($33,510 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 Lebanon (+1,276.8%), 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 Morocco
In 2022, approx. 1.9K tons of enzymes; prepared enzymes not elsewhere specified or includeds were imported into Morocco; dropping by -14.6% on the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 25%. As a result, imports attained the peak of 2.2K tons, and then dropped in the following year.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds declined notably to $16M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of $20M, and then declined rapidly in the following year.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 4.3 | 5.3 | 8.0 | 6.1 | 12.4% |
| United States | 1.2 | 1.9 | 2.6 | 2.8 | 32.6% |
| France | 2.1 | 1.5 | 2.3 | 1.7 | -6.8% |
| Finland | 2.0 | 1.4 | 1.7 | 0.9 | -23.4% |
| Bulgaria | 1.4 | 1.3 | 1.0 | 0.9 | -13.7% |
| Belgium | 1.0 | 1.3 | 1.0 | 0.7 | -11.2% |
| Germany | 0.8 | 0.7 | 0.5 | 0.6 | -9.1% |
| Others | 1.5 | 1.6 | 2.6 | 2.7 | 21.6% |
| Total | 14.4 | 15.0 | 19.7 | 16.4 | 4.4% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Morocco in 2022:
- Denmark (594.9 tons)
- United States (311.9 tons)
- Bulgaria (207.7 tons)
- Finland (145.9 tons)
- Germany (96.6 tons)
- Belgium (87.5 tons)
- France (84.8 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds exported from Morocco dropped sharply to 1.2 tons, which is down by -93% on 2021 figures. Overall, exports recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 260%. As a result, the exports attained the peak of 17 tons, and then shrank rapidly in the following year.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds fell notably to $139K in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 262%.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 5.3 | 57.4 | 60.9 | 66.5 | 132.4% |
| Congo | N/A | N/A | N/A | 64.4 | 0% |
| Lebanon | N/A | N/A | 0.4 | 5.3 | 1225.0% |
| Cote d'Ivoire | N/A | N/A | N/A | 3.4 | 0% |
| Spain | N/A | 4.5 | N/A | N/A | 0% |
| Senegal | N/A | 90.4 | 69.9 | N/A | -22.7% |
| Tunisia | 35.5 | 1.0 | 27.7 | N/A | -11.7% |
| Egypt | N/A | N/A | 8.5 | N/A | 0% |
| Others | 1.6 | N/A | 1.1 | N/A | -17.1% |
| Total | 42.4 | 153 | 169 | 139 | 48.6% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Morocco in 2022:
- Mauritania (740.0 kg)
- Congo (280.0 kg)
- Cote d'Ivoire (100.0 kg)
- Lebanon (75.0 kg)
253
This report provides an in-depth analysis of the rennet market in Morocco.
417
This report provides an in-depth analysis of the global rennet market.
253
This report provides an in-depth analysis of the rennet market in Morocco.
417
This report provides an in-depth analysis of the global rennet market.
Nothing found. Please try again.
