Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates - 2022
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates (FOB) - 2022
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates (CIF) - 2022
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $5,633 per ton in 2022, dropping by -5.3% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for enzymes; prepared enzymes not elsewhere specified or includeds decreased by -24.4% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 45%. Over the period under review, the average export prices attained the peak figure at $8,455 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($12,932 per ton), while the average price for exports to Bangladesh ($2,797 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 Pakistan (+5.0%), 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 the United Arab Emirates (CIF) - 2022
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $8,985 per ton in 2022, waning by -2.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $16,648 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 South Korea ($47,276 per ton), while the price for Pakistan ($1,385 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+61.4%), 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 the United Arab Emirates
In 2022, exports of enzymes; prepared enzymes not elsewhere specified or includeds from the United Arab Emirates skyrocketed to 3.2K tons, increasing by 176% on the previous year. Overall, exports enjoyed a significant increase. As a result, the exports reached 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 soared to $18M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 0.1 | N/A | 0.7 | 5.9 | 289.3% |
Oman | 1.9 | 2.0 | 2.9 | 2.5 | 9.6% |
Pakistan | N/A | N/A | N/A | 1.8 | 0% |
Bangladesh | N/A | N/A | N/A | 1.6 | 0% |
Indonesia | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
Iran | 1.6 | 2.9 | 2.5 | 0.1 | -60.3% |
India | 0.2 | 0.2 | N/A | 0.1 | -20.6% |
Others | 0.7 | 0.9 | 0.6 | 5.9 | 103.5% |
Total | 4.9 | 6.5 | 7.0 | 18.2 | 54.9% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from the United Arab Emirates in 2022:
- Saudi Arabia (1439.2 tons)
- Oman (735.5 tons)
- Bangladesh (576.6 tons)
- Pakistan (203.4 tons)
- Indonesia (94.5 tons)
- India (21.9 tons)
- Iran (9.7 tons)
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds imported into the United Arab Emirates expanded modestly to 1.5K tons, increasing by 4.8% on 2021. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds totaled $14M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 +65.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | N/A | N/A | 2.2 | 4.2 | 90.9% |
Denmark | 2.2 | 2.3 | 2.8 | 3.3 | 14.5% |
United States | 1.4 | 0.7 | 0.7 | 1.4 | 0.0% |
India | 0.7 | 1.2 | 1.8 | 0.8 | 4.6% |
Italy | 0.2 | 0.3 | 0.5 | 0.7 | 51.8% |
China | 0.3 | 0.3 | 1.3 | 0.4 | 10.1% |
Singapore | 0.7 | 0.9 | 1.0 | 0.2 | -34.1% |
Pakistan | N/A | N/A | N/A | 0.1 | 0% |
Netherlands | 0.9 | 1.7 | 0.3 | 0.1 | -51.9% |
Others | 2.1 | 2.7 | 3.0 | 2.7 | 8.7% |
Total | 8.4 | 10.1 | 13.6 | 13.9 | 18.3% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to the United Arab Emirates in 2022:
- Denmark (804.9 tons)
- Italy (148.4 tons)
- China (99.2 tons)
- South Korea (87.8 tons)
- United States (83.4 tons)
- India (80.8 tons)
- Pakistan (53.2 tons)
- Singapore (36.1 tons)
- Netherlands (17.4 tons)
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