Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania (CIF) - 2023
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania (FOB) - 2023
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania (CIF) - 2023
The average import price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $63,103 per ton in October 2023, growing by 394% against the previous month. In general, the import price recorded strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($188K per ton), while the price for China ($20,176 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.5%), 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 Romania (FOB) - 2023
In October 2023, the average export price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $8,638 per ton, dropping by -48.3% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 226% month-to-month. The export price peaked at $62,801 per ton in April 2023; however, from May 2023 to October 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Moldova.
From October 2022 to October 2023, the rate of growth in terms of prices for Moldova amounted to +0.1% per month.
Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania
In 2022, supplies from abroad of enzymes; prepared enzymes not elsewhere specified or includeds increased by 21% to 2.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep reduction.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds reached $21M in 2022. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 2% against the previous year. As a result, imports attained the peak of $27M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 12.0 | 10.0 | 4.4 | 3.9 | -31.2% |
| Netherlands | 2.1 | 2.5 | 2.5 | 3.0 | 12.6% |
| Italy | 1.8 | 2.4 | 1.8 | 2.7 | 14.5% |
| Hungary | 1.3 | 1.6 | 2.0 | 2.1 | 17.3% |
| Belgium | 1.6 | 2.2 | 2.6 | 1.9 | 5.9% |
| Finland | 1.2 | 1.2 | 1.6 | 1.4 | 5.3% |
| Germany | 2.1 | 2.0 | 1.7 | 1.4 | -12.6% |
| Austria | 0.8 | 0.6 | 0.4 | 0.4 | -20.6% |
| Others | 3.3 | 4.2 | 4.1 | 4.4 | 10.1% |
| Total | 26.1 | 26.6 | 21.1 | 21.2 | -6.7% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Romania in 2022:
- Netherlands (460.2 tons)
- Denmark (292.2 tons)
- Italy (267.9 tons)
- Finland (216.7 tons)
- Belgium (204.5 tons)
- Germany (151.3 tons)
- Hungary (128.3 tons)
- Austria (42.2 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania
In 2022, shipments abroad of enzymes; prepared enzymes not elsewhere specified or includeds decreased by -46.3% to 70 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. As a result, the exports reached the peak of 278 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of enzymes; prepared enzymes not elsewhere specified or includeds contracted notably to $883K in 2022. In general, exports showed a deep setback. The growth pace was the most rapid in 2020 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 692 | 749 | 884 | 602 | -4.5% |
| Italy | 139 | 115 | 133 | 111 | -7.2% |
| Greece | 21.5 | 17.9 | 20.1 | 33.5 | 15.9% |
| Croatia | 127 | 282 | 11.7 | 1.8 | -75.8% |
| Slovenia | 42.9 | 156 | 11.7 | N/A | -47.8% |
| Others | 107 | 71.8 | 242 | 135 | 8.1% |
| Total | 1,130 | 1,392 | 1,302 | 883 | -7.9% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Romania in 2022:
- Moldova (61.7 tons)
- Greece (3.1 tons)
- Italy (2.5 tons)
- Croatia (0.1 tons)
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