Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Croatia - 2023
Contents:
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Croatia (CIF) - 2023
- Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Croatia (FOB) - 2022
- Imports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Croatia
- Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Croatia
Price for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Croatia (CIF) - 2023
In September 2023, the average import price for enzymes; prepared enzymes not elsewhere specified or includeds amounted to $17,890 per ton, picking up by 9.9% against the previous month. Overall, the import price showed a notable increase. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 353% month-to-month. As a result, import price reached the peak level of $55,554 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($32,648 per ton), while the price for the Czech Republic ($3,382 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Hungary (+7.6%), 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 Croatia (FOB) - 2022
The average export price for enzymes; prepared enzymes not elsewhere specified or includeds stood at $11,638 per ton in 2022, dropping by -11.3% against the previous year. Overall, the export price, however, posted a remarkable increase. The growth pace was the most rapid in 2018 an increase of 87% against the previous year. Over the period under review, the average export prices hit record highs at $13,125 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($32,114 per ton), while the average price for exports to Slovenia ($8,727 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 Poland (+40.3%), 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 Croatia
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds imported into Croatia declined to 499 tons, waning by -14.4% on the previous year's figure. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of 583 tons, and then fell in the following year.
In value terms, imports of enzymes; prepared enzymes not elsewhere specified or includeds amounted to $12M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 75% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | 3.9 | 6.0 | 53.8% |
| Hungary | 1.1 | 0.8 | 1.4 | 1.4 | 8.4% |
| Netherlands | 1.1 | 1.0 | 1.2 | 1.0 | -3.1% |
| Slovenia | 0.6 | 0.6 | 0.7 | 0.8 | 10.1% |
| Germany | 0.8 | 0.7 | 1.0 | 0.8 | 0.0% |
| Denmark | 1.1 | 1.2 | 1.2 | 0.6 | -18.3% |
| United Kingdom | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Others | 1.6 | 1.7 | 1.7 | 1.7 | 2.0% |
| Total | 6.5 | 6.3 | 11.0 | 12.3 | 23.7% |
Top Suppliers of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included to Croatia in 2022:
- Lithuania (352.6 tons)
- Denmark (58.8 tons)
- Germany (32.6 tons)
- Netherlands (15.0 tons)
- Hungary (11.3 tons)
- Slovenia (10.0 tons)
- United Kingdom (0.5 tons)
Exports of Enzymes; Prepared Enzymes Not Elsewhere Specified or Included in Croatia
In 2022, the amount of enzymes; prepared enzymes not elsewhere specified or includeds exported from Croatia surged to 142 tons, increasing by 32% compared with 2021 figures. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $1.6M in 2022. The total export value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 699 | 719 | 827 | 812 | 5.1% |
| Bosnia and Herzegovina | 397 | 467 | 501 | 430 | 2.7% |
| Iran | N/A | N/A | 29.6 | 265 | 795.3% |
| Romania | 52.8 | N/A | N/A | N/A | 0% |
| Others | 65.5 | 76.7 | 53.2 | 142 | 29.4% |
| Total | 1,215 | 1,264 | 1,411 | 1,650 | 10.7% |
Top Export Markets for Enzymes; Prepared Enzymes Not Elsewhere Specified or Included from Croatia in 2022:
- Slovenia (93.1 tons)
- Iran (29.2 tons)
- Bosnia and Herzegovina (14.7 tons)
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