Republic of Korea - Nucleic Acids And Their Salts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNucleic Acid Price in South Korea - 2022
Contents:
- Nucleic Acid Price in South Korea (CIF) - 2022
- Nucleic Acid Price in South Korea (FOB) - 2022
- Nucleic Acid Imports in South Korea
- Nucleic Acid Exports in South Korea
Nucleic Acid Price in South Korea (CIF) - 2022
The average nucleic acid import price stood at $34,755 per ton in December 2022, falling by -33.9% against the previous month. Over the period under review, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 35% m-o-m. The import price peaked at $55,641 per ton in March 2022; however, from April 2022 to December 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was India ($194K per ton), while the price for Indonesia ($7,197 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Nucleic Acid Price in South Korea (FOB) - 2022
The average nucleic acid export price stood at $197,842 per ton in 2022, declining by -23.3% against the previous year. Overall, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. The export price peaked at $258,086 per ton in 2021, and then shrank markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($1,083,885 per ton), while the average price for exports to Bangladesh ($4,580 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 Belgium (+50.4%), while the prices for the other major destinations experienced more modest paces of growth.
Nucleic Acid Imports in South Korea
Nucleic acid imports into South Korea expanded significantly to 15K tons in 2022, increasing by 9.2% against the previous year. Overall, imports continue to indicate a relatively flat trend pattern.
In value terms, nucleic acid imports reached $488M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $505M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Nucleic Acid in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 163 | 200 | 162 | 179 | 3.2% |
India | 88.0 | 94.1 | 151 | 128 | 13.3% |
Japan | 61.7 | 63.9 | 43.6 | 48.5 | -7.7% |
Germany | 25.6 | 21.9 | 22.2 | 22.2 | -4.6% |
Indonesia | 12.4 | 6.8 | 1.9 | 5.2 | -25.1% |
Belgium | 1.7 | 3.5 | 2.9 | 2.5 | 13.7% |
Singapore | N/A | 0.6 | 1.9 | 2.1 | 87.1% |
Others | 92.9 | 114 | 85.8 | 101 | 2.8% |
Total | 445 | 505 | 471 | 488 | 3.1% |
Top Suppliers of Nucleic Acid to South Korea in 2022:
- China (8.2K tons)
- Japan (2.8K tons)
- Indonesia (1.2K tons)
- India (1.0K tons)
- Germany (0.4K tons)
- Singapore (0.3K tons)
- Belgium (0.2K tons)
Nucleic Acid Exports in South Korea
After two years of decline, overseas shipments of nucleic acids and their salts increased by 18% to 1.1K tons in 2022. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations 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, nucleic acid exports dropped to $215M in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. As a result, the exports reached the peak of $238M, and then fell in the following year.
Export of Nucleic Acid in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 85.0 | 52.6 | 63.0 | 65.3 | -8.4% |
Switzerland | 11.6 | 19.6 | 48.8 | 38.5 | 49.2% |
Japan | 20.7 | 32.5 | 21.5 | 20.3 | -0.6% |
United States | 8.5 | 18.8 | 23.4 | 19.1 | 31.0% |
China | 4.5 | 13.1 | 14.5 | 12.3 | 39.8% |
Belgium | 1.2 | 5.0 | 14.3 | 11.3 | 111.2% |
Indonesia | 7.1 | 4.8 | 3.8 | 4.2 | -16.1% |
Vietnam | 2.6 | 2.0 | 1.2 | 1.5 | -16.8% |
Bangladesh | 1.0 | 0.8 | 0.3 | 0.6 | -15.7% |
Others | 35.3 | 42.8 | 47.6 | 42.0 | 6.0% |
Total | 178 | 192 | 238 | 215 | 6.5% |
Top Export Markets for Nucleic Acid from South Korea in 2022:
- Japan (323.9 tons)
- Vietnam (183.4 tons)
- Bangladesh (133.6 tons)
- China (86.8 tons)
- Ireland (60.2 tons)
- Belgium (59.4 tons)
- Switzerland (56.9 tons)
- United States (46.3 tons)
- Indonesia (37.9 tons)
This report provides an in-depth analysis of the nucleic acid market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20145290 - Compounds containing in the structure an unfused pyridine ring or a quinoline or isoquinoline ring-system, not further fused, lactames, other heterocyclic compounds with nitrogen hetero-atom(s) only (excluding compounds containing in the structure an unfused pyrazole ring, an unfused imidazole ring, a pyrimidine ring, a piperazine ring or an unfused triazine ring) N ucleic acids and other heterocyclic compounds - thiazole, b enzothiazole, other cycles
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the nucleic acid market in Republic of Korea.
This report provides an in-depth analysis of the global nucleic acid market.
This report provides an in-depth analysis of the nucleic acid market in Republic of Korea.
This report provides an in-depth analysis of the global nucleic acid market.
Explore the top import markets for nucleic acid worldwide, including key statistics and import values. Discover the leading countries driving the demand for nucleic acid.
In 2016, the global imports of nucleic acid stood at X tons, waning by -X% against the previous year figure. In general, nucleic acid imports continue to indicate a mild descent. The growth pa...
In 2016, the global imports of nucleic acid stood at X tons, waning by -X% against the previous year figure. In general, nucleic acid imports continue to indicate a mild descent. The growth pa...
Explore the top import markets for nucleic acid worldwide, including key statistics and import values. Discover the leading countries driving the demand for nucleic acid.
In 2016, the global imports of nucleic acid stood at X tons, waning by -X% against the previous year figure. In general, nucleic acid imports continue to indicate a mild descent. The growth pa...
In 2016, the global imports of nucleic acid stood at X tons, waning by -X% against the previous year figure. In general, nucleic acid imports continue to indicate a mild descent. The growth pa...