Nucleic Acids Price in Bahrain - 2022

Contents:

  1. Nucleic Acids Price in Bahrain (CIF) - 2022
  2. Nucleic Acids Price in Bahrain (FOB) - 2022
  3. Nucleic Acids Imports in Bahrain
  4. Nucleic Acids Exports in Bahrain

Nucleic Acids Price in Bahrain (CIF) - 2022

In 2022, the average nucleic acids import price amounted to $2,689 per ton, rising by 7.9% against the previous year. Overall, the import price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 72% against the previous year. The import price peaked at $15,200 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 the United Arab Emirates ($5,236 per ton), while the price for Saudi Arabia ($2,150 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.8%), while the prices for the other major suppliers experienced a decline.

Nucleic Acids Price in Bahrain (FOB) - 2022

The average nucleic acids export price stood at $7,524 per ton in 2022, falling by -7.1% against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 328% against the previous year. The export price peaked at $69,314 per ton in 2012; however, from 2013 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 the United States ($41,938 per ton), while the average price for exports to Canada ($18 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 South Korea (+9.7%), while the prices for the other major destinations experienced a decline.

Nucleic Acids Imports in Bahrain

After three years of growth, supplies from abroad of nucleic acids and their salts decreased by -16.2% to 16 tons in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% 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 +41.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of 19 tons, and then reduced remarkably in the following year.

In value terms, nucleic acids imports fell to $44K in 2022. Overall, imports faced a abrupt shrinkage. The smallest decline of -7.9% was in 2020.

Import of Nucleic Acids in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium8.90.2N/A21.834.8%
Saudi Arabia14.432.039.811.8-6.4%
United States25.11.7N/A7.2-34.0%
United Arab Emirates3.43.20.81.3-27.4%
India2.31.91.60.3-49.3%
Others28.437.05.91.2-65.2%
Total82.576.048.243.6-19.2%

Top Suppliers of Nucleic Acids to Bahrain in 2022:

  1. Belgium (8.8 tons)
  2. Saudi Arabia (5.5 tons)
  3. United States (1.5 tons)
  4. United Arab Emirates (0.3 tons)
  5. India (0.1 tons)

Nucleic Acids Exports in Bahrain

In 2022, approx. 1.1 tons of nucleic acids and their salts were exported from Bahrain; jumping by 31% on 2021 figures. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 118%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, nucleic acids exports surged to $8.6K in 2022. In general, exports, however, showed a abrupt curtailment.

Export of Nucleic Acids in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait9.57.34.35.8-15.2%
China1.0N/A1.51.821.6%
United States0.32.40.90.732.6%
South KoreaN/A0.50.30.3-22.5%
Saudi Arabia1.7N/AN/AN/A0%
CanadaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.510.27.18.6-11.7%

Top Export Markets for Nucleic Acids from Bahrain in 2022:

  1. China (798.0 kg)
  2. Kuwait (164.0 kg)
  3. Canada (109.0 kg)
  4. South Korea (60.0 kg)
  5. United States (16.0 kg)

Source: IndexBox Market Intelligence Platform

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