Nucleic Acids Price in Belgium - 2023

Contents:

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

Nucleic Acids Price in Belgium (CIF) - 2022

The average nucleic acids import price stood at $503,636 per ton in 2022, declining by -35.1% against the previous year. In general, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 1,095% against the previous year. As a result, import price attained the peak level of $775,506 per ton, and then dropped markedly in the following year.

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 Singapore ($323,057 per ton), while the price for Germany ($29,053 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Nucleic Acids Price in Belgium (FOB) - 2022

The average nucleic acids export price stood at $33,811 per ton in 2022, surging by 44% against the previous year. Overall, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 383% against the previous year. As a result, the export price reached the peak level of $45,750 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($161,920 per ton), while the average price for exports to India ($1,967 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 Italy (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Belgium

In 2022, overseas purchases of nucleic acids and their salts decreased by -14.9% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year.

In value terms, nucleic acids imports declined markedly to $6.5B in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,191%. As a result, imports attained the peak of $11.8B, and then shrank remarkably in the following year.

Import of Nucleic Acids in Belgium (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.111.45.6648.3%
United States0.10.10.20.10.0%
Others0.30.60.30.732.6%
Total0.40.911.86.5153.3%

Top Suppliers of Nucleic Acids to Belgium in 2022:

  1. Germany (194.2K tons)
  2. United States (4.5K tons)

Nucleic Acids Exports in Belgium

Nucleic acids exports from Belgium declined markedly to 50K tons in 2022, with a decrease of -21.6% against 2021 figures. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 63K tons, and then declined markedly in the following year.

In value terms, nucleic acids exports expanded rapidly to $1.7B in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Export of Nucleic Acids in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy17733137953644.7%
United States132293189130-0.5%
Germany55.173.363.154.8-0.2%
China24.938.932.940.417.5%
France24.729.836.031.68.6%
Hungary10.816.412.510.5-0.9%
Turkey10.515.118.110.0-1.6%
Brazil8.05.98.69.14.4%
Slovakia8.77.06.47.7-4.0%
Spain6.24.66.76.93.6%
Netherlands6.06.06.26.63.2%
Mexico3.83.93.85.915.8%
India12.46.214.34.8-27.1%
Others36271170482331.5%
Total8431,5431,4801,67625.7%

Top Export Markets for Nucleic Acids from Belgium in 2022:

  1. United States (17.9K tons)
  2. Germany (3.5K tons)
  3. Italy (3.3K tons)
  4. India (2.4K tons)
  5. China (2.3K tons)
  6. France (1.8K tons)
  7. Slovakia (1.5K tons)
  8. Brazil (1.4K tons)
  9. Turkey (1.4K tons)
  10. Hungary (1.2K tons)
  11. Spain (1.0K tons)
  12. Mexico (0.9K tons)
  13. Netherlands (0.8K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nucleic Acids - Belgium