Nucleic Acids Price in Denmark - 2023

Contents:

1. Nucleic Acids Price in Denmark (CIF) - 2023
2. Nucleic Acids Price in Denmark (FOB) - 2022
3. Nucleic Acids Imports in Denmark
4. Nucleic Acids Exports in Denmark

Nucleic Acids Price in Denmark (CIF) - 2023

In June 2023, the average nucleic acids import price amounted to $111K per ton, jumping by 172% against the previous month. In general, the import price recorded a tangible expansion. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 311% month-to-month. Over the period under review, average import prices reached the maximum at $166K per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($368K per ton), while the price for the UK ($25,954 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Denmark (FOB) - 2022

In 2022, the average nucleic acids export price amounted to $180,411 per ton, with an increase of 9.4% against the previous year. Over the period under review, the export price showed a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 152% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($370,171 per ton), while the average price for exports to Iceland ($3,736 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 (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Denmark

In 2022, the amount of nucleic acids and their salts imported into Denmark contracted to 325 tons, declining by -6.5% against the previous year's figure. Overall, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 28%.

In value terms, nucleic acids imports skyrocketed to $24M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Nucleic Acids to Denmark in 2022:

1. Germany (156.6 tons)
2. France (42.5 tons)
3. Japan (40.5 tons)
4. China (23.6 tons)
5. Netherlands (15.3 tons)
6. India (11.4 tons)
7. Belgium (10.0 tons)

Nucleic Acids Exports in Denmark

In 2022, after two years of decline, there was significant growth in overseas shipments of nucleic acids and their salts, when their volume increased by 12% to 42 tons. In general, exports, however, recorded a deep slump.

In value terms, nucleic acids exports surged to $7.6M in 2022. Overall, exports recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 91%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Export Markets for Nucleic Acids from Denmark in 2022:

1. United States (15.9 tons)
2. Finland (4.8 tons)
3. United Kingdom (3.4 tons)
4. Iceland (3.3 tons)
5. Norway (1.8 tons)
6. Italy (1.3 tons)
7. Germany (1.3 tons)
8. Sweden (1.0 tons)
9. Belgium (0.1 tons)

Source: IndexBox Market Intelligence Platform