Nucleic Acids Price in Japan - 2023

Contents:

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

Nucleic Acids Price in Japan (FOB) - 2022

The average nucleic acids export price stood at $78,663 per ton in 2022, with an increase of 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. Over the period under review, the average export prices attained the peak figure at $93,542 per ton in 2019; however, from 2020 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 Germany ($784,182 per ton), while the average price for exports to Thailand ($11,590 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 Germany (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Price in Japan (CIF) - 2022

The average nucleic acids import price stood at $59,572 per ton in 2022, which is down by -10.6% against the previous year. Overall, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36%. Over the period under review, average import prices attained the maximum at $120,530 per ton in 2020; however, from 2021 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 South Korea ($537,083 per ton), while the price for the UK ($22,325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Exports in Japan

In 2022, after three years of growth, there was significant decline in shipments abroad of nucleic acids and their salts, when their volume decreased by -13.5% to 20K tons. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +44.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 41%.

In value terms, nucleic acids exports fell modestly to $1.5B in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year.

Top Export Markets for Nucleic Acids from Japan in 2022:

1. South Korea (3.4K tons)
2. United States (3.3K tons)
3. China (2.9K tons)
4. Brazil (1.9K tons)
5. Thailand (1.8K tons)
6. Germany (1.1K tons)
7. Taiwan (Chinese) (1.0K tons)
8. India (1.0K tons)
9. Netherlands (0.2K tons)

Nucleic Acids Imports in Japan

In 2022, the amount of nucleic acids and their salts imported into Japan shrank to 21K tons, waning by -3.6% on 2021 figures. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 21K tons, and then contracted slightly in the following year.

In value terms, nucleic acids imports declined to $1.2B in 2022. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of $2.1B. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Nucleic Acids to Japan in 2022:

1. China (12.0K tons)
2. Germany (3.4K tons)
3. India (2.8K tons)
4. United Kingdom (0.6K tons)
5. United States (0.5K tons)
6. Italy (0.3K tons)
7. Belgium (0.3K tons)

Source: IndexBox Market Intelligence Platform