Nucleic Acids Price in the UK - 2023
Contents:
- Nucleic Acids Price in the UK (CIF) - 2022
- Nucleic Acids Price in the UK (FOB) - 2022
- Nucleic Acids Imports in the UK
- Nucleic Acids Exports in the UK
Nucleic Acids Price in the UK (CIF) - 2022
In 2022, the average nucleic acids import price amounted to $61,399 per ton, which is down by -12.5% against the previous year. In general, the import price saw a pronounced setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 28%. Over the period under review, average import prices reached the maximum at $92,344 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($338,644 per ton), while the price for Germany ($11,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Nucleic Acids Price in the UK (FOB) - 2022
In 2022, the average nucleic acids export price amounted to $36,559 per ton, with a decrease of -32.9% against the previous year. Over the period under review, the export price showed a deep setback. The growth pace was the most rapid in 2015 an increase of 107%. The export price peaked at $286,022 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Switzerland ($250,851 per ton), while the average price for exports to Austria ($8,562 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 (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Nucleic Acids Imports in the UK
In 2022, the amount of nucleic acids and their salts imported into the UK soared to 11K tons, growing by 38% on the year before. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nucleic acids imports soared to $697M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nucleic Acids in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 147 | 98.4 | 73.3 | 124 | -5.5% |
| Switzerland | 26.3 | 47.7 | 61.7 | 123 | 67.2% |
| China | 75.8 | 70.5 | 57.4 | 113 | 14.2% |
| India | 21.9 | 26.8 | 38.0 | 109 | 70.7% |
| United States | 39.1 | 104 | 159 | 74.9 | 24.2% |
| Germany | 26.0 | 23.3 | 21.6 | 24.1 | -2.5% |
| Belgium | 37.6 | 18.3 | 12.9 | 12.7 | -30.4% |
| Others | 137 | 121 | 154 | 117 | -5.1% |
| Total | 510 | 510 | 578 | 697 | 11.0% |
Top Suppliers of Nucleic Acids to the UK in 2022:
- India (3.4K tons)
- Germany (2.2K tons)
- China (2.0K tons)
- Switzerland (1.2K tons)
- Belgium (0.9K tons)
- United States (0.6K tons)
- Ireland (0.4K tons)
Nucleic Acids Exports in the UK
In 2022, approx. 13K tons of nucleic acids and their salts were exported from the UK; growing by 40% compared with the previous year's figure. Over the period under review, exports posted a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 160%. As a result, the exports reached the peak of 25K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, nucleic acids exports declined to $485M in 2022. In general, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year. As a result, the exports reached the peak of $1.2B. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Nucleic Acids in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 588 | 779 | 219 | 161 | -35.1% |
| Hungary | 44.2 | 64.8 | 48.4 | 64.3 | 13.3% |
| Belgium | 19.2 | 2.8 | 17.1 | 44.0 | 31.8% |
| Germany | 67.5 | 203 | 18.1 | 39.3 | -16.5% |
| Netherlands | 8.7 | 5.8 | 11.4 | 33.4 | 56.6% |
| Russia | 0.7 | 1.5 | 1.9 | 17.0 | 189.6% |
| India | 5.2 | 9.2 | 10.3 | 14.3 | 40.1% |
| France | 17.0 | 16.3 | 16.6 | 10.6 | -14.6% |
| Singapore | 37.0 | 24.2 | 4.0 | 7.6 | -41.0% |
| Turkey | 5.9 | 0.5 | 25.5 | 3.5 | -16.0% |
| Austria | 2.1 | 2.7 | 1.5 | 2.5 | 6.0% |
| Others | 81.1 | 128 | 142 | 87.5 | 2.6% |
| Total | 876 | 1,237 | 517 | 485 | -17.9% |
Top Export Markets for Nucleic Acids from the UK in 2022:
- Belgium (3.3K tons)
- Netherlands (2.6K tons)
- Hungary (2.4K tons)
- United States (0.9K tons)
- Germany (0.8K tons)
- Russia (0.7K tons)
- India (0.5K tons)
- Singapore (0.3K tons)
- Austria (0.3K tons)
- Turkey (0.1K tons)
- France (0.1K tons)
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This report provides an in-depth analysis of the nucleic acid market in the UK.
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