Nucleic Acids Price in Italy - 2023

Contents:

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

Nucleic Acids Price in Italy (CIF) - 2022

The average nucleic acids import price stood at $72,983 per ton in 2022, surging by 18% against the previous year. In general, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

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 Belgium ($978,276 per ton), while the price for Slovakia ($5,268 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Italy (FOB) - 2022

In 2022, the average nucleic acids export price amounted to $96,810 per ton, with an increase of 13% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 22%. As a result, the export price attained the peak level of $111,071 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($351,761 per ton), while the average price for exports to Taiwan (Chinese) ($36,921 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 Brazil (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Italy

In 2022, approx. 16K tons of nucleic acids and their salts were imported into Italy; with a decrease of -6.7% on the previous year's figure. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 17K tons, and then fell in the following year.

In value terms, nucleic acids imports rose rapidly to $1.2B in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% 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 +79.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Nucleic Acids in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium16826533050644.4%
China12716317321719.6%
Ireland10450.911415915.2%
Switzerland46.249.144.366.913.1%
Netherlands31.477.558.654.820.4%
Germany32.162.510449.615.6%
Spain18.513.319.323.78.6%
France9.214.313.317.523.9%
Others12316421586.3-11.1%
Total6598601,0711,18121.5%

Top Suppliers of Nucleic Acids to Italy in 2022:

  1. China (9.9K tons)
  2. Germany (1.1K tons)
  3. Spain (1.0K tons)
  4. Ireland (0.9K tons)
  5. Switzerland (0.8K tons)
  6. Netherlands (0.5K tons)
  7. France (0.5K tons)
  8. Belgium (0.5K tons)

Nucleic Acids Exports in Italy

In 2022, exports of nucleic acids and their salts from Italy dropped to 5.1K tons, with a decrease of -8.2% on the year before. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, the exports reached the peak of 5.5K tons, and then contracted in the following year.

In value terms, nucleic acids exports expanded slightly to $492M in 2022. The total export value increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Nucleic Acids in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany60.295.496.010520.4%
Switzerland16.542.971.989.875.9%
United States49.850.142.052.92.0%
France26.429.133.238.113.0%
Spain30.624.230.629.7-1.0%
Japan26.229.121.926.40.3%
Brazil10.914.119.020.623.6%
Austria4.76.013.010.731.6%
China6.67.47.810.316.0%
Turkey13.110.05.39.7-9.5%
Netherlands7.57.57.18.95.9%
South Korea5.87.27.37.06.5%
Taiwan (Chinese)8.18.86.45.4-12.6%
Others93.310011377.8-5.9%
Total36043247549211.0%

Top Export Markets for Nucleic Acids from Italy in 2022:

  1. France (916.7 tons)
  2. Germany (915.7 tons)
  3. Spain (613.9 tons)
  4. United States (278.9 tons)
  5. Switzerland (255.2 tons)
  6. Austria (199.6 tons)
  7. Netherlands (189.4 tons)
  8. Japan (181.8 tons)
  9. China (146.8 tons)
  10. Taiwan (Chinese) (146.4 tons)
  11. South Korea (107.5 tons)
  12. Turkey (103.9 tons)
  13. Brazil (103.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nucleic Acids - Italy