Nucleic Acids Price in Australia - 2023

Contents:

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

Nucleic Acids Price in Australia (CIF) - 2022

The average nucleic acids import price stood at $50,198 per ton in 2022, jumping by 16% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs at $277,591 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($1,108,000 per ton), while the price for Belgium ($2,789 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+36.9%), while the prices for the other major suppliers experienced a decline.

Nucleic Acids Price in Australia (FOB) - 2022

The average nucleic acids export price stood at $63,312 per ton in 2022, picking up by 106% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 408%. As a result, the export price attained the peak level of $251,071 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,305,231 per ton), while the average price for exports to New Zealand ($8,251 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 the UK (+48.8%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Australia

For the fourth year in a row, Australia recorded growth in supplies from abroad of nucleic acids and their salts, which increased by 8.4% to 3K tons in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 64% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, nucleic acids imports surged to $148M in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 63% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Nucleic Acids in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.441.761.964.638.3%
India6.45.418.751.8100.8%
United States5.716.719.416.341.9%
Japan6.59.43.96.81.5%
Germany5.99.69.24.9-6.0%
Belgium0.20.20.70.535.7%
Others4.33.84.23.4-7.5%
Total53.486.911814840.5%

Top Suppliers of Nucleic Acids to Australia in 2022:

  1. China (1760.9 tons)
  2. India (673.6 tons)
  3. Belgium (170.6 tons)
  4. Germany (107.5 tons)
  5. Japan (88.3 tons)
  6. United States (59.9 tons)

Nucleic Acids Exports in Australia

In 2022, exports of nucleic acids and their salts from Australia contracted dramatically to 23 tons, with a decrease of -47.9% compared with 2021. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 659%. As a result, the exports reached the peak of 44 tons, and then fell notably in the following year.

In value terms, nucleic acids exports expanded notably to $1.5M in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 402% against the previous year. As a result, the exports attained the peak of $1.5M; afterwards, it flattened through to 2022.

Export of Nucleic Acids in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States57.21,210357577116.1%
United Kingdom13.6N/A0.3273171.8%
Hong Kong SARN/AN/A10916450.5%
GreeceN/AN/AN/A1400%
New Zealand13018920076.2-16.3%
GermanyN/A34.42.644.513.7%
ChinaN/A3.30.116.5123.6%
Fiji10.5N/A4.91.0-54.3%
LatviaN/AN/A663N/A0%
Others79.023.020.816227.0%
Total2911,4591,3581,45471.0%

Top Export Markets for Nucleic Acids from Australia in 2022:

  1. New Zealand (9.2 tons)
  2. Greece (9.1 tons)
  3. Hong Kong SAR (1.3 tons)
  4. United Kingdom (1.2 tons)
  5. Germany (0.6 tons)
  6. China (0.6 tons)
  7. United States (0.4 tons)
  8. Fiji (0.2 tons)

Source: IndexBox Market Intelligence Platform

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