Nucleic Acids Price in Azerbaijan - 2023

Contents:

  1. Nucleic Acids Price in Azerbaijan (CIF) - 2022
  2. Nucleic Acids Imports in Azerbaijan

Nucleic Acids Price in Azerbaijan (CIF) - 2022

The average nucleic acids import price stood at $5,529 per ton in 2022, picking up by 19% against the previous year. Over the period under review, the import price enjoyed modest growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 301%. As a result, import price attained the peak level of $18,450 per ton. From 2019 to 2022, the average import prices remained at a 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 the United States ($39,207 per ton), while the price for Germany ($3,978 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Imports in Azerbaijan

In 2022, supplies from abroad of nucleic acids and their salts decreased by -10.4% to 32 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of 35 tons, and then contracted in the following year.

In value terms, nucleic acids imports rose significantly to $176K in 2022. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.

Import of Nucleic Acids in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany57.531.358.412027.8%
United States3.90.80.339.9117.1%
China1233.06.32.7-72.0%
Netherlands15.716.520.9N/A15.4%
Others78.353.779.412.9-45.2%
Total279105165176-14.2%

Top Suppliers of Nucleic Acids to Azerbaijan in 2022:

  1. Germany (30.3 tons)
  2. United States (1.0 tons)
  3. China (0.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nucleic Acids - Azerbaijan