Nucleic Acids Price in Argentina - 2023

Contents:

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

Nucleic Acids Price in Argentina (CIF) - 2022

In 2022, the average nucleic acids import price amounted to $49,834 per ton, jumping by 25% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 53%. Over the period under review, average import prices hit record highs at $63,776 per ton in 2016; however, from 2017 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 India ($113,157 per ton), while the price for Belgium ($6,455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Argentina (FOB) - 2022

The average nucleic acids export price stood at $184,312 per ton in 2022, falling by -36.2% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 86%. The export price peaked at $288,739 per ton in 2021, and then declined significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,211,802 per ton), while the average price for exports to Guatemala ($8,926 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 Spain (+3.9%), while the prices for the other major destinations experienced a decline.

Nucleic Acids Imports in Argentina

Nucleic acids imports into Argentina rose markedly to 3.9K tons in 2022, with an increase of 11% compared with 2021. The total import volume increased at an average annual rate of +12.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, nucleic acids imports soared to $195M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +60.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Nucleic Acids to Argentina in 2022:

1. China (2036.1 tons)
2. India (608.5 tons)
3. Switzerland (274.7 tons)
4. Belgium (258.9 tons)
5. Germany (175.7 tons)
6. Finland (159.9 tons)
7. Japan (114.3 tons)
8. United States (112.8 tons)
9. Spain (31.8 tons)

Nucleic Acids Exports in Argentina

After three years of growth, shipments abroad of nucleic acids and their salts decreased by -6.9% to 20 tons in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 102%. As a result, the exports reached the peak of 22 tons, and then fell in the following year.

In value terms, nucleic acids exports contracted remarkably to $3.8M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 218%. As a result, the exports reached the peak of $6.4M, and then shrank remarkably in the following year.

Top Export Markets for Nucleic Acids from Argentina in 2022:

1. Chile (undefined tons)
2. Uruguay (7.2 tons)
3. South Africa (5.3 tons)
4. Mexico (2.6 tons)
5. Germany (1.9 tons)
6. Spain (1.2 tons)
7. Guatemala (1.1 tons)
8. Brazil (0.4 tons)

Source: IndexBox Market Intelligence Platform