Nucleic Acids Price in Portugal - 2023

Contents:

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

Nucleic Acids Price in Portugal (CIF) - 2022

The average nucleic acids import price stood at $61,711 per ton in 2022, rising by 24% against the previous year. In general, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 66%. Over the period under review, average import prices reached the peak figure at $62,509 per ton in 2020; however, from 2021 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 India ($163,272 per ton), while the price for Spain ($27,027 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Portugal (FOB) - 2022

The average nucleic acids export price stood at $493,005 per ton in 2022, increasing by 152% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 276%. Over the period under review, the average export prices attained the peak figure at $838,927 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,664,064 per ton), while the average price for exports to Italy ($3,294 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 (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Portugal

In 2022, approx. 3.5K tons of nucleic acids and their salts were imported into Portugal; jumping by 44% on 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 +66.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nucleic acids imports surged to $216M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nucleic Acids in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.517.712.168.957.9%
Spain10.916.633.048.964.9%
India2.63.92.410.860.7%
Others65.493.174.287.610.2%
Total96.313112221630.9%

Top Suppliers of Nucleic Acids to Portugal in 2022:

  1. Spain (1808.1 tons)
  2. China (1507.5 tons)
  3. India (66.1 tons)

Nucleic Acids Exports in Portugal

In 2022, overseas shipments of nucleic acids and their salts decreased by -58.4% to 126 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 135%. As a result, the exports attained the peak of 303 tons, and then shrank rapidly in the following year.

In value terms, nucleic acids exports amounted to $62M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 143%. As a result, the exports attained the peak of $81M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Nucleic Acids in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.515.019.633.031.5%
Switzerland14.524.426.421.614.2%
Ireland3.034.12.16.428.7%
Japan0.87.26.20.3-27.9%
Angola0.1N/A0.10.344.2%
Spain0.20.20.80.314.5%
Netherlands0.1N/AN/A0.10.0%
ItalyN/AN/AN/AN/A0%
Others0.30.34.20.1-30.7%
Total33.481.259.362.123.0%

Top Export Markets for Nucleic Acids from Portugal in 2022:

  1. Spain (67.7 tons)
  2. United States (19.8 tons)
  3. Angola (15.6 tons)
  4. Italy (9.1 tons)
  5. Netherlands (4.6 tons)
  6. Ireland (4.0 tons)
  7. Japan (1.7 tons)
  8. Switzerland (1.5 tons)

Source: IndexBox Market Intelligence Platform

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