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India - Nucleic Acids And Their Salts - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Mar 24, 2023
Price of Nucleic Acids in India Fluctuates over 2022, Now at $35.9 per Kg
India Nucleic Acids Import Price in November 2022
In November 2022, the nucleic acids price amounted to $35.9 per kg (CIF, India), flattening at the previous month. Overall, the import price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in March 2022 an increase of 178% against the previous month. As a result, import price attained the peak level of $78.4 per kg. From April 2022 to November 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($28.5 per kg), while the price for Belgium ($2.4 per kg) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
India Nucleic Acids Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In November 2022, the product with the highest price was other heterocyclic compounds, n.e.s. in October 2934, 2934.2 and 2934.3 ($1,536 per kg), while the price for heterocyclic compounds; containing a benzothiazole ring-system (whether or not hydrogenated), not further fused ($5.2 per kg) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by other heterocyclic compounds, n.e.s. in October 2934, 2934.2 and 2934.3 (+15.5%), while the prices for the other products experienced more modest paces of growth.
India Nucleic Acids Imports
In November 2022, after three months of decline, there was growth in overseas purchases of nucleic acids and their salts, when their volume increased by 0.2% to 2.4K tons. In general, imports, however, saw a noticeable curtailment. The growth pace was the most rapid in April 2022 with an increase of 99% month-to-month. Over the period under review, imports reached the peak figure at 3.4K tons in January 2022; however, from February 2022 to November 2022, imports remained at a lower figure.
In value terms, nucleic acids imports dropped to $85M (IndexBox estimates) in November 2022. Over the period under review, imports, however, showed a noticeable setback. The most prominent rate of growth was recorded in October 2022 when imports increased by 64% against the previous month. Imports peaked at 120K tons in March 2022; however, from April 2022 to November 2022, imports stood at a somewhat lower figure.
India Nucleic Acids Imports by Type
In November 2022, nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934 (1.6K tons) constituted the largest type of nucleic acids supplied to India, accounting for a 69% share of total imports. Moreover, nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934 exceeded the figures recorded for the second-largest type, heterocyclic compounds; containing an unfused thiazole ring (whether or not hydrogenated) in the structure (502 tons), threefold. Heterocyclic compounds; containing a benzothiazole ring-system (whether or not hydrogenated), not further fused (239 tons) ranked third in terms of total imports with a 10% share.
From January 2022 to November 2022, the average monthly growth rate of the volume of import of nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934 stood at -3.2%. With regard to the other supplied products, the following average monthly rates of growth were recorded: heterocyclic compounds; containing an unfused thiazole ring (whether or not hydrogenated) in the structure (+1.1% per month) and heterocyclic compounds; containing a benzothiazole ring-system (whether or not hydrogenated), not further fused (-9.8% per month).
In value terms, nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934 ($79M) constituted the largest type of nucleic acids supplied to India, comprising 93% of total imports. The second position in the ranking was taken by heterocyclic compounds; containing an unfused thiazole ring (whether or not hydrogenated) in the structure ($5M), with a 5.8% share of total imports. It was followed by heterocyclic compounds; containing a benzothiazole ring-system (whether or not hydrogenated), not further fused, with a 1.5% share.
India Nucleic Acids Imports by Country
In November 2022, China (1.7K tons) constituted the largest supplier of nucleic acids to India, with a 73% share of total imports. Moreover, nucleic acids imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (442 tons), fourfold. The third position in this ranking was taken by Indonesia (90 tons), with a 3.8% share.
From January 2022 to November 2022, the average monthly rate of growth in terms of volume from China totaled -1.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Netherlands (-0.0% per month) and Indonesia (+14.6% per month).
In value terms, China ($49M) constituted the largest supplier of nucleic acids to India, comprising 58% of total imports. The second position in the ranking was held by the Netherlands ($4.1M), with a 4.8% share of total imports. It was followed by Indonesia, with a 1.2% share.
From January 2022 to November 2022, the average monthly rate of growth in terms of value from China totaled -2.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Netherlands (-0.9% per month) and Indonesia (+14.7% per month).
India's Nucleic Acid Industry Sees Slight Drop in Prices
India's nucleic acid industry faced significant fluctuations in 2022 with prices rising and falling unpredictably. However, the latest data shows that nucleic acid prices have dropped slightly. While the decline in price may seem small, it is a significant development for businesses operating in the sector.
The price drop can be attributed to various factors such as changes in demand, fluctuations in the global market, and potentially, increased competition. Despite the volatile year, the nucleic acid market remains robust and growth opportunities continue to abound.
This report provides an in-depth analysis of the nucleic acid market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 20145290 - Compounds containing in the structure an unfused pyridine ring or a quinoline or isoquinoline ring-system, not further fused, lactames, other heterocyclic compounds with nitrogen hetero-atom(s) only (excluding compounds containing in the structure an unfused pyrazole ring, an unfused imidazole ring, a pyrimidine ring, a piperazine ring or an unfused triazine ring) N ucleic acids and other heterocyclic compounds - thiazole, b enzothiazole, other cycles
Country coverage:
• India
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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