Nucleic Acids Price in Bolivia - 2023

Nucleic Acids Price in Bolivia (CIF) - 2022

The average nucleic acids import price stood at $17,307 per ton in 2022, rising by 55% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nucleic acids import price decreased by -0.5% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 70% against the previous year. The import price peaked at $19,731 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 India ($197,974 per ton), while the price for Brazil ($4,852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Bolivia (FOB) - 2022

The average nucleic acids export price stood at $65,705 per ton in 2022, which is down by -79.8% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2021 when the average export price increased by 210% against the previous year. As a result, the export price attained the peak level of $325,381 per ton, and then fell significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2013 to 2022, the rate of growth in terms of prices for Free Zones amounted to +77.3% per year.

Nucleic Acids Imports in Bolivia

In 2022, approx. 70 tons of nucleic acids and their salts were imported into Bolivia; waning by -24.9% against 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 81%. As a result, imports reached the peak of 93 tons, and then shrank markedly in the following year.

In value terms, nucleic acids imports surged to $1.2M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Nucleic Acids in Bolivia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	316	559	322	502	16.7%
India	209	103	178	273	9.3%
Brazil	110	94.9	372	188	19.6%
Uruguay	38.4	96.7	132	141	54.3%
Others	43.6	45.2	40.2	110	36.1%
Total	716	899	1,044	1,215	19.3%

Top Suppliers of Nucleic Acids to Bolivia in 2022:

Brazil (38.8 tons)
China (23.6 tons)
Uruguay (5.6 tons)
India (1.4 tons)

Nucleic Acids Exports in Bolivia

In 2022, nucleic acids exports from Bolivia surged to 156 kg, rising by 148% on the previous year. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nucleic acids exports reduced markedly to $10K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 290%. As a result, the exports attained the peak of $20K, and then dropped dramatically in the following year.