Nucleic Acids Price in Bulgaria - 2023

Contents:

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

Nucleic Acids Price in Bulgaria (CIF) - 2022

The average nucleic acids import price stood at $14,859 per ton in 2022, with a decrease of -21.8% against the previous year. Over the period under review, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of 57%. The import price peaked at $28,564 per ton in 2020; however, from 2021 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 ($247,715 per ton), while the price for Spain ($2,154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Bulgaria (FOB) - 2022

In 2022, the average nucleic acids export price amounted to $8,516 per ton, shrinking by -9.7% against the previous year. Over the period under review, the export price, however, continues to indicate a measured expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 1,314% against the previous year. As a result, the export price reached the peak level of $75,747 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($14,003 per ton), while the average price for exports to North Macedonia ($4,445 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 Romania (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in supplies from abroad of nucleic acids and their salts, which increased by 17% to 290 tons in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.4% 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 +66.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, nucleic acids imports contracted to $4.3M in 2022. Over the period under review, imports saw strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 99% against the previous year. As a result, imports attained the peak of $6.6M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Nucleic Acids to Bulgaria in 2022:

1. China (113.1 tons)
2. Germany (70.7 tons)
3. Spain (39.1 tons)
4. Belgium (33.8 tons)
5. France (12.0 tons)
6. United States (8.5 tons)
7. India (5.1 tons)

Nucleic Acids Exports in Bulgaria

In 2022, the amount of nucleic acids and their salts exported from Bulgaria expanded rapidly to 27 tons, increasing by 11% against the previous year. In general, exports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 69%.

In value terms, nucleic acids exports totaled $232K in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Nucleic Acids from Bulgaria in 2022:

1. Serbia (13.5 tons)
2. Greece (6.4 tons)
3. Romania (6.3 tons)
4. North Macedonia (0.6 tons)

Source: IndexBox Market Intelligence Platform