Nucleic Acids Price in Egypt - 2023

Contents:

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

Nucleic Acids Price in Egypt (CIF) - 2022

In 2022, the average nucleic acids import price amounted to $66,143 per ton, waning by -14.4% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.4% 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 increased by +35.3% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 66% against the previous year. Over the period under review, average import prices reached the maximum at $77,244 per ton in 2021, and then declined in the following year.

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 Germany ($671,667 per ton), while the price for China ($40,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Egypt (FOB) - 2022

The average nucleic acids export price stood at $167,681 per ton in 2022, growing by 153% against the previous year. In general, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 389% against the previous year. As a result, the export price attained the peak level of $562,684 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($2,832,346 per ton), while the average price for exports to India ($29,488 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 Singapore (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Egypt

In 2022, the amount of nucleic acids and their salts imported into Egypt skyrocketed to 1.1K tons, jumping by 61% against the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nucleic acids imports soared to $69M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nucleic Acids in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India32.317.713.728.3-4.3%
China12.29.87.924.325.8%
Japan1.23.85.25.869.1%
Indonesia1.61.01.02.414.5%
Ireland0.51.11.01.956.0%
Spain0.70.70.21.219.7%
Switzerland2.02.22.40.4-41.5%
Mexico4.64.45.8N/A12.3%
Others9.68.913.35.1-19.0%
Total64.749.650.469.52.4%

Top Suppliers of Nucleic Acids to Egypt in 2022:

  1. China (604.7 tons)
  2. India (270.5 tons)
  3. Japan (62.8 tons)
  4. Indonesia (36.9 tons)
  5. Ireland (17.1 tons)
  6. Spain (16.3 tons)
  7. Switzerland (0.6 tons)

Nucleic Acids Exports in Egypt

In 2022, shipments abroad of nucleic acids and their salts increased by 19% to 1.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous setback.

In value terms, nucleic acids exports surged to $195K in 2022. In general, exports, however, recorded a deep reduction.

Export of Nucleic Acids in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A1470%
India86.3260N/A26.4-32.6%
Belgium7.84.70.811.313.2%
South Korea2.33.13.96.843.5%
TurkeyN/AN/A0.10.8700.0%
HungaryN/AN/A52.8N/A0%
Algeria152N/AN/AN/A0%
Others0.83.27.42.546.2%
Total24927165.0195-7.8%

Top Export Markets for Nucleic Acids from Egypt in 2022:

  1. India (895.0 kg)
  2. Belgium (95.0 kg)
  3. South Korea (84.0 kg)
  4. Argentina (52.0 kg)
  5. Turkey (22.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nucleic Acids - Egypt