Nucleic Acids Price in Finland - 2023

Contents:

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

Nucleic Acids Price in Finland (FOB) - 2022

In 2022, the average nucleic acids export price amounted to $60,602 per ton, waning by -11.5% against the previous year. Over the period under review, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2020 an increase of 34%. The export price peaked at $108,599 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($244,905 per ton), while the average price for exports to Russia ($4,529 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 United States (+11.6%), while the prices for the other major destinations experienced a decline.

Nucleic Acids Price in Finland (CIF) - 2022

The average nucleic acids import price stood at $20,108 per ton in 2022, with a decrease of -60.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 95%. The import price peaked at $56,908 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 ($603,134 per ton), while the price for Italy ($5,773 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 (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Exports in Finland

In 2022, exports of nucleic acids and their salts from Finland surged to 1.5K tons, with an increase of 35% against 2021. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 74%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, nucleic acids exports soared to $89M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Nucleic Acids in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.912.435.849.327.3%
France18.712.220.924.59.4%
United States9.515.40.410.32.7%
Belgium0.91.20.72.234.7%
Russia1.20.40.21.0-5.9%
NetherlandsN/AN/A3.4N/A0%
Others2.08.913.62.00.0%
Total56.150.575.089.416.8%

Top Export Markets for Nucleic Acids from Finland in 2022:

  1. Netherlands (undefined tons)
  2. Germany (844.8 tons)
  3. France (335.2 tons)
  4. Russia (215.4 tons)
  5. United States (42.3 tons)
  6. Belgium (31.6 tons)

Nucleic Acids Imports in Finland

In 2022, approx. 726 tons of nucleic acids and their salts were imported into Finland; jumping by 122% against the previous year's figure. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nucleic acids imports shrank to $15M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 decreased by -31.4% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 90%. As a result, imports reached the peak of $21M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Nucleic Acids in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.10.81.13.749.8%
Germany2.27.13.42.54.4%
France1.02.11.31.719.3%
Belgium0.30.20.51.154.2%
Spain0.50.50.90.711.9%
ItalyN/A0.10.10.373.2%
Others6.210.69.34.6-9.5%
Total11.221.316.614.69.2%

Top Suppliers of Nucleic Acids to Finland in 2022:

  1. China (349.6 tons)
  2. Germany (192.7 tons)
  3. Belgium (50.1 tons)
  4. Spain (49.1 tons)
  5. Italy (47.7 tons)
  6. France (16.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nucleic Acids - Finland