Nucleic Acids Price in Hong Kong SAR - 2023

Contents:

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

Nucleic Acids Price in Hong Kong SAR (CIF) - 2022

In 2022, the average nucleic acids import price amounted to $55,672 per ton, declining by -2.5% against the previous year. In general, the import price showed a deep slump. The growth pace was the most rapid in 2017 an increase of 186% against the previous year. The import price peaked at $329,189 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Singapore ($371,947 per ton), while the price for Japan ($13,890 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.

Nucleic Acids Price in Hong Kong SAR (FOB) - 2022

In 2022, the average nucleic acids export price amounted to $88,161 per ton, rising by 160% against the previous year. Over the period under review, the export price, however, showed a sharp reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 230%. Over the period under review, the average export prices hit record highs at $843,459 per ton in 2012; however, from 2013 to 2022, the 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 France ($358,459 per ton), while the average price for exports to Australia ($19,046 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 China (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Hong Kong SAR

In 2022, purchases abroad of nucleic acids and their salts decreased by -45.6% to 211 tons, falling for the second year in a row after two years of growth. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 52% against the previous year. As a result, imports attained the peak of 589 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nucleic acids imports reduced notably to $12M in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 62%. As a result, imports reached the peak of $23M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Nucleic Acids in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.317.115.57.7-6.1%
Austria1.51.00.71.3-4.7%
India0.70.60.90.98.7%
Germany0.20.80.20.535.7%
Japan0.61.30.80.3-20.6%
Taiwan (Chinese)0.30.20.40.2-12.6%
Belgium0.30.10.1N/A-42.3%
Others1.11.83.41.0-3.1%
Total14.122.922.111.7-6.0%

Top Suppliers of Nucleic Acids to Hong Kong SAR in 2022:

  1. Belgium (undefined tons)
  2. China (156.1 tons)
  3. Japan (22.8 tons)
  4. Austria (10.4 tons)
  5. Germany (10.1 tons)
  6. India (7.3 tons)
  7. Taiwan (Chinese) (0.1 tons)

Nucleic Acids Exports in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in overseas shipments of nucleic acids and their salts, when their volume decreased by -90.6% to 45 tons. Overall, exports recorded a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 227% against the previous year. As a result, the exports reached the peak of 475 tons, and then fell sharply in the following year.

In value terms, nucleic acids exports fell notably to $3.9M in 2022. In general, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 111%. As a result, the exports reached the peak of $16M, and then declined markedly in the following year.

Export of Nucleic Acids in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.22.813.00.7-16.4%
Taiwan (Chinese)N/A0.10.10.5123.6%
India2.62.50.90.5-42.3%
FranceN/A0.20.30.558.1%
United States0.20.90.70.535.7%
AustraliaN/AN/A0.10.10.0%
ThailandN/AN/AN/A0.10%
Others0.31.11.01.258.7%
Total4.47.616.13.9-3.9%

Top Export Markets for Nucleic Acids from Hong Kong SAR in 2022:

  1. China (22.1 tons)
  2. Taiwan (Chinese) (5.5 tons)
  3. India (4.6 tons)
  4. Australia (3.0 tons)
  5. United States (2.7 tons)
  6. France (1.5 tons)
  7. Thailand (1.1 tons)

Source: IndexBox Market Intelligence Platform

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