Nucleic Acids Price in Hungary - 2023
Contents:
- Nucleic Acids Price in Hungary (CIF) - 2022
- Nucleic Acids Price in Hungary (FOB) - 2022
- Nucleic Acids Imports in Hungary
- Nucleic Acids Exports in Hungary
Nucleic Acids Price in Hungary (CIF) - 2022
The average nucleic acids import price stood at $30,260 per ton in 2022, increasing by 39% against the previous year. In general, the import price continues to indicate a temperate expansion. The growth pace was the most rapid in 2018 when the average import price increased by 73% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 ($120,171 per ton), while the price for Germany ($6,845 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Nucleic Acids Price in Hungary (FOB) - 2022
The average nucleic acids export price stood at $19,062 per ton in 2022, with a decrease of -28.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 32%. Over the period under review, the average export prices reached the maximum at $31,940 per ton in 2012; however, from 2013 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 France ($46,396 per ton), while the average price for exports to China ($5,395 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 Netherlands (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Nucleic Acids Imports in Hungary
In 2022, approx. 5.4K tons of nucleic acids and their salts were imported into Hungary; rising by 5.6% on the year before. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, imports attained the peak of 5.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nucleic acids imports surged to $163M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.4% 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 +83.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 49%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Nucleic Acids in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 44.2 | 65.8 | 40.2 | 60.1 | 10.8% |
| India | 10.0 | 12.9 | 7.1 | 27.9 | 40.8% |
| Belgium | 8.0 | 12.5 | 11.6 | 16.5 | 27.3% |
| Netherlands | 1.9 | 3.5 | 7.7 | 11.5 | 82.2% |
| China | 7.5 | 10.4 | 14.0 | 11.3 | 14.6% |
| Switzerland | 1.0 | 4.1 | 8.4 | 9.5 | 111.8% |
| Germany | 2.1 | 2.7 | 3.9 | 5.0 | 33.5% |
| Slovakia | 0.6 | 0.4 | 1.9 | 0.9 | 14.5% |
| Others | 13.5 | 19.9 | 16.2 | 20.6 | 15.1% |
| Total | 89.0 | 132 | 111 | 163 | 22.3% |
Top Suppliers of Nucleic Acids to Hungary in 2022:
- United Kingdom (1562.1 tons)
- Germany (731.7 tons)
- Belgium (708.4 tons)
- China (656.6 tons)
- Netherlands (544.6 tons)
- Switzerland (419.9 tons)
- India (232.4 tons)
- Slovakia (170.6 tons)
Nucleic Acids Exports in Hungary
Nucleic acids exports from Hungary soared to 2.8K tons in 2022, rising by 29% on 2021 figures. The total export volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nucleic acids exports contracted to $53M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 24%.
| Export of Nucleic Acids in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.5 | 5.4 | 6.5 | 12.2 | 51.6% |
| Brazil | N/A | 1.1 | 3.5 | 8.1 | 171.4% |
| Netherlands | 3.0 | 2.9 | 3.8 | 4.6 | 15.3% |
| Germany | 21.5 | 22.9 | 15.5 | 4.5 | -40.6% |
| China | 2.2 | 2.4 | 2.6 | 3.9 | 21.0% |
| France | 8.7 | 7.4 | 6.1 | 3.6 | -25.5% |
| Poland | 0.6 | 0.7 | 1.2 | 1.3 | 29.4% |
| Estonia | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Others | 6.9 | 14.8 | 18.7 | 14.6 | 28.4% |
| Total | 46.7 | 57.8 | 58.0 | 53.3 | 4.5% |
Top Export Markets for Nucleic Acids from Hungary in 2022:
- Netherlands (782.9 tons)
- China (723.8 tons)
- Japan (382.5 tons)
- Brazil (344.2 tons)
- Poland (165.1 tons)
- France (77.6 tons)
- Estonia (63.0 tons)
- Germany (50.4 tons)
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This report provides an in-depth analysis of the nucleic acid market in Hungary.
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This report provides an in-depth analysis of the nucleic acid market in Hungary.
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