Nucleic Acids Price in Jordan - 2022

Contents:

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

Nucleic Acids Price in Jordan (CIF) - 2022

The average nucleic acids import price stood at $35,678 per ton in 2022, surging by 20% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 51%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 South Korea ($133,805 per ton), while the price for Japan ($13,713 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Jordan (FOB) - 2022

In 2022, the average nucleic acids export price amounted to $9,687 per ton, with a decrease of -48% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 215%. As a result, the export price reached the peak level of $63,055 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($125,196 per ton), while the average price for exports to Egypt ($1,043 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 India (+17.0%), while the prices for the other major destinations experienced a decline.

Nucleic Acids Imports in Jordan

Nucleic acids imports into Jordan rose modestly to 315 tons in 2022, with an increase of 3.2% on 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 82%. As a result, imports attained the peak of 365 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nucleic acids imports surged to $11M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 101% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Nucleic Acids in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.75.44.27.339.3%
India0.30.51.51.571.0%
South Korea0.10.10.20.8100.0%
Japan0.50.61.00.66.3%
Sweden0.61.10.5N/A-8.7%
Taiwan (Chinese)0.20.40.4N/A41.4%
Others0.71.91.31.012.6%
Total5.010.09.111.230.8%

Top Suppliers of Nucleic Acids to Jordan in 2022:

  1. China (243.5 tons)
  2. Japan (45.9 tons)
  3. India (14.4 tons)
  4. South Korea (6.1 tons)
  5. Taiwan (Chinese) (0.2 tons)

Nucleic Acids Exports in Jordan

For the fourth year in a row, Jordan recorded growth in shipments abroad of nucleic acids and their salts, which increased by 84% to 21 tons in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 321%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, nucleic acids exports reduced slightly to $200K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 237% against the previous year.

Export of Nucleic Acids in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones30.011857.410652.3%
India16.232.611.742.838.2%
Tunisia6.922.110.819.942.3%
EgyptN/AN/A28.316.3-42.4%
Singapore1.112.36.011.1116.1%
IsraelN/AN/A44.4N/A0%
Saudi ArabiaN/AN/A4.9N/A0%
Others2.56.346.44.420.7%
Total56.619121020052.3%

Top Export Markets for Nucleic Acids from Jordan in 2022:

  1. Egypt (15.6 tons)
  2. Tunisia (2.2 tons)
  3. Singapore (1.2 tons)
  4. Free Zones (0.8 tons)
  5. India (0.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nucleic Acids - Jordan