Nucleic Acids Price in Kuwait - 2021

Contents:

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

Nucleic Acids Price in Kuwait (CIF) - 2022

The average nucleic acids import price stood at $16,351 per ton in 2022, falling by -42.9% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 159%. The import price peaked at $90,543 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($177,603 per ton), while the price for Switzerland ($3,249 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 (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Kuwait (FOB) - 2022

In 2022, the average nucleic acids export price amounted to $289,000 per ton, surging by 96% against the previous year. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 700% against the previous year. As a result, the export price attained the peak level of $407,000 per ton. From 2020 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 Canada ($289,000 per ton), while the average price for exports to China ($16,000 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 Canada (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Nucleic Acids Imports in Kuwait

In 2022, supplies from abroad of nucleic acids and their salts was finally on the rise to reach 50 tons after two years of decline. Overall, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nucleic acids imports expanded modestly to $821K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% 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 -2.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 74%. As a result, imports attained the peak of $841K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Nucleic Acids to Kuwait in 2022:

1. Switzerland (10.1 tons)
2. Netherlands (9.6 tons)
3. Saudi Arabia (4.1 tons)
4. China (2.5 tons)
5. United Kingdom (1.4 tons)
6. United States (1.0 tons)
7. Germany (1.0 tons)
8. India (0.1 tons)

Nucleic Acids Exports in Kuwait

In 2022, overseas shipments of nucleic acids and their salts decreased by -50% to 3 kg, falling for the second year in a row after two years of growth. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 400%. As a result, the exports attained the peak of 10 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, nucleic acids exports contracted modestly to $867 in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 4.2%.

Top Export Markets for Nucleic Acids from Kuwait in 2022:

1. Canada (1.0 kg)
2. Germany (1.0 kg)
3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform