Nucleic Acids Price in Serbia - 2023

Contents:

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

Nucleic Acids Price in Serbia (CIF) - 2022

The average nucleic acids import price stood at $15,619 per ton in 2022, surging by 24% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The growth pace was the most rapid in 2020 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $26,393 per ton in 2012; however, from 2013 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 China ($24,635 per ton), while the price for the United States ($4,853 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Serbia (FOB) - 2022

The average nucleic acids export price stood at $12,041 per ton in 2022, waning by -77% against the previous year. Over the period under review, the export price continues to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 391%. The export price peaked at $360,165 per ton in 2014; however, from 2015 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 Italy ($116,513 per ton), while the average price for exports to Germany ($3,023 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 Italy (+89.3%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Serbia

After three years of growth, overseas purchases of nucleic acids and their salts decreased by -5.9% to 1.2K tons in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 2.6%. As a result, imports reached the peak of 1.3K tons, and then contracted in the following year.

In value terms, nucleic acids imports surged to $18M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 46% against the previous year. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Nucleic Acids in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.99.77.69.022.5%
Slovakia0.30.90.82.088.2%
Belgium1.81.42.22.03.6%
Spain1.10.31.31.10.0%
Germany1.41.60.20.2-47.7%
United States0.30.80.20.2-12.6%
Others3.34.43.63.95.7%
Total13.119.115.818.412.0%

Top Suppliers of Nucleic Acids to Serbia in 2022:

  1. Belgium (367.2 tons)
  2. China (367.1 tons)
  3. Spain (204.2 tons)
  4. Slovakia (137.3 tons)
  5. Germany (43.0 tons)
  6. United States (37.1 tons)

Nucleic Acids Exports in Serbia

Nucleic acids exports from Serbia skyrocketed to 29 tons in 2022, growing by 130% against the year before. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nucleic acids exports dropped significantly to $349K in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 392%. As a result, the exports reached the peak of $659K, and then dropped significantly in the following year.

Export of Nucleic Acids in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A94.00%
RussiaN/AN/AN/A23.70%
Turkey22.919.810.622.5-0.6%
Bosnia and Herzegovina59.924.755.322.2-28.2%
GreeceN/A20.724.316.8-9.9%
SpainN/AN/A7.316.3123.3%
Czech RepublicN/AN/AN/A14.70%
AustriaN/AN/AN/A13.50%
Croatia2.73.64.45.224.4%
GermanyN/AN/A0.15.04900.0%
Bulgaria14.18.0N/AN/A-43.3%
Others17.157.355711588.8%
Total11713465934944.0%

Top Export Markets for Nucleic Acids from Serbia in 2022:

  1. Denmark (6.7 tons)
  2. Turkey (4.0 tons)
  3. Spain (3.5 tons)
  4. Czech Republic (3.4 tons)
  5. Austria (3.1 tons)
  6. Greece (3.0 tons)
  7. Germany (1.7 tons)
  8. Russia (1.4 tons)
  9. Croatia (1.0 tons)
  10. Bosnia and Herzegovina (0.7 tons)

Source: IndexBox Market Intelligence Platform

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