Nucleic Acids Price in the Dominican Republic - 2023

Contents:

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

Nucleic Acids Price in the Dominican Republic (CIF) - 2022

The average nucleic acids import price stood at $22,376 per ton in 2022, rising by 124% against the previous year. Overall, the import price saw a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($278,967 per ton), while the price for China ($8,950 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in the Dominican Republic (FOB) - 2022

The average nucleic acids export price stood at $8,937 per ton in 2022, dropping by -14.1% against the previous year. In general, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 11% against the previous year. The export price peaked at $10,451 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2012 to 2022, the rate of growth in terms of prices for Barbados amounted to +5.0% per year.

Nucleic Acids Imports in the Dominican Republic

In 2022, overseas purchases of nucleic acids and their salts decreased by -10.5% to 79 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of 89 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nucleic acids imports soared to $1.8M in 2022. Overall, imports, however, posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nucleic Acids in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India62.383.6127953148.2%
China446539385350-7.8%
United States14922118224918.7%
Germany14.02.013.8151120.9%
JapanN/A27.755.3N/A99.6%
Others12677.712067.1-18.9%
Total7979518831,77030.5%

Top Suppliers of Nucleic Acids to the Dominican Republic in 2022:

  1. China (39.1 tons)
  2. United States (27.3 tons)
  3. Germany (8.5 tons)
  4. India (3.4 tons)

Nucleic Acids Exports in the Dominican Republic

After three years of growth, overseas shipments of nucleic acids and their salts decreased by -37.3% to 18 tons in 2022. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year.

In value terms, nucleic acids exports fell markedly to $157K in 2022. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 57%.

Export of Nucleic Acids in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti1301402451515.1%
SurinameN/A15.3N/AN/A0%
BarbadosN/A18.921.6N/A14.3%
OthersN/A31.325.55.8-57.0%
Total1302052921576.5%

Top Export Markets for Nucleic Acids from the Dominican Republic in 2022:

  1. Haiti (17.2 tons)

Source: IndexBox Market Intelligence Platform

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