Nucleic Acids Price in Malaysia - 2021

Contents:

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

Nucleic Acids Price in Malaysia (CIF) - 2022

The average nucleic acids import price stood at $8,115 per ton in 2022, reducing by -11.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2015 an increase of 29%. The import price peaked at $9,999 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Japan ($35,594 per ton), while the price for France ($3,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Malaysia (FOB) - 2022

The average nucleic acids export price stood at $24,601 per ton in 2022, picking up by 3.1% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nucleic acids export price decreased by -31.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the peak figure at $35,768 per ton in 2019; however, from 2020 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 Indonesia ($259,407 per ton), while the average price for exports to Myanmar ($773 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 Thailand (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports in Malaysia

In 2022, the amount of nucleic acids and their salts imported into Malaysia skyrocketed to 2.9K tons, rising by 36% against 2021. Overall, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% 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 -16.9% against 2020 indices.

In value terms, nucleic acids imports surged to $24M in 2022. In general, imports, however, showed a relatively flat trend pattern.

Import of Nucleic Acids in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.310.46.18.1-0.8%
Indonesia2.35.24.75.029.5%
India0.92.81.21.826.0%
Singapore1.20.60.71.32.7%
Thailand0.31.31.11.258.7%
France0.50.90.70.817.0%
Germany0.41.00.90.826.0%
Switzerland0.20.30.50.644.2%
Belgium0.30.90.20.30.0%
Others10.04.13.53.8-27.6%
Total24.327.719.723.7-0.8%

Top Suppliers of Nucleic Acids to Malaysia in 2022:

  1. China (1170.7 tons)
  2. Indonesia (526.9 tons)
  3. Singapore (267.2 tons)
  4. France (238.9 tons)
  5. India (200.7 tons)
  6. Thailand (152.0 tons)
  7. Switzerland (91.6 tons)
  8. Belgium (58.7 tons)
  9. Germany (51.9 tons)

Nucleic Acids Exports in Malaysia

In 2022, the amount of nucleic acids and their salts exported from Malaysia reduced to 131 tons, declining by -11.1% compared with 2021. In general, exports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports attained the peak of 148 tons, and then contracted in the following year.

In value terms, nucleic acids exports fell to $3.2M in 2022. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.

Export of Nucleic Acids in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1,8401,4411,1281,256-12.0%
Indonesia2,1285771,3901,173-18.0%
China563452444400-10.8%
Thailand218157192185-5.3%
India13894.533.079.3-16.9%
Turkey95.665.361.654.3-17.2%
Vietnam4.411.641.825.178.7%
MyanmarN/A0.1N/A6.7718.5%
Sri Lanka31.412.914.02.9-54.8%
Others17212722450.8-33.4%
Total5,1902,9383,5293,233-14.6%

Top Export Markets for Nucleic Acids from Malaysia in 2022:

  1. Singapore (64.7 tons)
  2. Turkey (25.2 tons)
  3. Vietnam (9.3 tons)
  4. Myanmar (8.7 tons)
  5. Thailand (6.0 tons)
  6. India (5.4 tons)
  7. Indonesia (4.5 tons)
  8. Sri Lanka (1.8 tons)
  9. China (1.1 tons)

Source: IndexBox Market Intelligence Platform

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