Nucleic Acids Price in Morocco - 2022

Contents:

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

Nucleic Acids Price in Morocco (CIF) - 2022

The average nucleic acids import price stood at $46,941 per ton in 2022, shrinking by -32.3% against the previous year. Over the period under review, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 348% against the previous year. Over the period under review, average import prices hit record highs at $69,352 per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($457,041 per ton), while the price for Germany ($6,132 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acids Price in Morocco (FOB) - 2022

The average nucleic acids export price stood at $38,705 per ton in 2022, with a decrease of -2.6% against the previous year. Overall, the export price, however, recorded slight growth. The most prominent rate of growth was recorded in 2017 an increase of 494% against the previous year. Over the period under review, the average export prices reached the peak figure at $86,139 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($25,500 per ton), while the average price for exports to the United States stood at $6,533 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+1.3%), while the prices for the other major destinations experienced a decline.

Nucleic Acids Imports in Morocco

In 2022, purchases abroad of nucleic acids and their salts was finally on the rise to reach 241 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp setback.

In value terms, nucleic acids imports skyrocketed to $11M in 2022. In general, imports, however, recorded a slight downturn.

Import of Nucleic Acids in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,5831,2709093,35628.5%
China1,0921,2961,0501,95721.5%
Italy1,1817307651,77314.5%
India2,0508311,0861,600-7.9%
Spain7966112829365.5%
Belgium10310992.337553.8%
Germany73.133416535068.5%
Indonesia21.934.763.113181.5%
South Korea457379466N/A1.0%
Mexico137296300N/A48.0%
Others4,2784,4293,106852-41.6%
Total11,77210,3208,28311,330-1.3%

Top Suppliers of Nucleic Acids to Morocco in 2022:

  1. Germany (57.0 tons)
  2. China (36.3 tons)
  3. Belgium (30.8 tons)
  4. Italy (10.2 tons)
  5. Indonesia (8.9 tons)
  6. France (8.3 tons)
  7. Spain (4.1 tons)
  8. India (3.5 tons)

Nucleic Acids Exports in Morocco

In 2022, nucleic acids exports from Morocco expanded notably to 258 kg, surging by 11% on the previous year's figure. Overall, exports, however, showed a perceptible shrinkage.

In value terms, nucleic acids exports rose significantly to $10K in 2022. In general, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 100%. As a result, the exports attained the peak of $23K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Nucleic Acids in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.20.18.90.20.0%
BelgiumN/A4.6N/A0.1-85.3%
France0.18.2N/AN/A8100.0%
Others11.410.50.39.7-5.2%
Total11.723.49.310.0-5.1%

Top Export Markets for Nucleic Acids from Morocco in 2022:

  1. United States (30.0 kg)
  2. Belgium (2.0 kg)

Source: IndexBox Market Intelligence Platform

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