Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China - 2023

Contents:

  1. Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China (FOB) - 2023
  2. Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China (CIF) - 2022
  3. Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China
  4. Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China

Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China (FOB) - 2023

In December 2023, the average export price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $7,694 per ton, growing by 13% against the previous month. Overall, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 15% m-o-m. As a result, the export price attained the peak level of $11,593 per ton. From February 2023 to December 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($11,366 per ton), while the average price for exports to Malaysia ($1,471 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China (CIF) - 2022

In 2022, the average import price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $15,352 per ton, increasing by 21% against the previous year. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 58%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($57,604 per ton), while the price for the Netherlands ($1,266 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China

For the fourth consecutive year, China recorded growth in overseas shipments of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses, which increased by 15% to 1.7M tons in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses skyrocketed to $18B in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,4201,5461,7952,07713.5%
Brazil6216411,1471,90245.2%
Belgium2252742841,833101.2%
United States1,0471,0751,4081,78919.6%
Germany3223304341,42164.0%
South Korea37338553063319.3%
Russia20129937354139.1%
Spain16420924143638.5%
Turkey10220027222630.4%
Vietnam1811512031972.9%
Taiwan (Chinese)12913318718813.4%
Indonesia10310216216517.0%
Thailand11010416514810.4%
Others3,5393,9625,2396,43422.0%
Total8,5379,41012,44117,98928.2%

Top Export Markets for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts from China in 2022:

  1. Brazil (193.3K tons)
  2. India (192.9K tons)
  3. Germany (159.1K tons)
  4. Belgium (131.0K tons)
  5. United States (126.1K tons)
  6. South Korea (76.0K tons)
  7. Spain (55.6K tons)
  8. Russia (55.2K tons)
  9. Turkey (51.7K tons)
  10. Indonesia (48.0K tons)
  11. Vietnam (47.4K tons)
  12. Thailand (47.4K tons)
  13. Taiwan (Chinese) (41.1K tons)

Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China

In 2022, supplies from abroad of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses decreased by -4.7% to 211K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 9.4% against the previous year. As a result, imports reached the peak of 310K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses surged to $3.2B in 2022. In general, imports recorded a relatively flat trend pattern.

Import of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland1,045849749961-2.8%
United States4684363305092.8%
India19319527131517.7%
Finland12317019922321.9%
Japan1221191931619.7%
Russia156136104126-6.9%
Indonesia36.850.271.812449.9%
Germany90.289.393.91127.5%
South Korea110127112108-0.6%
Belgium10110593.973.0-10.3%
Israel40.945.538.055.911.0%
Thailand16.423.732.519.86.5%
Netherlands13.38.39.84.7-29.3%
Others734667509443-15.5%
Total3,2503,0222,8073,236-0.1%

Top Suppliers of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts to China in 2022:

  1. Russia (79.4K tons)
  2. Belgium (17.6K tons)
  3. Indonesia (17.5K tons)
  4. Ireland (16.7K tons)
  5. United States (14.0K tons)
  6. South Korea (10.9K tons)
  7. Germany (9.7K tons)
  8. India (9.4K tons)
  9. Japan (7.9K tons)
  10. Israel (7.1K tons)
  11. Finland (3.9K tons)
  12. Netherlands (3.7K tons)
  13. Thailand (2.6K tons)

Source: IndexBox Market Intelligence Platform

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