Which Country Exports the Most Nucleic Acids and Their Salts in the World?

Basic Chemicals May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the amount of nucleic acid exported worldwide totaled 326K tonnes, descending by -5.5% against the previous year level. Overall, nucleic acid exports continue to indicate a slight descent. The pace of growth appeared the most rapid in 2010, when export increased by 14% year-to-year. Global nucleic acid export peaked of 367K tonnes in 2007; however, from 2008 to 2016, it failed to regain its strength.

In value terms, nucleic acid exports totaled $17B in 2016. In general, nucleic acid exports continue to indicate a temperate drop. In that year, global nucleic acid exports attained its maximum level of $25B. From 2009 to 2016, growth of global nucleic acid exports failed to regain its strength.

Top Nucleic Acid Exporting Countries in the World

1. China (2,191.0 million USD)

2. Belgium (1,804.2 million USD)

3. United Kingdom (1,016.3 million USD)

4. Germany (877.8 million USD)

5. Japan (723.1 million USD)

6. India (454.1 million USD)

7. Netherlands (258.3 million USD)

8. Spain (184.0 million USD)

9. Indonesia (94.2 million USD)

10. Slovakia (30.4 million USD)

Nucleic Acid Exports By Country

China (159K tonnes) represented the largest exporter of nucleic acid in the world, reaching 159K tonnes, which was approx. 49% of total exports in 2016. It was distantly followed by Germany (38K tonnes), Belgium (38K tonnes), and Spain (16K tonnes), together making up 28% share of total nucleic acid exports. The following exporters - Japan (12K tonnes), Indonesia (11K tonnes), the UK (9K tonnes), the Netherlands (8.9K tonnes), Slovakia (8K tonnes), and India (5.6K tonnes) together made up 17% of total exports.

From 2007 to 2016, average annual rates of growth with regard to nucleic acid exports from China stood at +9.5%. At the same time, Spain (+20.5%), India (+17.3%), Indonesia (+7.0%), the Netherlands (+5.3%), Belgium (+2.2%), and Japan (+1.7%) displayed positive paces of growth. Moreover, Spain emerged as the fastest growing importer/exporter in the world, with a CAGR of +20.5% from 2007-2016. By contrast, Slovakia (-1.6%), the UK (-2.1%), and Germany (-15.1%) illustrated a downward trend over the same period. From 2007 to 2016, the share of Germany increased by 39% percentage points, while Belgium (-2.0%), Spain (-4.0%), and China (-27.2%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest nucleic acid markets worldwide were China ($2.2B), Belgium ($1.8B) and the UK ($1B), together comprising 30% of global exports. These countries were followed by Germany, Japan, India, the Netherlands, Spain, Indonesia and Slovakia, which together accounted for a further 16%.

India (+25.4% per year) had the highest growth rate of nucleic acid exports, among the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Nucleic Acid Export Prices By Country

In 2016, the average export price for nucleic acid amounted to $52 per kg, growing by 4% against the previous year. In general, nucleic acid export price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2008, when it surged by 38% against the previous year level. In that year, average nucleic acid export price reached its maximum level of $78 per kg. From 2009 to 2016, growth of average nucleic acid export price stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was the UK ($113 per kg), while Slovakia ($3,784 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of nucleic acid export prices was attained by Belgium (+8.6% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global nucleic acid market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • nucleic acid market share
  • nucleic acid prices
  • nucleic acid industry
  • nucleic acid sales
  • nucleic acid import
  • nucleic acid export
  • nucleic acid market forecast
  • nucleic acid price forecast
  • key nucleic acid producers

All data provided in this article covers the following product: HS Code 2934 - Nucleic acids and their salts, whether or not chemically defined; other heterocyclic compounds.

Source: World: Nucleic Acids And Their Salts - Market Report. Analysis and Forecast to 2025