Cyprus - Nucleic Acids And Their Salts - Market Analysis, Forecast, Size, Trends and Insights

Cyprus: Nucleic Acids Market Overview 2019

Nucleic Acids Market Size in Cyprus

The revenue of the nucleic acids market in Cyprus amounted to $X in 2017, going down by -X% against the previous year. Overall, nucleic acids consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the market value increased by X% y-o-y. In that year, the nucleic acids market attained its peak level of $X. From 2014 to 2017, the growth of the nucleic acids market remained at a lower figure.

Nucleic Acids Production in Cyprus

In value terms, nucleic acids production totaled $X in 2017 estimated in export prices. Over the period under review, nucleic acids production continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2009, when the output figure increased by X% y-o-y. Over the period under review, nucleic acids production attained its maximum level at $X in 2012; however, from 2013 to 2017, production remained at a lower figure.

Nucleic Acids Exports

Exports from Cyprus

In 2017, the amount of nucleic acids and their salts exported from Cyprus totaled X tonnes, going up by X% against the previous year. Overall, nucleic acids exports continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2009, with an increase of X% y-o-y. Over the period under review, nucleic acids exports reached their maximum at X tonnes in 2012; however, from 2013 to 2017, exports remained at a lower figure.

In value terms, nucleic acids exports amounted to $X in 2017. Over the period under review, nucleic acids exports continue to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. Cyprus exports peaked at $X in 2012; however, from 2013 to 2017, exports stood at a somewhat lower figure.

Exports by Country

China was the main exporter of nucleic acids and their salts in the world, with the volume of exports finishing at X tonnes, which was near X% of total exports in 2017. Ireland (X tonnes) ranks second in terms of the total exports with a X% share, followed by Germany (X%), the U.S. (X%) and Belgium (X%). The following exporters - Slovakia (X tonnes), Spain (X tonnes), the UK (X tonnes), Japan (X tonnes), Switzerland (X tonnes), Indonesia (X tonnes) and Portugal (X tonnes) - each finished at a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Portugal (+X%), Spain (+X%), the U.S. (+X%), Indonesia (+X%), Slovakia (+X%), Switzerland (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Germany experienced a relatively flat trend pattern. By contrast, Japan (-X%), the UK (-X%) and Ireland (-X%) illustrated a downward trend over the same period. Ireland (X%) significantly strengthened its position in terms of the global exports, while Spain, Portugal, the U.S. and China saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ireland ($X), China ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports. These countries were followed by Switzerland, the U.S., Germany, the UK, Japan, Spain, Indonesia, Slovakia, Portugal and Cyprus, which together accounted for a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The nucleic acids export price in Cyprus stood at $X per kg in 2017, going up by X% against the previous year. Overall, the nucleic acids export price, however, continues to indicate an abrupt slump. The pace of growth appeared the most rapid in 2008, when the export price increased by X% year-to-year. In that year, the export prices for nucleic acids and their salts attained their peak level of $X per kg. From 2009 to 2017, the growth in terms of the export prices for nucleic acids and their salts remained at a somewhat lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Switzerland ($X per kg), while Portugal ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, while the other leaders experienced more modest paces of growth.

Nucleic Acids Imports

Imports into Cyprus

In 2017, approx. X tonnes of nucleic acids and their salts were imported into Cyprus; jumping by X% against the previous year. Overall, nucleic acids imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. Cyprus imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, nucleic acids imports totaled $X in 2017. Over the period under review, nucleic acids imports continue to indicate an outstanding growth. The growth pace was the most rapid in 2011, when imports increased by X% year-to-year. Cyprus imports peaked at $X in 2014; however, from 2015 to 2017, imports failed to regain their momentum.

Imports by Country

In 2017, the U.S. (X tonnes), followed by Germany (X tonnes), Ireland (X tonnes) and India (X tonnes) represented the major importers of nucleic acids and their salts, together constituting X% of total imports. Japan (X tonnes), Brazil (X tonnes), Thailand (X tonnes), Italy (X tonnes), South Korea (X tonnes), the UK (X tonnes), Romania (X tonnes) and Belgium (X tonnes) occupied a minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported nucleic acids and their salts into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., nucleic acids imports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2017, the nucleic acids import price in Cyprus amounted to $X per kg, dropping by -X% against the previous year. Overall, the nucleic acids import price continues to indicate a perceptible drop. The pace of growth appeared the most rapid in 2013, when the import price increased by X% y-o-y. In that year, the import prices for nucleic acids and their salts reached their peak level of $X per kg. From 2014 to 2017, the growth in terms of the import prices for nucleic acids and their salts remained at a somewhat lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per kg), while Romania ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform