Denmark: Nucleic Acid Market 2024

Nucleic Acid Market Size in Denmark

The Danish nucleic acid market soared to $X in 2022, growing by X% against the previous year. In general, consumption, however, enjoyed strong growth. Nucleic acid consumption peaked in 2022 and is expected to retain growth in years to come.

Nucleic Acid Production in Denmark

In value terms, nucleic acid production soared to $X in 2022 estimated in export price. In general, production, however, saw a buoyant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Nucleic Acid Exports

Exports from Denmark

In 2022, approx. X tons of nucleic acids and their salts were exported from Denmark; dropping by X% compared with 2021 figures. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, nucleic acid exports soared to $X in 2022. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons), the United States (X tons) and the UK (X tons) were the main destinations of nucleic acid exports from Denmark, with a combined X% share of total exports. The United Arab Emirates, Germany, Norway, Sweden, Ireland and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for nucleic acids and their salts exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Finland (X% per year).

Export Prices by Country

The average nucleic acid export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X 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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acid Imports

Imports into Denmark

Nucleic acid imports into Denmark declined dramatically to X tons in 2022, falling by X% compared with the year before. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, nucleic acid imports rose remarkably to $X in 2022. Over the period under review, imports showed a slight decline. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest nucleic acid supplier to Denmark, accounting for a X% share of total imports. Moreover, nucleic acid imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and China (X% per year).

In value terms, Germany ($X), Japan ($X) and the Netherlands ($X) were the largest nucleic acid suppliers to Denmark, together accounting for X% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average nucleic acid import price amounted to $X per ton, rising by X% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nucleic acid import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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