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Hungary - Nucleic Acids And Their Salts - Market Analysis, Forecast, Size, Trends and Insights
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Hungary: Nucleic Acids Market Overview 2021

Nucleic Acids Market Size in Hungary

In 2020, the Hungarian nucleic acids market was finally on the rise to reach $X after two years of decline. In general, consumption enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Nucleic acids consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Nucleic Acids Production in Hungary

In value terms, nucleic acids production expanded slightly to $X in 2020 estimated in export prices. Over the period under review, production saw a moderate increase. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Nucleic Acids Exports

Exports from Hungary

In 2020, shipments abroad of nucleic acids and their salts increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, exports recorded a strong expansion. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, nucleic acids exports amounted to $X in 2020. Overall, exports saw a temperate expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2020 and are likely to see gradual growth in years to come.

Exports by Country

China (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main destinations of nucleic acids exports from Hungary, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for nucleic acids exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2020, the average nucleic acids export price amounted to $X per tonne, approximately reflecting the previous year. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced a decline.

Nucleic Acids Imports

Imports into Hungary

Nucleic acids imports into Hungary amounted to X tonnes in 2020, approximately mirroring the year before. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, nucleic acids imports expanded remarkably to $X in 2020. Overall, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the UK (X tonnes) constituted the largest supplier of nucleic acids to Hungary, accounting for a X% share of total imports. Moreover, nucleic acids imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. Belgium (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Belgium (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of nucleic acids to Hungary, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and China (+X% per year).

Import Prices by Country

The average nucleic acids import price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period under review, the import price recorded a notable increase. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nucleic acids and their salts in the world?
+
The countries with the highest volumes of nucleic acids consumption in 2020 were China (115K tonnes), the U.S. (90K tonnes) and Italy (55K tonnes), with a combined 41% share of global consumption. India, Japan, Indonesia, South Korea, Brazil, Germany, the UK, Russia, Mexico and France lagged somewhat behind, together accounting for a further 35%.
What are the largest producers of nucleic acids and their salts in the world?
+
China (298K tonnes) constituted the country with the largest volume of nucleic acids production, accounting for 44% of total volume. Moreover, nucleic acids production in China exceeded the figures recorded by the second-largest producer, Germany (59K tonnes), fivefold. Italy (43K tonnes) ranked third in terms of total production with a 6.3% share.
What are the leading suppliers of nucleic acids and their salts to Hungary?
+
In value terms, the UK ($49M) constituted the largest supplier of nucleic acids to Hungary, comprising 60% of total imports. The second position in the ranking was occupied by Belgium ($11M), with a 13% share of total imports. It was followed by China, with a 6.5% share.
What are the leading importers of nucleic acids and their salts from Hungary?
+
In value terms, Germany ($22M) remains the key foreign market for nucleic acids exports from Hungary, comprising 37% of total exports. The second position in the ranking was occupied by France ($7.7M), with a 13% share of total exports. It was followed by the Netherlands, with a 4.6% share.
What is the average export price for nucleic acids and their salts in Hungary?
+
In 2020, the average nucleic acids export price amounted to $56,062 per tonne, remaining constant against the previous year.
What is the average import price for nucleic acids and their salts in Hungary?
+
The average nucleic acids import price stood at $18,516 per tonne in 2020, with an increase of 6.2% against the previous year.

Product coverage:
• Prodcom 20145290 - Compounds containing in the structure an unfused pyridine ring or a quinoline or isoquinoline ring-system, not further fused, lactames, other heterocyclic compounds with nitrogen hetero-atom(s) only (excluding compounds containing in the structure an unfused pyrazole ring, an unfused imidazole ring, a pyrimidine ring, a piperazine ring or an unfused triazine ring) N ucleic acids and other heterocyclic compounds - thiazole, b enzothiazole, other cycles

This report provides an in-depth analysis of the nucleic acids market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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