United Kingdom: Nucleic Acids Market Overview 2021

Nucleic Acids Market Size in the UK

In 2019, the UK nucleic acids market increased by X% to $X, rising for the second year in a row after eight years of decline. Over the period under review, consumption, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. Nucleic acids consumption peaked at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Nucleic Acids Production in the UK

In value terms, nucleic acids production stood at $X in 2019 estimated in export prices. In general, production recorded significant growth. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% y-o-y. Nucleic acids production peaked at $X in 2012; however, from 2013 to 2019, production failed to regain the momentum.

Nucleic Acids Exports

Exports from the UK

In 2019, the amount of nucleic acids and their salts exported from the UK rose to X tonnes, with an increase of X% compared with 2018 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, nucleic acids exports rose sharply to $X in 2019. In general, exports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Hungary (X tonnes), Belgium (X tonnes) and the U.S. (X tonnes) were the main destinations of nucleic acids exports from the UK, with a combined X% share of total exports. These countries were followed by the Netherlands, Singapore, Turkey, Austria and Germany, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey, while exports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Hungary (+X% per year).

Export Prices by Country

The average nucleic acids export price stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, the export price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Austria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Hungary, while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acids Imports

Imports into the UK

In 2019, approx. X tonnes of nucleic acids and their salts were imported into the UK; with an increase of X% compared with the year before. Overall, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tonnes in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

In value terms, nucleic acids imports amounted to $X in 2019. In general, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tonnes), China (X tonnes) and Germany (X tonnes) were the main suppliers of nucleic acids imports to the UK, with a combined X% share of total imports. The U.S., Switzerland, India and Austria lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India, while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the U.S. ($X) and Belgium ($X) were the largest nucleic acids suppliers to the UK, together comprising X% of total imports.

In terms of the main suppliers, China saw the highest rates of growth with regard to 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

The average nucleic acids import price stood at $X per tonne in 2019, declining by -X% against the previous year. Overall, the import price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, 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?

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The countries with the highest volumes of nucleic acids consumption in 2019 were China (114K tonnes), the U.S. (83K tonnes) and Italy (55K tonnes), with a combined 41% share of global consumption. These countries were followed by India, Japan, Indonesia, Brazil, Germany, the UK, Russia, Mexico, France and South Korea, which together accounted for a further 35%.

What are the largest producers of nucleic acids and their salts in the world?

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China (294K tonnes) constituted the country with the largest volume of nucleic acids production, comprising approx. 45% of total volume. Moreover, nucleic acids production in China exceeded the figures recorded by the second-largest producer, Germany (58K tonnes), fivefold. The third position in this ranking was occupied by Italy (42K tonnes), with a 6.4% share.

What are the leading suppliers of nucleic acids and their salts to the UK?

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In value terms, the largest nucleic acids suppliers to the UK were China ($73M), the U.S. ($38M) and Belgium ($36M), together accounting for 30% of total imports.

What are the leading importers of nucleic acids and their salts from the UK?

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In value terms, the U.S. ($639M) remains the key foreign market for nucleic acids exports from the UK, comprising 67% of total exports. The second position in the ranking was occupied by Germany ($73M), with a 7.7% share of total exports. It was followed by Hungary, with a 5.1% share.

What is the average export price for nucleic acids and their salts in the UK?

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In 2019, the average nucleic acids export price amounted to $88,844 per tonne, rising by 8.1% against the previous year.

What is the average import price for nucleic acids and their salts in the UK?

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In 2019, the average nucleic acids import price amounted to $48,724 per tonne, waning by -12.3% against the previous year.