Report Update Nov 1, 2024

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

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Azerbaijan: Nucleic Acid Market 2024

Nucleic Acid Market Size in Azerbaijan

The Azerbaijani nucleic acid market surged to $X in 2021, jumping by 47% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a buoyant expansion. Nucleic acid consumption peaked in 2021 and is expected to retain growth in the near future.

Nucleic Acid Exports

Exports from Azerbaijan

Nucleic acid exports from Azerbaijan dropped sharply to X kg in 2021, waning by -40% compared with the previous year. In general, exports recorded a sharp slump. The smallest decline of -10% was in 2015. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, nucleic acid exports shrank markedly to $X in 2021. Overall, exports saw a sharp downturn. The smallest decline of -8.8% was in 2015. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X kg) was the main destination for nucleic acid exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Korea amounted to -26.4%.

In value terms, South Korea ($X) also remains the key foreign market for nucleic acids and their salts exports from Azerbaijan.

From 2012 to 2021, the average annual growth rate of value to South Korea amounted to +22.9%.

Export Prices by Country

In 2021, the average nucleic acid export price amounted to $X per ton, reducing by -33.1% against the previous year. In general, the export price saw a abrupt setback. The growth pace was the most rapid in 2016 an increase of 24%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to -10.4% per year.

Nucleic Acid Imports

Imports into Azerbaijan

Nucleic acid imports into Azerbaijan surged to X tons in 2021, increasing by 45% against the year before. Over the period under review, imports saw a remarkable increase. The pace of growth was the most pronounced in 2015 when imports increased by 280% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, nucleic acid imports skyrocketed to $X in 2021. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by 459%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of nucleic acid to Azerbaijan, accounting for a 43% share of total imports. Moreover, nucleic acid imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by Turkey (X kg), with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.0% per year) and Turkey (-0.3% per year).

In value terms, Germany ($X) constituted the largest supplier of nucleic acids and their salts to Azerbaijan, comprising 41% of total imports. The second position in the ranking was held by China ($X), with a 4.2% share of total imports. It was followed by Turkey, with a 3.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.5% per year) and Turkey (+8.5% per year).

Import Prices by Country

The average nucleic acid import price stood at $X per ton in 2021, rising by 8.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 295% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox 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 in 2021 were China, the United States and India, with a combined 38% share of global consumption. These countries were followed by Italy, France, Brazil, Ireland, Germany, Japan, South Korea, Indonesia, Russia and the UK, which together accounted for a further 38%.

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

China constituted the country with the largest volume of nucleic acids production, comprising approx. 42% of total volume. Moreover, nucleic acids production in China exceeded the figures recorded by the second-largest producer, Germany, fivefold. Belgium ranked third in terms of total production with a 6.9% share.

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

In value terms, Germany constituted the largest supplier of nucleic acids to Azerbaijan, comprising 81% of total imports. The second position in the ranking was occupied by China, with a 7.5% share of total imports.

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

In 2016, the average nucleic acids export price amounted to $2,000 per ton, which is down by -33.3% against the previous year.

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

In 2021, the average nucleic acids import price amounted to $10,583 per ton, shrinking by -7.4% against the previous year.

This report provides an in-depth analysis of the nucleic acid market in Azerbaijan. 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 2030.

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

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023