Estonia: Nucleic Acids Market 2020

Nucleic Acids Market Size in Estonia

The revenue of the nucleic acids market in Estonia amounted to $X in 2018, rising by X% 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). Overall, nucleic acids consumption, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the nucleic acids market reached its peak figure level at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Nucleic Acids Exports

Exports from Estonia

In 2018, approx. X tons of nucleic acids and their salts were exported from Estonia; coming down by -X% against the previous year. In general, nucleic acids exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, nucleic acids exports reached their peak figure at X tons in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, nucleic acids exports amounted to $X in 2018. Over the period under review, nucleic acids exports continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Estonia exports peaked at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

China represented the main exporter of nucleic acids and their salts in the world, with the volume of exports accounting for X tons, which was near X% of total exports in 2018. Germany (X tons) held the second position in the ranking, followed by Ireland (X tons), Belgium (X tons) and France (X tons). All these countries together occupied approx. X% share of total exports. Spain (X tons), the U.S. (X tons), Japan (X tons), Switzerland (X tons), Indonesia (X tons), Slovakia (X tons) and the UK (X tons) occupied a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to nucleic acids exports from China stood at +X%. At the same time, Spain (+X%), France (+X%), Indonesia (+X%), Switzerland (+X%), the U.S. (+X%), Japan (+X%) and Slovakia (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. By contrast, Belgium (-X%), Germany (-X%) and Ireland (-X%) illustrated a downward trend over the same period. China (+X p.p.), France (+X p.p.) and Spain (+X p.p.) significantly strengthened its position in terms of the global exports, while Ireland and Germany saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ireland ($X), China ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

China recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the nucleic acids export price in Estonia amounted to $X per ton, going up by X% against the previous year. Overall, the export price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, nucleic acids export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 when the export price increased by X% y-o-y. Estonia export price peaked in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Switzerland ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Nucleic Acids Imports

Imports into Estonia

In 2018, the amount of nucleic acids and their salts imported into Estonia totaled X tons, coming down by -X% against the previous year. Overall, nucleic acids imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Estonia imports peaked at X tons in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, nucleic acids imports totaled $X in 2018. Over the period under review, nucleic acids imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, nucleic acids imports reached their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Belgium (X tons), Japan (X tons), Ireland (X tons), India (X tons) and Germany (X tons) represented the largest importers of nucleic acids and their salts, together constituting X% of total imports. The following importers - Indonesia (X tons), France (X tons), Brazil (X tons), Italy (X tons), Russia (X tons) and China (X tons) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Ireland (+X%), India (+X%), Indonesia (+X%), Russia (+X%), France (+X%), China (+X%), Belgium (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Brazil and Japan experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Ireland (+X p.p.), India (+X p.p.), Indonesia (+X p.p.), Belgium (+X p.p.), France (+X p.p.), Russia (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the global imports, while Germany saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled -X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Germany (-X% per year).

Import Prices by Country

The nucleic acids import price in Estonia stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the nucleic acids import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Estonia import price peaked at $X per ton in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform