Germany: Nucleic Acid Market 2024

Nucleic Acid Market Size in Germany

In 2021, after two years of growth, there was significant decline in the German nucleic acid market, when its value decreased by -94.5% to $X. In general, consumption recorded a dramatic contraction. As a result, consumption reached the peak level of $X, and then plummeted in the following year.

Nucleic Acid Production in Germany

In value terms, nucleic acid production fell slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable descent. The pace of growth appeared the most rapid in 2013 when the production volume increased by 32%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Nucleic Acid Exports

Exports from Germany

In 2021, overseas shipments of nucleic acids and their salts decreased by -0.7% to X tons, falling for the second consecutive year after three years of growth. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 22% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, nucleic acid exports skyrocketed to $X in 2021. In general, exports, however, saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for nucleic acid exports from Germany, with a 38% share of total exports. Moreover, nucleic acid exports to Belgium exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by China (X tons), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium stood at +34.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-5.5% per year) and China (+15.1% per year).

In value terms, the largest markets for nucleic acid exported from Germany were Belgium ($X), the United States ($X) and Japan ($X), with a combined 52% share of total exports.

Belgium, with a CAGR of +56.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nucleic acid export price stood at $X per ton in 2021, with an increase of 42% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nucleic acid export price increased by +105.4% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acid Imports

Imports into Germany

In 2021, overseas purchases of nucleic acids and their salts decreased by -6% to X tons, falling for the second consecutive year after three years of growth. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 31%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, nucleic acid imports surged to $X in 2021. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 48% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of nucleic acid imports to Germany, with a combined 55% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +21.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Ireland ($X) and Switzerland ($X) appeared to be the largest nucleic acid suppliers to Germany, with a combined 57% share of total imports. These countries were followed by the United States, China, India, the Netherlands, Italy, Belgium, Finland, the UK, Austria and Slovakia, which together accounted for a further 36%.

The Netherlands, with a CAGR of +43.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average nucleic acid import price amounted to $X per ton, growing by 31% against the previous year. Over the period under review, the import price posted buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 52% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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