Lithuania: Nucleic Acids Market 2020

Nucleic Acids Market Size in Lithuania

The revenue of the nucleic acids market in Lithuania amounted to $X in 2018, declining by -X% against the previous year. In general, nucleic acids consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the nucleic acids market reached its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Nucleic Acids Production in Lithuania

In value terms, nucleic acids production totaled $X in 2018 estimated in export prices. Over the period under review, nucleic acids production, however, continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2015 when production volume increased by X% y-o-y. Over the period under review, nucleic acids production reached its peak figure level at $X in 2016; however, from 2017 to 2018, production stood at a somewhat lower figure.

Nucleic Acids Exports

Exports from Lithuania

Nucleic acids exports from Lithuania amounted to X tons in 2018, increasing by X% against the previous year. Over the period under review, nucleic acids exports continue to indicate extraordinary growth. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Lithuania exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, nucleic acids exports amounted to $X in 2018. Overall, nucleic acids exports continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, nucleic acids exports reached their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

China was the key 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 a X% share (based on tons) of total exports, which put it in second place, followed by Ireland (X%), Belgium (X%) and France (X%). The following exporters - 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) - together made up X% 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. From 2007 to 2018, the share of China, France and Spain increased by +X%, +X% and +X% percentage points, while Ireland (-X p.p.) and Germany (-X p.p.) saw their share reduced. 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) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Switzerland, Belgium, Germany, Japan, the UK, Spain, France, Indonesia, Slovakia and Lithuania, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The nucleic acids export price in Lithuania stood at $X per ton in 2018, increasing by X% against the previous year. Over the period under review, the nucleic acids export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Lithuania export price peaked at $X per ton in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; 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 Lithuania

In 2018, approx. X tons of nucleic acids and their salts were imported into Lithuania; picking up by X% against the previous year. Overall, nucleic acids imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Lithuania imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, nucleic acids imports stood at $X in 2018. Overall, nucleic acids imports continue to indicate an outstanding expansion. The growth pace was the most rapid in 2011 when imports increased by 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 immediate term.

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) were the main importers of nucleic acids and their salts, together constituting X% of total imports. Indonesia (X tons), France (X tons), Brazil (X tons), Italy (X tons), Russia (X tons) and China (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to nucleic acids imports into the U.S. stood at +X%. 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. ($X) constitutes the largest market for imported nucleic acids and their salts into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., nucleic acids imports shrank by an average annual rate of -X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the nucleic acids import price in Lithuania amounted to $X per ton, reducing by -X% against the previous year. In general, the nucleic acids import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Lithuania import price peaked at $X per ton in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; 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