Report Romania - Nucleic Acids and Their Salts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Romania: Nucleic Acid Market 2024

Nucleic Acid Market Size in Romania

The Romanian nucleic acid market skyrocketed to $X in 2021, growing by 517% 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 saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Nucleic Acid Exports

Exports from Romania

In 2021, overseas shipments of nucleic acids and their salts decreased by -45.8% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2019 when exports increased by 247% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, nucleic acid exports soared to $X in 2021. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 375%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X tons), the United States (X tons) and Russia (X tons) were the main destinations of nucleic acid exports from Romania, with a combined 86% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +108.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Russia ($X) and Hungary ($X) appeared to be the largest markets for nucleic acid exported from Romania worldwide, together comprising 87% of total exports.

The United States, with a CAGR of +147.0%, recorded the highest growth rate of the value of exports, in terms of 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

In 2021, the average nucleic acid export price amounted to $X per ton, surging by 238% against the previous year. Overall, the export price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2013 an increase of 564%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Latvia ($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 Ukraine (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acid Imports

Imports into Romania

In 2021, approx. X tons of nucleic acids and their salts were imported into Romania; increasing by 543% on the year before. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nucleic acid imports soared to $X in 2021. Overall, imports posted a buoyant increase. The growth pace was the most rapid in 2017 when imports increased by 341% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Switzerland (X tons) was the main supplier of nucleic acid to Romania, accounting for a 91% share of total imports. Moreover, nucleic acid imports from Switzerland exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. The third position in this ranking was held by Slovakia (X tons), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Switzerland totaled +468.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+290.1% per year) and Slovakia (+108.2% per year).

In value terms, Switzerland ($X) constituted the largest supplier of nucleic acids and their salts to Romania, comprising 94% of total imports. The second position in the ranking was held by Spain ($X), with a 1% share of total imports. It was followed by Germany, with a 0.8% share.

From 2012 to 2021, the average annual growth rate of value from Switzerland amounted to +184.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+116.3% per year) and Germany (+13.1% per year).

Import Prices by Country

In 2021, the average nucleic acid import price amounted to $X per ton, shrinking by -71.2% against the previous year. Over the period under review, the import price saw a significant contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 137% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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%.
China remains the largest nucleic acids producing country worldwide, accounting for 42% of total volume. Moreover, nucleic acids production in China exceeded the figures recorded by the second-largest producer, Germany, fivefold. The third position in this ranking was occupied by Belgium, with a 6.9% share.
In value terms, Switzerland constituted the largest supplier of nucleic acids to Romania, comprising 94% of total imports. The second position in the ranking was occupied by Spain, with a 1% share of total imports. It was followed by Germany, with a 0.8% share.
In value terms, Hungary remains the key foreign market for nucleic acids exports from Romania, comprising 14% of total exports. The second position in the ranking was occupied by Ukraine, with a 5% share of total exports. It was followed by Serbia, with a 3.9% share.
The average nucleic acids export price stood at $24,092 per ton in 2021, waning by -43.7% against the previous year.
In 2021, the average nucleic acids import price amounted to $80,057 per ton, growing by 409% against the previous year.

This report provides an in-depth analysis of the nucleic acid market in Romania. 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:

  • Romania

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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