Switzerland: Nucleic Acid Market 2024

Nucleic Acid Market Size in Switzerland

The Swiss nucleic acid market dropped significantly to $X in 2021, with a decrease of -42.4% against the previous year. In general, consumption, however, continues to indicate a significant expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank sharply in the following year.

Nucleic Acid Production in Switzerland

In value terms, nucleic acid production reduced to $X in 2021 estimated in export price. Overall, production, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 39% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then shrank in the following year.

Nucleic Acid Exports

Exports from Switzerland

Nucleic acid exports from Switzerland amounted to X tons in 2021, picking up by 7% on the previous year's figure. In general, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +5.3% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, nucleic acid exports skyrocketed to $X in 2021. Overall, total exports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +118.4% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), the United States (X tons) and Brazil (X tons) were the main destinations of nucleic acid exports from Switzerland, with a combined 51% share of total exports. Mexico, the UK, France, Italy, Hungary, Germany, Colombia, Russia, Thailand and Austria lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +166.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Italy ($X) appeared to be the largest markets for nucleic acid exported from Switzerland worldwide, together accounting for 43% of total exports. These countries were followed by the UK, Austria, Mexico, France, India, Brazil, Thailand, Colombia, Russia and Hungary, which together accounted for a further 21%.

Hungary, with a CAGR of +103.7%, 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, growing by 29% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to India ($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 Germany (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acid Imports

Imports into Switzerland

In 2021, supplies from abroad of nucleic acids and their salts increased by 27% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +30.1% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 67% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, nucleic acid imports expanded rapidly to $X in 2021. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 147%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest nucleic acid supplier to Switzerland, with a 49% share of total imports. Moreover, nucleic acid imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.6% per year) and Belgium (+13.4% per year).

In value terms, the United States ($X), China ($X) and Ireland ($X) constituted the largest nucleic acid suppliers to Switzerland, with a combined 59% share of total imports. Belgium, Germany, South Korea, Italy, Portugal, Austria, the UK, India and Japan lagged somewhat behind, together accounting for a further 30%.

In terms of the main suppliers, South Korea, with a CAGR of +68.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nucleic acid import price stood at $X per ton in 2021, reducing by -13% against the previous year. Overall, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.8% 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 import price increased by +94.6% against 2015 indices. The growth pace was the most rapid in 2013 when the average import price increased by 48% against the previous year. The import price peaked at $X per ton in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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