Report Update Nov 1, 2024

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

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Turkey: Nucleic Acid Market 2024

Nucleic Acid Market Size in Turkey

The Turkish nucleic acid market surged to $X in 2021, with an increase of 19% 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, consumption saw a resilient expansion. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in years to come.

Nucleic Acid Exports

Exports from Turkey

In 2021, nucleic acid exports from Turkey soared to X tons, growing by 119% compared with 2020. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 136% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

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

Exports by Country

Algeria (X tons), Russia (X tons) and Iraq (X tons) were the main destinations of nucleic acid exports from Turkey, together comprising 74% of total exports.

From 2012 to 2021, the biggest increases were recorded for Algeria (with a CAGR of +90.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X) emerged as the key foreign market for nucleic acids and their salts exports from Turkey, comprising 38% of total exports. The second position in the ranking was taken by Italy ($X), with an 18% share of total exports. It was followed by Russia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Algeria totaled +147.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+4.9% per year) and Russia (+3.9% per year).

Export Prices by Country

In 2021, the average nucleic acid export price amounted to $X per ton, rising by 1.9% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 56% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Libya ($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 Israel (+344.8%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acid Imports

Imports into Turkey

For the tenth year in a row, Turkey recorded growth in overseas purchases of nucleic acids and their salts, which increased by 30% to X tons in 2021. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nucleic acid imports surged to $X in 2021. In general, imports saw strong growth. The pace of growth was the most pronounced in 2017 when imports increased by 28%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of nucleic acid to Turkey, accounting for a 53% share of total imports. Moreover, nucleic acid imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+15.0% per year) and Spain (+23.5% per year).

In value terms, China ($X) constituted the largest supplier of nucleic acids and their salts to Turkey, comprising 36% of total imports. The second position in the ranking was held by India ($X), with an 18% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.2% per year) and Germany (+40.3% per year).

Import Prices by Country

In 2021, the average nucleic acid import price amounted to $X per ton, falling by -8.3% against the previous year. In general, the import price showed a mild contraction. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nucleic acids and their salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 38% 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%.

What are the largest producers of nucleic acids and their salts in the world?

China constituted the country with the largest volume of nucleic acids production, accounting for 42% of total volume. Moreover, nucleic acids production in China exceeded the figures recorded by the second-largest producer, Germany, fivefold. Belgium ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of nucleic acids and their salts to Turkey?

In value terms, China constituted the largest supplier of nucleic acids to Turkey, comprising 36% of total imports. The second position in the ranking was occupied by India, with an 18% share of total imports. It was followed by Germany, with a 13% share.

What are the leading importers of nucleic acids and their salts from Turkey?

In value terms, Algeria emerged as the key foreign market for nucleic acids exports from Turkey, comprising 38% of total exports. The second position in the ranking was occupied by Italy, with an 18% share of total exports. It was followed by Iran, with a 6.1% share.

What is the average export price for nucleic acids and their salts in Turkey?

In 2021, the average nucleic acids export price amounted to $7,663 per ton, waning by -49.2% against the previous year.

What is the average import price for nucleic acids and their salts in Turkey?

The average nucleic acids import price stood at $21,522 per ton in 2021, falling by -8.2% against the previous year.

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

Turkey

Data coverage:

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

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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