Nucleic Acids Market Overview in Cyprus
In value terms, nucleic acids production totaled $ in estimated in export prices. In general, production enjoyed a slight expansion. The most prominent rate of growth was recorded in 2011 when the production volume increased by % year-to-year. Nucleic acids production peaked at $ in 2012; however, from 2013 to , production stood at a somewhat lower figure.
The revenue of the nucleic acids market in Cyprus amounted to $ in , standing approx. at 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 relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by % y-o-y. Nucleic acids consumption peaked at $ in 2015; however, from 2016 to , consumption remained at a lower figure.