Nucleic Acids Market Overview in Denmark
In value terms, nucleic acids production expanded modestly to $ in 2019 estimated in export prices. Over the period under review, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2016 when the production volume increased by % y-o-y. Nucleic acids production peaked at $ in 2008; however, from 2009 to 2019, production failed to regain the momentum.
The size of the nucleic acids market in Denmark expanded significantly to $ in 2019, surging by % 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, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2010 when the market value increased by % against the previous year. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.