Nucleic Acids Market Overview in Austria
In value terms, nucleic acids production amounted to $ in 2018 estimated in export prices. Overall, nucleic acids production continues to indicate a dramatic descent. The pace of growth appeared the most rapid in 2015 with an increase of % year-to-year. Over the period under review, nucleic acids production hit record highs at $ in 2009; however, from 2010 to 2018, production failed to regain its momentum.
The revenue of the nucleic acids market in Austria amounted to $ in 2018, rising 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). Overall, the total market indicated a moderate increase from 2007 to 2018: its value increased at an average annual rate of +% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, nucleic acids consumption increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of % year-to-year. In that year, the nucleic acids market attained its peak level and is likely to continue its growth in the immediate term.