Nucleic Acids Market Overview in Austria
In value terms, nucleic acids production soared to $ in 2019 estimated in export prices. Over the period under review, production, however, showed a deep contraction. The growth pace was the most rapid in 2016 with an increase of % y-o-y. Nucleic acids production peaked at $ in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.
The value of the nucleic acids market in Austria expanded notably 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 saw a slight curtailment. The most prominent rate of growth was recorded in 2015 when the market value increased by % year-to-year. Nucleic acids consumption peaked at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.