Nucleic Acids Market Overview in the United Kingdom
In value terms, nucleic acids production rose significantly to $ in 2019 estimated in export prices. In general, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2012; however, from 2013 to 2019, production stood at a somewhat lower figure.
The revenue of the nucleic acids market in the UK stood at $ in 2019, picking up 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). In general, consumption, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of % year-to-year. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.