Africa: Antisera Market 2024

Antisera Market Size in Africa

The African antisera market soared to $X in 2021, picking up by 16% against the previous year. Overall, consumption, however, saw a buoyant expansion. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Antisera Production in Africa

In value terms, antisera production dropped to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +51.9% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of 27% against the previous year. The level of production peaked at $X in 2020, and then contracted in the following year.

Antisera Exports

Exports in Africa

In 2021, approx. X tons of antisera and other blood fractions were exported in Africa; jumping by 72% on 2020 figures. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 126%. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, antisera exports surged to $X in 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa represented the main exporting country with an export of around X tons, which accounted for 38% of total exports. Kenya (X tons) held a 20% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (20%) and Democratic Republic of the Congo (7.7%). Egypt (X tons), Morocco (X tons) and Ethiopia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Democratic Republic of the Congo (with a CAGR of +130.7%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest antisera supplier in Africa, comprising 62% of total exports. The second position in the ranking was held by Kenya ($X), with a 6.3% share of total exports. It was followed by Morocco, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +23.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Kenya (+66.2% per year) and Morocco (+12.7% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, which is down by -7.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by 52%. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Morocco ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+9.3%), while the other leaders experienced mixed trends in the export price figures.

Antisera Imports

Imports in Africa

In 2021, purchases abroad of antisera and other blood fractions increased by 31% to X tons, rising for the fifth year in a row after two years of decline. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, antisera imports soared to $X in 2021. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 35%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, South Africa (X tons), distantly followed by Algeria (X tons), Egypt (X tons), Uganda (X tons) and Libya (X tons) were the major importers of antisera and other blood fractions, together creating 70% of total imports. Sudan (X tons), Democratic Republic of the Congo (X tons), Zambia (X tons), Morocco (X tons), Ghana (X tons) and Rwanda (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +35.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X) constitutes the largest market for imported antisera and other blood fractions in Africa, comprising 35% of total imports. The second position in the ranking was held by South Africa ($X), with a 16% share of total imports. It was followed by Egypt, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Algeria amounted to +9.4%. In the other countries, the average annual rates were as follows: South Africa (+11.6% per year) and Egypt (+27.9% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, approximately equating the previous year. Overall, the import price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2016 an increase of 12%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Morocco ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+2.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :