Argentina: Antisera Market 2024

Antisera Market Size in Argentina

The Argentinian antisera market skyrocketed to $X in 2021, picking up by 32% against the previous year. In general, consumption saw a significant increase. Antisera consumption peaked in 2021 and is likely to continue growth in years to come.

Antisera Production in Argentina

In value terms, antisera production stood at $X in 2021 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -7.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 27% against the previous year. Antisera production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Antisera Exports

Exports from Argentina

Antisera exports from Argentina reduced markedly to X tons in 2021, declining by -64.5% against 2020. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 30%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, antisera exports dropped sharply to $X in 2021. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 17% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for antisera exports from Argentina, accounting for a 45% share of total exports. Moreover, antisera exports to Colombia exceeded the volume sent to the second major destination, Peru (X tons), fivefold. Vietnam (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Colombia stood at +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+25.1% per year) and Vietnam (+8.0% per year).

In value terms, Colombia ($X) emerged as the key foreign market for antisera and other blood fractions exports from Argentina, comprising 28% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 13% share of total exports. It was followed by Peru, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Colombia amounted to -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-8.8% per year) and Peru (+19.5% per year).

Export Prices by Country

In 2021, the average antisera export price amounted to $X per ton, dropping by -17.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 54%. As a result, the export price reached the peak level of $X per ton, and then contracted rapidly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Uruguay ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into Argentina

In 2021, the amount of antisera and other blood fractions imported into Argentina surged to X tons, rising by 93% against 2020. Overall, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, antisera imports surged to $X in 2021. The total import value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons) constituted the largest supplier of antisera to Argentina, with a 41% share of total imports. Moreover, antisera imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea amounted to +132.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+46.9% per year) and Germany (+18.3% per year).

In value terms, Switzerland ($X), Germany ($X) and the United States ($X) constituted the largest antisera suppliers to Argentina, together comprising 58% of total imports. Ireland, South Korea, Spain, Italy, China, the UK, Austria and France lagged somewhat behind, together comprising a further 34%.

In terms of the main suppliers, South Korea, with a CAGR of +158.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average antisera import price stood at $X per kg in 2021, reducing by -39.1% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2013 an increase of 26%. As a result, import price reached the peak level of $X per kg. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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