Australia and Oceania: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Australia and Oceania

The blood-grouping reagents market in Australia and Oceania fell modestly to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption continues to indicate a mild contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Blood-Grouping Reagents Production in Australia and Oceania

In value terms, blood-grouping reagents production contracted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 44% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in shipments abroad of blood-grouping reagents, when their volume decreased by -10.4% to X tons. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 33% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, blood-grouping reagents exports declined to $X in 2022. In general, exports showed a slight setback. The most prominent rate of growth was recorded in 2018 with an increase of 37% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Australia (X tons) represented roughly 99.9% of total exports in 2022.

Australia was also the fastest-growing in terms of the blood-grouping reagents exports, with a CAGR of -6.0% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest blood-grouping reagents supplier in Australia and Oceania.

In Australia, blood-grouping reagents exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, approximately equating the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 when the export price increased by 92% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +5.4% per year.

Blood-Grouping Reagents Imports

Imports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in purchases abroad of blood-grouping reagents, when their volume decreased by -7.2% to X tons. In general, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, blood-grouping reagents imports fell to $X in 2022. Overall, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 39%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia represented the major importing country with an import of around X tons, which amounted to 74% of total imports. It was distantly followed by New Zealand (X tons), making up a 14% share of total imports. New Caledonia (X kg) and French Polynesia (X kg) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to blood-grouping reagents imports into Australia stood at -7.2%. New Zealand (-1.4%), New Caledonia (-6.3%) and French Polynesia (-6.6%) illustrated a downward trend over the same period. While the share of New Zealand (+6.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported blood-grouping reagents in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 14% share of total imports. It was followed by New Caledonia, with a 3.4% share.

In Australia, blood-grouping reagents imports contracted by an average annual rate of -2.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+2.9% per year) and New Caledonia (-7.2% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, falling by -4% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 40%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Australia ($X per ton) and New Zealand ($X per ton), while French Polynesia ($X per ton) and New Caledonia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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