Bangladesh: Market for Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses 2022

Market Size for Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses in Bangladesh

In 2021, the Bangladeshi human and animal blood market decreased by -X% to $X for the first time since 2014, thus ending a six-year rising trend. Overall, consumption, however, continues to indicate prominent growth. Over the period under review, the market reached the peak level at $X in 2020, and then reduced in the following year.

Exports of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses

Exports from Bangladesh

In 2021, the amount of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses exported from Bangladesh shrank to X kg, falling by -X% on 2020. In general, exports, however, showed buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, human and animal blood exports declined rapidly to $X in 2021. Overall, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for human and animal blood exports from Bangladesh, with a X% share of total exports. Moreover, human and animal blood exports to the United States exceeded the volume sent to the second major destination, Singapore (X kg), sixfold. The third position in this ranking was taken by Austria (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-X% per year) and Austria (X% per year).

In value terms, Sweden ($X), Singapore ($X) and Austria ($X) were the largest markets for human and animal blood exported from Bangladesh worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average human and animal blood export price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then fell sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to the United States ($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 Sweden (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses

Imports into Bangladesh

In 2021, approx. X tons of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses were imported into Bangladesh; falling by -X% on the previous year. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then contracted notably in the following year.

In value terms, human and animal blood imports shrank slightly to $X in 2021. Over the period under review, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2020, and then fell slightly in the following year.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of human and animal blood to Bangladesh, with a X% share of total imports. Moreover, human and animal blood imports from France exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and the United States (+X% per year).

In value terms, the largest human and animal blood suppliers to Bangladesh were the United States ($X), China ($X) and India ($X), with a combined X% share of total imports. Singapore, France, Japan, Belgium and South Korea lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average human and animal blood import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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