Belgium: Antisera Market 2024

Antisera Market Size in Belgium

In 2021, the Belgian antisera market increased by 52% to $X, rising for the fifth year in a row after two years of decline. In general, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Antisera Production in Belgium

In value terms, antisera production surged to $X in 2021 estimated in export price. In general, production, however, showed a significant expansion. The growth pace was the most rapid in 2019 with an increase of 256%. Over the period under review, production hit record highs in 2021 and is likely to see gradual growth in years to come.

Antisera Exports

Exports from Belgium

In 2021, the amount of antisera and other blood fractions exported from Belgium rose sharply to X tons, picking up by 11% against the previous year. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 177%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, antisera exports totaled $X in 2021. Overall, exports saw buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 149% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for antisera exports from Belgium, accounting for a 24% share of total exports. Moreover, antisera exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The United States (X tons) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+8.0% per year) and the United States (+4.7% per year).

In value terms, Germany ($X), the United States ($X) and France ($X) constituted the largest markets for antisera exported from Belgium worldwide, with a combined 41% share of total exports. These countries were followed by Italy, the UK, Switzerland, Spain, the Netherlands, Brazil, Russia, Canada, Hungary and Mexico, which together accounted for a further 38%.

Mexico, with a CAGR of +52.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 antisera export price amounted to $X per kg, waning by -4.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs at $X per kg in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the UK ($X per kg), while the average price for exports to Mexico ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into Belgium

For the sixth consecutive year, Belgium recorded growth in supplies from abroad of antisera and other blood fractions, which increased by 24% to X tons in 2021. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 95%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, antisera imports rose sharply to $X in 2021. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 125% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest antisera supplier to Belgium, accounting for a 26% share of total imports. Moreover, antisera imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +28.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+29.6% per year) and China (+127.0% per year).

In value terms, Switzerland ($X), Ireland ($X) and the United States ($X) were the largest antisera suppliers to Belgium, with a combined 76% share of total imports. Germany, the Netherlands, Singapore, France and China lagged somewhat behind, together comprising a further 13%.

China, with a CAGR of +122.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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, falling by -12.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum at $X per kg in 2020, and then shrank in the following year.

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 Ireland (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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