Benelux: Antisera Market 2024

Antisera Market Size in Benelux

The Benelux antisera market soared to $X in 2021, growing by 177% against the previous year. Over the period under review, consumption posted a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Antisera Production in Benelux

In value terms, antisera production surged to $X in 2021 estimated in export price. In general, production enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 1,710%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Antisera Exports

Exports in Benelux

In 2021, overseas shipments of antisera and other blood fractions increased by 71% to X tons, rising for the sixth consecutive year after two years of decline. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 399%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, antisera exports surged to $X in 2021. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 191% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

The Netherlands was the major exporting country with an export of around X tons, which reached 63% of total exports. It was distantly followed by Belgium (X tons), making up a 34% share of total exports. Luxembourg (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Luxembourg (with a CAGR of +55.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest antisera supplying countries in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

In terms of the main exporting countries, the Netherlands, with a CAGR of +24.7%, recorded the highest growth rate of 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

The export price in Benelux stood at $X per kg in 2021, waning by -30.2% against the previous year. Overall, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2014 when the export price increased by 226% against the previous year. Over the period under review, the export prices hit record highs at $X per kg in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Belgium ($X per kg), while Luxembourg ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-0.8%), while the other leaders experienced a decline in the export price figures.

Antisera Imports

Imports in Benelux

For the third consecutive year, Benelux recorded growth in supplies from abroad of antisera and other blood fractions, which increased by 121% to X tons in 2021. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 167% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, antisera imports surged to $X in 2021. Over the period under review, imports posted strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 112% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

The Netherlands was the major importer of antisera and other blood fractions in Benelux, with the volume of imports resulting at X tons, which was near 73% of total imports in 2021. It was distantly followed by Belgium (X tons), creating a 25% share of total imports. Luxembourg (X tons) held a relatively small share of total imports.

The Netherlands was also the fastest-growing in terms of the antisera and other blood fractions imports, with a CAGR of +32.6% from 2012 to 2021. At the same time, Luxembourg (+32.4%) and Belgium (+13.4%) displayed positive paces of growth. While the share of the Netherlands (+32 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-32.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest antisera importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of +43.9%, recorded the highest rates of growth with regard to 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

In 2021, the import price in Benelux amounted to $X per kg, which is down by -44.4% against the previous year. Overall, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2016 when the import price increased by 25%. The level of import peaked at $X per kg in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per kg), while Luxembourg ($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 Netherlands (+8.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform