Canada: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Canada

The Canadian blood-grouping reagents market fell to $X in 2022, leveling off at the previous year. Overall, consumption saw a perceptible descent. Blood-grouping reagents consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Blood-Grouping Reagents Production in Canada

In value terms, blood-grouping reagents production declined modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2015 with an increase of 20% against the previous year. Blood-grouping reagents production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Blood-Grouping Reagents Exports

Exports from Canada

In 2022, approx. X tons of blood-grouping reagents were exported from Canada; which is down by -4.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 25%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, blood-grouping reagents exports fell modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 23% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons), Switzerland (X tons) and Germany (X tons) were the main destinations of blood-grouping reagents exports from Canada, with a combined 52% share of total exports. Taiwan (Chinese), China, Japan, South Korea, South Africa, Malaysia, Brazil and Hong Kong SAR lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +32.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blood-grouping reagents exported from Canada were Mexico ($X), Switzerland ($X) and Germany ($X), together comprising 53% of total exports. Taiwan (Chinese), China, Japan, South Korea, South Africa, Malaysia, Brazil and Hong Kong SAR lagged somewhat behind, together accounting for a further 39%.

Brazil, with a CAGR of +31.6%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average blood-grouping reagents export price amounted to $X per ton, approximately equating the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 33% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Switzerland ($X per ton) and Japan ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+0.4%), while the prices for the other major destinations experienced a decline.

Blood-Grouping Reagents Imports

Imports into Canada

In 2022, overseas purchases of blood-grouping reagents increased by 2.5% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -41.9% against 2014 indices. The growth pace was the most rapid in 2013 with an increase of 52%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, blood-grouping reagents imports dropped modestly to $X in 2022. In general, total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +3.4% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 52% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest blood-grouping reagents supplier to Canada, accounting for a 77% share of total imports. Moreover, blood-grouping reagents imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. The third position in this ranking was held by Switzerland (X tons), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+19.8% per year) and Switzerland (+25.5% per year).

In value terms, the United States ($X) constituted the largest supplier of blood-grouping reagents to Canada, comprising 76% of total imports. The second position in the ranking was taken by the UK ($X), with a 7% share of total imports. It was followed by Germany, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+20.1% per year) and Germany (+0.2% per year).

Import Prices by Country

In 2022, the average blood-grouping reagents import price amounted to $X per ton, shrinking by -5.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and the UK ($X per ton), while the price for Spain ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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