Chile: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Chile

The Chilean blood-grouping reagents market declined modestly to $X in 2022, shrinking by -3.6% against the previous year. Over the period under review, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +57.4% against 2020 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Blood-Grouping Reagents Production in Chile

In value terms, blood-grouping reagents production dropped dramatically to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 75%. Blood-grouping reagents production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Blood-Grouping Reagents Exports

Exports from Chile

In 2022, approx. X tons of blood-grouping reagents were exported from Chile; growing by 637% on the previous year's figure. In general, exports, however, saw a noticeable setback. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, blood-grouping reagents exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for blood-grouping reagents exports from Chile, accounting for a 59% share of total exports. Moreover, blood-grouping reagents exports to the UK exceeded the volume sent to the second major destination, Peru (X kg), fourfold. Paraguay (X kg) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +56.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-2.5% per year) and Paraguay (+5.5% per year).

In value terms, the UK ($X) remains the key foreign market for blood-grouping reagents exports from Chile, comprising 51% of total exports. The second position in the ranking was held by Peru ($X), with a 16% share of total exports. It was followed by Paraguay, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+0.8% per year) and Paraguay (+12.4% per year).

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, dropping by -27.3% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blood-grouping reagents export price decreased by -33.8% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 58%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into Chile

In 2022, overseas purchases of blood-grouping reagents increased by 38% to X tons, rising for the sixth year in a row after three years of decline. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 195% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, blood-grouping reagents imports reduced to $X in 2022. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 224%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of blood-grouping reagents to Chile, accounting for a 62% share of total imports. Moreover, blood-grouping reagents imports from Spain exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +54.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+23.2% per year) and the United States (+7.3% per year).

In value terms, Spain ($X) constituted the largest supplier of blood-grouping reagents to Chile, comprising 57% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 26% share of total imports. It was followed by the United States, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at +37.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+15.0% per year) and the United States (+3.8% per year).

Import Prices by Country

In 2022, the average blood-grouping reagents import price amounted to $X per ton, waning by -34.7% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 71% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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