China: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in China

The Chinese blood-grouping reagents market declined to $X in 2022, with a decrease of -5.4% against the previous year. In general, consumption saw a relatively flat trend pattern. Blood-grouping reagents consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Blood-Grouping Reagents Production in China

In value terms, blood-grouping reagents production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 40% against the previous year. Blood-grouping reagents production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports from China

In 2022, shipments abroad of blood-grouping reagents increased by 1.1% to X tons, rising for the third year in a row after two years of decline. In general, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by 120% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, blood-grouping reagents exports fell to $X in 2022. Over the period under review, exports recorded prominent growth. The growth pace was the most rapid in 2013 with an increase of 195%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt (X tons), Pakistan (X tons) and Vietnam (X tons) were the main destinations of blood-grouping reagents exports from China, with a combined 53% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +115.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blood-grouping reagents exported from China were Egypt ($X), Vietnam ($X) and Pakistan ($X), together accounting for 42% of total exports. The Dominican Republic, Morocco, Ghana, Libya, South Korea, Sri Lanka, the Philippines, Kenya, Paraguay and Afghanistan lagged somewhat behind, together accounting for a further 40%.

Morocco, with a CAGR of +178.9%, recorded 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 2022, the average blood-grouping reagents export price amounted to $X per ton, which is down by -8% against the previous year. In general, the export price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2013 an increase of 34%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Afghanistan ($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 Morocco (+41.5%), while the prices for the other major destinations experienced mixed trend patterns.

Blood-Grouping Reagents Imports

Imports into China

In 2022, approx. X tons of blood-grouping reagents were imported into China; standing approx. at the year before. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 176%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, blood-grouping reagents imports declined slightly to $X in 2022. In general, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 152%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Switzerland (X tons) and the Netherlands (X tons) were the main suppliers of blood-grouping reagents imports to China, together comprising 54% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +47.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blood-grouping reagents suppliers to China were Spain ($X), the United States ($X) and Switzerland ($X), with a combined 51% share of total imports. The Netherlands and the UK lagged somewhat behind, together accounting for a further 14%.

In terms of the main suppliers, the Netherlands, with a CAGR of +49.0%, recorded the highest growth rate of 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

The average blood-grouping reagents import price stood at $X per ton in 2022, reducing by -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2015 an increase of 19%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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