CIS: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in CIS

For the sixth year in a row, the CIS blood-grouping reagents market recorded growth in sales value, which increased by 23% to $X in 2022. In general, consumption saw prominent growth. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Blood-Grouping Reagents Production in CIS

In value terms, blood-grouping reagents production stood at $X in 2022 estimated in export price. In general, production saw prominent growth. The growth pace was the most rapid in 2015 when the production volume increased by 52% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports in CIS

Blood-grouping reagents exports reduced to X tons in 2022, with a decrease of -11.5% compared with the year before. In general, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 148%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, blood-grouping reagents exports reached $X in 2022. Overall, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by 242%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) represented roughly 100% of total exports in 2022.

Russia was also the fastest-growing in terms of the blood-grouping reagents exports, with a CAGR of +12.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest blood-grouping reagents supplier in the CIS.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at +14.0%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, increasing by 13% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 -20.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by 38% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.2% per year.

Blood-Grouping Reagents Imports

Imports in CIS

In 2022, approx. X tons of blood-grouping reagents were imported in the CIS; dropping by -3.9% on 2021. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.0% 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 +25.4% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 28%. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped modestly in the following year.

In value terms, blood-grouping reagents imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 28%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Russia dominates imports structure, amounting to X tons, which was near 92% of total imports in 2022. The following importers - Kazakhstan (X tons) and Belarus (X tons) - together made up 7.1% of total imports.

From 2012 to 2022, average annual rates of growth with regard to blood-grouping reagents imports into Russia stood at +6.4%. At the same time, Kazakhstan (+11.4%) and Belarus (+9.0%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +11.4% from 2012-2022. From 2012 to 2022, the share of Russia and Kazakhstan increased by +3.5 and +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported blood-grouping reagents in the CIS, comprising 89% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 7% share of total imports.

In Russia, blood-grouping reagents imports expanded at an average annual rate of +3.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+12.8% per year) and Belarus (+8.4% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2017 when the import price increased by 14%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :