Croatia: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Croatia

The Croatian blood-grouping reagents market soared to $X in 2022, increasing by 16% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Blood-grouping reagents consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Blood-Grouping Reagents Production in Croatia

In value terms, blood-grouping reagents production totaled $X in 2022 estimated in export price. In general, production, however, showed a abrupt downturn. Blood-grouping reagents production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Blood-Grouping Reagents Exports

Exports from Croatia

After four years of growth, overseas shipments of blood-grouping reagents decreased by -72.3% to X kg in 2022. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 74% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, blood-grouping reagents exports shrank sharply to $X in 2022. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 101% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Slovenia (X kg) was the main destination for blood-grouping reagents exports from Croatia, accounting for a 56% share of total exports. Moreover, blood-grouping reagents exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X kg), threefold. Romania (X kg) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovenia amounted to +38.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-28.4% per year) and Romania (+59.1% per year).

In value terms, Slovenia ($X) remains the key foreign market for blood-grouping reagents exports from Croatia, comprising 54% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a 25% share of total exports. It was followed by Romania, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovenia totaled +39.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (-22.6% per year) and Romania (+68.9% per year).

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, rising by 171% against the previous year. Overall, the export price recorded a resilient increase. The export price peaked at $X per ton in 2016; however, from 2017 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 Bosnia and Herzegovina ($X per ton), while the average price for exports to Montenegro ($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 Bosnia and Herzegovina (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into Croatia

In 2022, overseas purchases of blood-grouping reagents were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by 42%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, blood-grouping reagents imports shrank to $X in 2022. Overall, imports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), Switzerland (X tons) and Spain (X kg) were the main suppliers of blood-grouping reagents imports to Croatia, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +66.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of blood-grouping reagents to Croatia, comprising 70% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Switzerland amounted to -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.7% per year) and the UK (+41.6% per year).

Import Prices by Country

The average blood-grouping reagents import price stood at $X per ton in 2022, reducing by -15.4% against the previous year. Over the period under review, the import price, however, posted a tangible increase. The pace of growth was the most pronounced in 2013 an increase of 47% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Germany ($X per ton), while the price for the UK ($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 Czech Republic (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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