Report Update Nov 1, 2024

Cuba - Antisera and Other Blood Fractions - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Antisera Market 2024

Antisera Market Size in Cuba

The Cuban antisera market surged to $X in 2021, picking up by 211% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a significant expansion. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the immediate term.

Antisera Exports

Exports from Cuba

In 2021, shipments abroad of antisera and other blood fractions decreased by -59.1% to X tons, falling for the third consecutive year after two years of growth. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 96%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, antisera exports reduced dramatically to $X in 2021. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 56%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand (X tons) was the main destination for antisera exports from Cuba, accounting for a 48% share of total exports. Moreover, antisera exports to Thailand exceeded the volume sent to the second major destination, Germany (X kg), threefold. The third position in this ranking was held by Indonesia (X kg), with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Thailand amounted to +37.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-8.2% per year) and Indonesia (+20.4% per year).

In value terms, Thailand ($X), Argentina ($X) and Germany ($X) constituted the largest markets for antisera exported from Cuba worldwide, together accounting for 57% of total exports. Indonesia, Switzerland, Italy, Ecuador, Peru, Bolivia and Uruguay lagged somewhat behind, together comprising a further 22%.

Ecuador, with a CAGR of +102.0%, saw 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

The average antisera export price stood at $X per kg in 2021, shrinking by -1.5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 94% against the previous year. The export price peaked at $X per kg in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Argentina ($X per kg), while the average price for exports to Uruguay ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into Cuba

Antisera imports into Cuba skyrocketed to X tons in 2021, increasing by 132% on the previous year. Over the period under review, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, antisera imports soared to $X in 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 385%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Costa Rica (X tons) were the main suppliers of antisera imports to Cuba, together accounting for 86% of total imports. These countries were followed by South Korea, Thailand and Italy, which together accounted for a further 10%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +32,233.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest antisera suppliers to Cuba were China ($X), Costa Rica ($X) and Germany ($X), with a combined 89% share of total imports. Thailand, South Korea and Italy lagged somewhat behind, together comprising a further 4.3%.

Among the main suppliers, Thailand, with a CAGR of +23,912.8%, recorded the highest rates of growth with regard to 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

In 2021, the average antisera import price amounted to $X per ton, with an increase of 2.9% against the previous year. In general, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 187% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Costa Rica ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for antisera and other blood fractions in the world?

The countries with the highest volumes of antisera consumption in 2020 were India, the United States and the UK, with a combined 31% share of global consumption. Japan, Spain, France, Germany, Canada, Austria, Ethiopia, Australia, Russia and Belgium lagged somewhat behind, together comprising a further 32%.

What are the largest producers of antisera and other blood fractions in the world?

Switzerland remains the largest antisera producing country worldwide, comprising approx. 30% of total volume. Moreover, antisera production in Switzerland exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by the United States, with a 13% share.

What are the leading suppliers of antisera and other blood fractions to Cuba?

In value terms, Germany constituted the largest supplier of antisera to Cuba, comprising 75% of total imports. The second position in the ranking was occupied by Italy, with a 16% share of total imports. It was followed by the UK, with a 4.2% share.

What are the leading importers of antisera and other blood fractions from Cuba?

In value terms, Thailand, South Africa and Argentina appeared to be the largest markets for antisera exported from Cuba worldwide, together comprising 61% of total exports.

What is the average export price for antisera and other blood fractions in Cuba?

The average antisera export price stood at $921 per kg in 2020, rising by 22% against the previous year.

What is the average import price for antisera and other blood fractions in Cuba?

In 2020, the average antisera import price amounted to $113,372 per ton, reducing by -87% against the previous year.

This report provides an in-depth analysis of the antisera market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21202125 - Antisera, other immunological products which are directly involved in the regulation of immunological processes and other blood fractions

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023