Report Update Nov 1, 2024

Cuba - Blood-Grouping Reagents - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Cuba

In 2021, after three years of growth, there was significant decline in the Cuban blood-grouping reagents market, when its value decreased by -22.3% to $X. Overall, consumption, however, enjoyed a moderate increase. As a result, consumption attained the peak level of $X, and then contracted sharply in the following year.

Blood-Grouping Reagents Production in Cuba

In value terms, blood-grouping reagents production dropped dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Blood-Grouping Reagents Exports

Exports from Cuba

In 2020, exports of blood-grouping reagents from Cuba amounted to X kg, leveling off at 2019. Overall, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2013 when exports increased by 56% against the previous year. As a result, the exports reached the peak of X kg. From 2014 to 2020, the growth of the exports remained at a lower figure.

In value terms, blood-grouping reagents exports amounted to $X in 2020. In general, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2013 when exports increased by 77%. As a result, the exports attained the peak of $X. From 2014 to 2020, the growth of the exports failed to regain momentum.

Exports by Country

El Salvador (X kg) was the main destination for blood-grouping reagents exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to El Salvador was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to El Salvador was relatively modest.

Export Prices by Country

The average blood-grouping reagents export price stood at $X per ton in 2020, almost unchanged from the previous year. Over the period under review, the export price recorded a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 13%. The export price peaked in 2020 and is likely to continue growth in years to come.

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

From 2012 to 2020, the rate of growth in terms of prices for Venezuela amounted to +13.4% per year.

Blood-Grouping Reagents Imports

Imports into Cuba

In 2021, purchases abroad of blood-grouping reagents increased by 13% to X kg, rising for the fourth year in a row after three years of decline. In general, imports posted a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 155% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, blood-grouping reagents imports declined to $X in 2021. Over the period under review, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of 284%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X kg) was the main supplier of blood-grouping reagents to Cuba, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +12.0%.

In value terms, Spain ($X) constituted the largest supplier of blood-grouping reagents to Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +17.3%.

Import Prices by Country

In 2021, the average blood-grouping reagents import price amounted to $X per ton, reducing by -19.7% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, blood-grouping reagents import price decreased by -35.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 55% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +566.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for blood-grouping reagents in the world?

China remains the largest blood-grouping reagents consuming country worldwide, accounting for 26% of total volume. Moreover, blood-grouping reagents consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 11% share.

What are the largest producers of blood-grouping reagents in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 51% of global production. Germany, Japan, Russia, the UK, Indonesia, Switzerland, Spain, Nigeria and Canada lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of blood-grouping reagents to Cuba?

In value terms, Spain constituted the largest supplier of blood-grouping reagents to Cuba.

What is the average export price for blood-grouping reagents in Cuba?

In 2020, the average blood-grouping reagents export price amounted to $193,031 per ton, approximately reflecting the previous year.

What is the average import price for blood-grouping reagents in Cuba?

The average blood-grouping reagents import price stood at $210,253 per ton in 2021, growing by 12% against the previous year.

This report provides an in-depth analysis of the blood-grouping reagents 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 21202320 - Blood-grouping reagents

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