Denmark: Antisera Market 2024

Antisera Market Size in Denmark

The Danish antisera market skyrocketed to $X in 2021, increasing by 20% against the previous year. Over the period under review, consumption posted a strong expansion. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Antisera Production in Denmark

In value terms, antisera production dropped remarkably to $X in 2021 estimated in export price. In general, production saw a slight downturn. The pace of growth appeared the most rapid in 2020 with an increase of 441%. As a result, production attained the peak level of $X, and then dropped significantly in the following year.

Antisera Exports

Exports from Denmark

For the third year in a row, Denmark recorded growth in overseas shipments of antisera and other blood fractions, which increased by 20% to X tons in 2021. Overall, exports posted resilient growth. The pace of growth was the most pronounced in 2013 with an increase of 64% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, antisera exports surged to $X in 2021. In general, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 91%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for antisera exports from Denmark, with a 20% share of total exports. Moreover, antisera exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was taken by Tunisia (X tons), with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.0% per year) and Tunisia (+122.3% per year).

In value terms, the largest markets for antisera exported from Denmark were the United States ($X), Switzerland ($X) and Germany ($X), together accounting for 20% of total exports. These countries were followed by Sweden, Finland, the Czech Republic, the Netherlands, Tunisia, China, Belgium, Norway, Indonesia and Montenegro, which together accounted for a further 14%.

Montenegro, with a CAGR of +112.9%, saw the highest growth rate of the value of exports, in terms of 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 2021, the average antisera export price amounted to $X per kg, picking up by 25% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 58%. The export price peaked at $X per kg in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per kg), while the average price for exports to China ($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 Finland (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into Denmark

After two years of decline, overseas purchases of antisera and other blood fractions increased by 9.5% to X tons in 2021. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 92% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, antisera imports skyrocketed to $X in 2021. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest antisera supplier to Denmark, with a 58% share of total imports. Moreover, antisera imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold. The third position in this ranking was taken by Ireland (X tons), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+47.6% per year) and Ireland (+72.9% per year).

In value terms, Germany ($X) constituted the largest supplier of antisera and other blood fractions to Denmark, comprising 34% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by Austria, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+40.4% per year) and Austria (+66.1% per year).

Import Prices by Country

In 2021, the average antisera import price amounted to $X per ton, jumping by 20% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, antisera import price increased by +128.9% against 2017 indices. The growth pace was the most rapid in 2019 when the average import price increased by 48% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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