Finland: Antisera Market 2024

Antisera Market Size in Finland

In 2021, the Finnish antisera market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.7% against 2016 indices. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Antisera Production in Finland

In value terms, antisera production rose sharply to $X in 2021 estimated in export price. In general, production recorded a remarkable increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 149% against the previous year. Antisera production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Antisera Exports

Exports from Finland

In 2021, exports of antisera and other blood fractions from Finland soared to X tons, growing by 62% compared with the previous year. In general, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, antisera exports surged to $X in 2021. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 37%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X tons), Sweden (X tons) and Mali (X tons) were the main destinations of antisera exports from Finland, together accounting for 62% of total exports. China, Germany, the United States, Norway, South Korea, Brazil, the Czech Republic and Kazakhstan lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +36.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for antisera exported from Finland were China ($X), the United States ($X) and Sweden ($X), with a combined 54% share of total exports. These countries were followed by Norway, Russia, Germany, South Korea, the Czech Republic, Kazakhstan, Brazil and Mali, which together accounted for a further 35%.

The Czech Republic, with a CAGR of +29.8%, 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

The average antisera export price stood at $X per kg in 2021, falling by -19.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 34%. The export price peaked at $X per kg in 2018; however, from 2019 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 Norway ($X per kg), while the average price for exports to Mali ($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 the United States (+5.5%), while the prices for the other major destinations experienced a decline.

Antisera Imports

Imports into Finland

In 2021, approx. X tons of antisera and other blood fractions were imported into Finland; jumping by 72% on the previous year. Overall, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, antisera imports expanded significantly to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.7% against 2017 indices. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), South Korea (X tons) and China (X tons) were the main suppliers of antisera imports to Finland, together comprising 46% of total imports. These countries were followed by Sweden, India, Belgium, the Netherlands, Austria, Switzerland, the United States, the UK and Ireland, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +327.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest antisera suppliers to Finland were Belgium ($X), Germany ($X) and the Netherlands ($X), with a combined 51% share of total imports. Switzerland, Sweden, South Korea, the United States, Austria, China, India, Ireland and the UK lagged somewhat behind, together comprising a further 24%.

India, with a CAGR of +265.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average antisera import price stood at $X per kg in 2021, reducing by -33.7% against the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by 28% against the previous year. The import price peaked at $X per kg in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per kg), while the price for India ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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