Ghana: Market for Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses 2022

Market Size for Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses in Ghana

The Ghanian human and animal blood market declined remarkably to $X in 2021, with a decrease of -X% 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). Overall, consumption showed a deep reduction. Human and animal blood consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses

Exports from Ghana

In 2021, approx. X kg of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses were exported from Ghana; with an increase of X% against 2020 figures. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X kg. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, human and animal blood exports surged to $X in 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X kg), Kenya (X kg) and France (X kg) were the main destinations of human and animal blood exports from Ghana, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), Belgium ($X) and France ($X) were the largest markets for human and animal blood exported from Ghana worldwide, together comprising X% of total exports.

Kenya, with a CAGR of +X%, saw the highest rates of growth with regard to 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 human and animal blood export price amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

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

Imports of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses

Imports into Ghana

Human and animal blood imports into Ghana shrank dramatically to X tons in 2021, with a decrease of -X% on 2020. In general, imports faced a deep downturn. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, human and animal blood imports plummeted to $X in 2021. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Switzerland (X tons) constituted the largest human and animal blood supplier to Ghana, accounting for a X% share of total imports. Moreover, human and animal blood imports from Switzerland exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Switzerland amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and France (+X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of human and animal blood to Ghana, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Switzerland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Denmark (+X% per year).

Import Prices by Country

The average human and animal blood import price stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2020, and then reduced modestly in the following year.

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

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

Source: IndexBox Platform

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