Greece: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Greece

The Greek blood-grouping reagents market contracted modestly to $X in 2022, almost unchanged from the previous year. Overall, consumption continues to indicate a pronounced downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Blood-Grouping Reagents Production in Greece

In value terms, blood-grouping reagents production contracted to $X in 2022 estimated in export price. In general, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2015 when the production volume increased by 45% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Blood-Grouping Reagents Exports

Exports from Greece

In 2022, shipments abroad of blood-grouping reagents was finally on the rise to reach X tons after two years of decline. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2017 when exports increased by 366%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, blood-grouping reagents exports soared to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 266%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Cyprus (X tons), Hong Kong SAR (X tons) and Italy (X kg) were the main destinations of blood-grouping reagents exports from Greece, with a combined 90% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +101.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blood-grouping reagents exported from Greece were Hong Kong SAR ($X), Cyprus ($X) and Bulgaria ($X), with a combined 77% share of total exports. Italy, Bahamas and Malta lagged somewhat behind, together comprising a further 21%.

Among the main countries of destination, Italy, with a CAGR of +105.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, rising by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2018 an increase of 60% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into Greece

In 2022, approx. X tons of blood-grouping reagents were imported into Greece; rising by 25% against the previous year. Overall, imports, however, recorded a deep downturn. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, blood-grouping reagents imports rose to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 35%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and Switzerland (X tons) were the main suppliers of blood-grouping reagents imports to Greece, together comprising 67% of total imports. Poland, Turkey, Spain, the UK and France lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +30.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Switzerland ($X) constituted the largest blood-grouping reagents suppliers to Greece, together accounting for 68% of total imports. Turkey, Poland, the UK, Spain and France lagged somewhat behind, together comprising a further 29%.

Turkey, with a CAGR of +40.5%, saw 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

In 2022, the average blood-grouping reagents import price amounted to $X per ton, reducing by -16.3% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blood-grouping reagents import price decreased by +0.6% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 38%. As a result, import price attained the peak level of $X per ton, and then shrank dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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