Guatemala: Blood-Grouping Reagents Market 2025

Blood-Grouping Reagents Market Size in Guatemala

The Guatemalan blood-grouping reagents market shrank modestly to $X in 2022, waning by -2.5% against the previous year. Overall, consumption recorded a pronounced setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Blood-Grouping Reagents Production in Guatemala

In value terms, blood-grouping reagents production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 9.4%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Blood-Grouping Reagents Exports

Exports from Guatemala

In 2022, the amount of blood-grouping reagents exported from Guatemala shrank to X kg, declining by -5.8% compared with 2021. Over the period under review, exports faced a abrupt decrease. The exports peaked at X kg in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, blood-grouping reagents exports stood at $X in 2022. Overall, exports, however, saw a remarkable increase. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Honduras (X kg) was the main destination for blood-grouping reagents exports from Guatemala, with a 78% share of total exports. Moreover, blood-grouping reagents exports to Honduras exceeded the volume sent to the second major destination, El Salvador (X kg), fourfold.

From 2014 to 2022, the average annual rate of growth in terms of volume to Honduras amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (-30.0% per year) and Belize (-35.6% per year).

In value terms, El Salvador ($X), Honduras ($X) and Belize ($X) were the largest markets for blood-grouping reagents exported from Guatemala worldwide, together comprising 94% of total exports.

Honduras, with a CAGR of +17.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, surging by 18% against the previous year. In general, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 120%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+56.6%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into Guatemala

In 2022, imports of blood-grouping reagents into Guatemala shrank to X tons, waning by -8.5% on the previous year's figure. Overall, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 225%. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell in the following year.

In value terms, blood-grouping reagents imports dropped slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 196% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

China (X tons), the United States (X tons) and Switzerland (X tons) were the main suppliers of blood-grouping reagents imports to Guatemala, with a combined 76% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +70.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest blood-grouping reagents suppliers to Guatemala were the United States ($X), Switzerland ($X) and Spain ($X), together accounting for 57% of total imports. China, Germany, Panama and Argentina lagged somewhat behind, together accounting for a further 28%.

Among the main suppliers, China, with a CAGR of +56.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average blood-grouping reagents import price stood at $X per ton in 2022, picking up by 6.8% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 33% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+19.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform