Hungary: 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 Hungary

The Hungarian human and animal blood market dropped dramatically to $X in 2021, waning by -X% against the previous year. Over the period under review, consumption, however, saw a strong expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses in Hungary

In value terms, human and animal blood production rose rapidly to $X in 2021 estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Human and animal blood production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

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

Exports from Hungary

In 2021, overseas shipments of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, human and animal blood exports soared to $X in 2021. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X tons), Germany (X tons) and Austria (X tons) were the main destinations of human and animal blood exports from Hungary, together accounting for X% of total exports.

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

In value terms, Singapore ($X), Austria ($X) and Germany ($X) appeared to be the largest markets for human and animal blood exported from Hungary worldwide, together comprising X% of total exports.

Austria, with a CAGR of +X%, saw 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 more modest paces of growth.

Export Prices by Country

In 2021, the average human and animal blood export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, saw a mild curtailment. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Ukraine ($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 Austria (+X%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Hungary

Human and animal blood imports into Hungary contracted to X tons in 2021, shrinking by -X% against 2020 figures. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, human and animal blood imports shrank to $X in 2021. Overall, imports, however, posted buoyant growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main suppliers of human and animal blood imports to Hungary, together accounting for X% of total imports. These countries were followed by Belgium, Poland and Denmark, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Italy ($X) and France ($X) were the largest human and animal blood suppliers to Hungary, with a combined X% share of total imports. Germany, Denmark and Poland lagged somewhat behind, together comprising a further X the main suppliers, Poland, with a CAGR of +X%, saw the highest growth rate of 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 human and animal blood import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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