Iraq: Antisera Market 2025

Antisera Market Size in Iraq

The Iraqi antisera market surged to $X in 2021, rising by 26% 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). Over the period under review, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +20.8% against 2018 indices. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Antisera Exports

Exports from Iraq

For the third consecutive year, Iraq recorded growth in shipments abroad of antisera and other blood fractions, which increased by 6.4% to X kg in 2021. Over the period under review, exports, however, faced a dramatic shrinkage. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, antisera exports rose rapidly to $X in 2021. In general, exports, however, recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 7.8%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X kg) was the main destination for antisera exports from Iraq, accounting for a 99% share of total exports. It was followed by Austria (X kg), with a 1.2% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Turkey stood at +6.0%.

In value terms, Turkey ($X) emerged as the key foreign market for antisera and other blood fractions exports from Iraq, comprising 99% of total exports. The second position in the ranking was held by Austria ($X), with less than 0.1% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of value to Turkey totaled +8.1%.

Export Prices by Country

In 2021, the average antisera export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 8.2%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Turkey ($X per ton), while the average price for exports to Austria totaled $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.3%).

Antisera Imports

Imports into Iraq

In 2021, imports of antisera and other blood fractions into Iraq fell to X tons, declining by -7.2% compared with the year before. In general, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, antisera imports skyrocketed to $X in 2021. Overall, imports, however, showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), South Korea (X tons) and Germany (X tons) were the main suppliers of antisera imports to Iraq, with a combined 48% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +71.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest antisera suppliers to Iraq were Switzerland ($X), Germany ($X) and the UK ($X), with a combined 45% share of total imports. These countries were followed by Belgium, South Korea, China, France and Austria, which together accounted for a further 13%.

Among the main suppliers, South Korea, with a CAGR of +90.1%, saw 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 antisera import price stood at $X per ton in 2021, rising by 67% against the previous year. Over the period under review, the import price showed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for China ($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 (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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