Ireland: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Ireland

After two years of growth, the Irish blood-grouping reagents market decreased by -8.1% to $X in 2022. In general, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +85.6% against 2017 indices. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Blood-Grouping Reagents Production in Ireland

In value terms, blood-grouping reagents production fell markedly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when the production volume increased by 179% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports from Ireland

After two years of growth, overseas shipments of blood-grouping reagents decreased by -45.7% to X tons in 2022. In general, exports showed a perceptible reduction. The pace of growth was the most pronounced in 2021 when exports increased by 1,068%. As a result, the exports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, blood-grouping reagents exports declined significantly to $X in 2022. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 987%. As a result, the exports attained the peak of $X, and then declined rapidly in the following year.

Exports by Country

The UK (X tons) was the main destination for blood-grouping reagents exports from Ireland, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to +11.5%.

In value terms, the UK ($X) also remains the key foreign market for blood-grouping reagents exports from Ireland.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +5.0%.

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 34%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -5.8% per year.

Blood-Grouping Reagents Imports

Imports into Ireland

In 2022, approx. X tons of blood-grouping reagents were imported into Ireland; remaining constant against the previous year's figure. In general, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, blood-grouping reagents imports reduced to $X in 2022. Overall, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 608%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest blood-grouping reagents supplier to Ireland, with a 74% share of total imports. Moreover, blood-grouping reagents imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), sixfold. The third position in this ranking was held by the UK (X tons), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +99.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-5.5% per year) and the UK (-16.0% per year).

In value terms, the largest blood-grouping reagents suppliers to Ireland were Switzerland ($X), Germany ($X) and the UK ($X), with a combined 83% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +86.9%, 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 blood-grouping reagents import price stood at $X per ton in 2022, reducing by -7% against the previous year. Overall, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 312%. The import price peaked at $X per ton in 2021, and then dropped 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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+37.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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