Italy: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Italy

After two years of growth, the Italian blood-grouping reagents market decreased by -6.5% to $X in 2022. Overall, consumption, however, showed a relatively flat trend pattern. Blood-grouping reagents consumption peaked at $X in 2021, and then reduced in the following year.

Blood-Grouping Reagents Production in Italy

In value terms, blood-grouping reagents production soared to $X in 2022 estimated in export price. In general, production, however, faced a abrupt curtailment. Blood-grouping reagents production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports from Italy

Blood-grouping reagents exports from Italy fell sharply to X tons in 2022, waning by -56.4% compared with the previous year. In general, exports saw a deep contraction. The growth pace was the most rapid in 2017 with an increase of 99% against the previous year. The exports peaked at X tons in 2021, and then shrank markedly in the following year.

In value terms, blood-grouping reagents exports surged to $X in 2022. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 255%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), the Netherlands (X kg) and Switzerland (X kg) were the main destinations of blood-grouping reagents exports from Italy, together accounting for 92% 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 the Netherlands (with a CAGR of +53.5%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for blood-grouping reagents exports from Italy, comprising 65% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 22% share of total exports. It was followed by Switzerland, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+33.7% per year) and Switzerland (-6.6% per year).

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, rising by 182% against the previous year. In general, the export price, however, saw a deep setback. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($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 Kazakhstan (+81.9%), while the prices for the other major destinations experienced mixed trend patterns.

Blood-Grouping Reagents Imports

Imports into Italy

In 2022, after two years of growth, there was significant decline in supplies from abroad of blood-grouping reagents, when their volume decreased by -11.3% to X tons. Over the period under review, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.7% 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 -0.6% against 2018 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 43% against the previous year. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, blood-grouping reagents imports reduced to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +2.0% against 2018 indices. The pace of growth was the most pronounced in 2017 when imports increased by 27%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of blood-grouping reagents to Italy, accounting for a 54% share of total imports. Moreover, blood-grouping reagents imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.7% per year) and Spain (+19.0% per year).

In value terms, Germany ($X), France ($X) and Austria ($X) were the largest blood-grouping reagents suppliers to Italy, together comprising 82% of total imports.

Austria, with a CAGR of +57.9%, recorded the highest growth rate of 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

The average blood-grouping reagents import price stood at $X per ton in 2022, with an increase of 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2014 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a 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 Austria ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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