Kuwait: 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 Kuwait

In 2021, after two years of growth, there was significant decline in the Kuwaiti human and animal blood market, when its value decreased by -X% to $X. In general, consumption, however, showed a strong expansion. Human and animal blood consumption peaked at $X in 2020, and then dropped in the following year.

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

Exports from Kuwait

After three years of growth, shipments abroad of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses decreased by -X% to X tons in 2021. Overall, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, human and animal blood exports declined significantly to $X in 2021. In general, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell significantly in the following year.

Exports by Country

The United Arab Emirates (X tons), the UK (X tons) and France (X kg) were the main destinations of human and animal blood exports from Kuwait, together comprising X% of total exports.

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

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for human and animal blood exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and France (-X% per year).

Export Prices by Country

In 2021, the average human and animal blood export price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Cyprus ($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 the United Arab Emirates (+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 Kuwait

Human and animal blood imports into Kuwait shrank to X tons in 2021, which is down by -X% on the previous year. In general, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, human and animal blood imports shrank to $X in 2021. Overall, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2020, and then contracted in the following year.

Imports by Country

In 2021, Jordan (X tons) constituted the largest supplier of human and animal blood to Kuwait, with a X% share of total imports. Moreover, human and animal blood imports from Jordan exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Jordan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Germany (-X% per year).

In value terms, Ireland ($X), the UK ($X) and the United States ($X) were the largest human and animal blood suppliers to Kuwait, with a combined X% share of total imports.

The UK, with a CAGR of +X%, 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

In 2021, the average human and animal blood import price amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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