Latin America and the Caribbean: 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 Latin America and the Caribbean

In 2021, the Latin American human and animal blood market increased by X% to $X, rising for the sixth consecutive year after two years of decline. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% 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 +X% against 2015 indices. The level of consumption peaked in 2021 and is likely to see steady growth in years to come.

Production of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses in Latin America and the Caribbean

In value terms, human and animal blood production dropped slightly to $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

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

Exports in Latin America and the Caribbean

In 2021, human and animal blood exports in Latin America and the Caribbean rose sharply to X tons, with an increase of X% on the year before. Over the period under review, exports, however, saw a slight slump. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, human and animal blood exports fell markedly to $X in 2021. In general, exports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Argentina (X tons) was the major exporter of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses, committing X% of total exports. Brazil (X tons) ranks second in terms of the total exports with a X% share, followed by Colombia (X%).

From 2012 to 2021, average annual rates of growth with regard to human and animal blood exports from Argentina stood at -X%. At the same time, Brazil (+X%) and Colombia (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. Brazil (+X p.p.) and Colombia (+X p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Argentina ($X), Brazil ($X) and Colombia ($X) constituted the countries with the highest levels of exports in 2021, together accounting for X% of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, with a decrease of -X% against the previous year. Overall, the export price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-X%), while the other leaders experienced a decline in the export price figures.

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

Imports in Latin America and the Caribbean

Human and animal blood imports surged to X tons in 2021, growing by X% compared with the previous year's figure. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2019 with an increase of X%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, human and animal blood imports soared to $X in 2021. In general, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil represented the largest importer of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses in Latin America and the Caribbean, with the volume of imports accounting for X tons, which was near X% of total imports in 2021. Argentina (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mexico (X%), Ecuador (X%), Paraguay (X%) and the Dominican Republic (X%). Chile (X tons) followed a long way behind the leaders.

Imports into Brazil increased at an average annual rate of +X% from 2012 to 2021. At the same time, the Dominican Republic (+X%), Ecuador (+X%), Paraguay (+X%), Chile (+X%), Argentina (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. While the share of Ecuador (+X p.p.), the Dominican Republic (+X p.p.), Paraguay (+X p.p.) and Argentina (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Mexico (-X p.p.) and Brazil (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by the Dominican Republic ($X), with a X% share of total imports. It was followed by Mexico, with an X% share.

From 2012 to 2021, the average annual growth rate of value in Brazil totaled +X%. In the other countries, the average annual rates were as follows: the Dominican Republic (+X% per year) and Mexico (+X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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