Luxembourg: 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 Luxembourg

The Luxembourg human and animal blood market contracted to $X in 2021, waning by -X% against the previous year. Over the period under review, consumption saw a buoyant increase. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Production of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses in Luxembourg

In value terms, human and animal blood production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate significant growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Human and animal blood production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

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

Exports from Luxembourg

Human and animal blood exports from Luxembourg skyrocketed to X tons in 2021, rising by X% on the year before. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, human and animal blood exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for human and animal blood exports from Luxembourg, with a X% share of total exports. Moreover, human and animal blood exports to Germany exceeded the volume sent to the second major destination, France (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Belgium (+X% per year).

In value terms, Germany ($X) remains the key foreign market for human and animal blood exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Belgium (+X% per year).

Export Prices by Country

The average human and animal blood export price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the export price, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($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 France (+X%), while the prices for the other major destinations experienced a decline.

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

Imports into Luxembourg

In 2021, approx. X tons of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses were imported into Luxembourg; surging by X% against 2020. Over the period under review, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, human and animal blood imports skyrocketed to $X in 2021. Overall, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Belgium (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of human and animal blood imports to Luxembourg, with a combined X% share of total imports.

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

In value terms, the largest human and animal blood suppliers to Luxembourg were the United States ($X), Belgium ($X) and France ($X), together comprising X% of total imports.

The United States, with a CAGR of +X%, recorded the highest rates of growth with regard to 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, dropping by -X% against the previous year. Over the period under review, the import price, however, saw a tangible increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then reduced sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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