MENA: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in MENA

After two years of growth, the MENA's blood-grouping reagents market decreased by -36.7% to $X in 2022. Over the period under review, consumption, however, saw a pronounced decline. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Blood-Grouping Reagents Production in MENA

In value terms, blood-grouping reagents production totaled $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 20%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports in MENA

In 2022, shipments abroad of blood-grouping reagents increased by 48% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 223%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, blood-grouping reagents exports surged to $X in 2022. In general, exports enjoyed a strong increase. The growth pace was the most rapid in 2015 with an increase of 85%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Egypt (X tons) represented the largest exporter of blood-grouping reagents, creating 43% of total exports. Turkey (X tons) held the second position in the ranking, distantly followed by the United Arab Emirates (X tons) and Israel (X tons). All these countries together took approx. 56% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +45.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Turkey ($X) and Israel ($X) constituted the countries with the highest levels of exports in 2022, with a combined 82% share of total exports.

Among the main exporting countries, Egypt, with a CAGR of +59.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, with a decrease of -16.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 130%. Over the period under review, the export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+52.2%), while the other leaders experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports in MENA

In 2022, after four years of decline, there was significant growth in supplies from abroad of blood-grouping reagents, when their volume increased by 10% to X tons. In general, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2014 when imports increased by 57% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, blood-grouping reagents imports surged to $X in 2022. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 45% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Saudi Arabia represented the largest importing country with an import of about X tons, which finished at 43% of total imports. It was distantly followed by Turkey (X tons), Kuwait (X tons), the United Arab Emirates (X tons) and Israel (X tons), together mixing up a 40% share of total imports. The following importers - Morocco (X tons) and Oman (X tons) - together made up 5.9% of total imports.

From 2012 to 2022, average annual rates of growth with regard to blood-grouping reagents imports into Saudi Arabia stood at -13.5%. At the same time, Kuwait (+25.7%), Morocco (+13.6%), Oman (+7.5%), the United Arab Emirates (+6.5%) and Israel (+5.9%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of +25.7% from 2012-2022. By contrast, Turkey (-2.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait, Turkey, the United Arab Emirates, Israel, Morocco and Oman increased by +11, +8.3, +3.8, +3.6, +3 and +1.9 percentage points, respectively.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported blood-grouping reagents in MENA, comprising 45% of total imports. The second position in the ranking was taken by Kuwait ($X), with a 19% share of total imports. It was followed by Turkey, with an 11% share.

In Saudi Arabia, blood-grouping reagents imports contracted by an average annual rate of -9.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (+20.3% per year) and Turkey (-6.2% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, picking up by 8.7% against the previous year. In general, the import price saw a perceptible increase. The pace of growth appeared the most rapid in 2019 when the import price increased by 46%. Over the period under review, import prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform