Mexico: Blood-Grouping Reagents Market 2025

Blood-Grouping Reagents Market Size in Mexico

In 2022, the Mexican blood-grouping reagents market decreased by -21.1% to $X, falling for the third consecutive year after two years of growth. In general, consumption faced a precipitous decline. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Blood-Grouping Reagents Exports

Exports from Mexico

In 2014, approx. X kg of blood-grouping reagents were exported from Mexico; with a decrease of -42.4% on the previous year. Over the period under review, exports faced a significant curtailment. The smallest decline of -38.2% was in 2013. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2014, the exports remained at a lower figure.

In value terms, blood-grouping reagents exports dropped to $X in 2014. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 14%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

The Dominican Republic (X kg), Honduras (X kg) and Bolivia (X kg) were the main destinations of blood-grouping reagents exports from Mexico, with a combined 97% share of total exports.

From 2012 to 2014, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of +23.8%), while the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), the Dominican Republic ($X) and Honduras ($X) were the largest markets for blood-grouping reagents exported from Mexico worldwide, with a combined 76% share of total exports.

Among the main countries of destination, Bolivia, with a CAGR of +42.8%, 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 more modest paces of growth.

Export Prices by Country

The average blood-grouping reagents export price stood at $X per ton in 2014, picking up by 51% against the previous year. Overall, the export price saw significant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 84% against the previous year. The export price peaked in 2014 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+77.3%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into Mexico

In 2022, overseas purchases of blood-grouping reagents decreased by -21.1% to X kg, falling for the third year in a row after two years of growth. Over the period under review, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2019 when imports increased by 39% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, blood-grouping reagents imports reduced remarkably to $X in 2022. In general, imports faced a precipitous descent. The growth pace was the most rapid in 2014 when imports increased by 38% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X kg) was the main supplier of blood-grouping reagents to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -13.2%.

In value terms, the United States ($X) constituted the largest supplier of blood-grouping reagents to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -11.4%.

Import Prices by Country

The average blood-grouping reagents import price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 an increase of 97%. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +20.7% per year.

Source: IndexBox Platform

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