Russian Federation: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in the Russian Federation

For the sixth consecutive year, the Russian blood-grouping reagents market recorded growth in sales value, which increased by 23% to $X in 2022. In general, consumption posted a buoyant expansion. Blood-grouping reagents consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Blood-Grouping Reagents Production in the Russian Federation

In value terms, blood-grouping reagents production rose markedly to $X in 2022 estimated in export price. Over the period under review, production showed a resilient increase. The growth pace was the most rapid in 2015 when the production volume increased by 52% against the previous year. Blood-grouping reagents production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Blood-Grouping Reagents Exports

Exports from the Russian Federation

In 2022, approx. X tons of blood-grouping reagents were exported from Russia; with a decrease of -11% compared with the previous year's figure. Overall, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by 148% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, blood-grouping reagents exports amounted to $X in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by 241%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) was the main destination for blood-grouping reagents exports from Russia, accounting for a 69% share of total exports. Moreover, blood-grouping reagents exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X kg), eightfold. Belarus (X kg) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to +39.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+0.5% per year) and Belarus (+27.1% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for blood-grouping reagents exports from Russia, comprising 62% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an 8.8% share of total exports. It was followed by Belarus, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan amounted to +32.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+3.2% per year) and Belarus (+28.6% per year).

Export Prices by Country

The average blood-grouping reagents export price stood at $X per ton in 2022, surging by 14% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blood-grouping reagents export price decreased by -14.2% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into the Russian Federation

In 2022, overseas purchases of blood-grouping reagents decreased by -2.8% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.2% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by 30%. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell modestly in the following year.

In value terms, blood-grouping reagents imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 32% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Switzerland (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of blood-grouping reagents imports to Russia, together accounting for 71% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +97.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of blood-grouping reagents to Russia, comprising 35% of total imports. The second position in the ranking was taken by the UK ($X), with a 17% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Switzerland stood at +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+61.6% per year) and Germany (+16.6% per year).

Import Prices by Country

The average blood-grouping reagents import price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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