Scandinavia: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Scandinavia

The Scandinavia blood-grouping reagents market shrank to $X in 2022, leveling off at the previous year. Over the period under review, consumption continues to indicate a abrupt downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Blood-Grouping Reagents Production in Scandinavia

In value terms, blood-grouping reagents production declined slightly to $X in 2022 estimated in export price. In general, production recorded a abrupt contraction. The growth pace was the most rapid in 2013 when the production volume increased by 93%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Blood-Grouping Reagents Exports

Exports in Scandinavia

In 2022, after two years of growth, there was significant decline in overseas shipments of blood-grouping reagents, when their volume decreased by -12.4% to X tons. In general, exports, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2016 when exports increased by 349%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, blood-grouping reagents exports shrank to $X in 2022. Overall, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 113%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden dominates exports structure, amounting to X tons, which was approx. 97% of total exports in 2022. Norway (X kg) held a minor share of total exports.

Sweden was also the fastest-growing in terms of the blood-grouping reagents exports, with a CAGR of +16.0% from 2012 to 2022. At the same time, Norway (+4.1%) displayed positive paces of growth. Sweden (+68 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest blood-grouping reagents supplier in Scandinavia, comprising 98% of total exports. The second position in the ranking was taken by Norway ($X), with a 2.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden amounted to +9.2%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, waning by -2.9% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 35%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-5.8%).

Blood-Grouping Reagents Imports

Imports in Scandinavia

Blood-grouping reagents imports contracted slightly to X tons in 2022, waning by -3.6% on the previous year's figure. Overall, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 20% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, blood-grouping reagents imports shrank to $X in 2022. Over the period under review, imports saw a slight contraction. The pace of growth was the most pronounced in 2016 with an increase of 48%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Sweden represented the key importing country with an import of about X tons, which amounted to 56% of total imports. Norway (X tons) took a 31% share (based on physical terms) of total imports, which put it in second place, followed by Finland (12%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Norway (with a CAGR of +11.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) were the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Norway, with a CAGR of +15.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, falling by -1.7% against the previous year. Overall, the import price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 when the import price increased by 53% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform