Spain: Antisera Market 2024

Antisera Market Size in Spain

The Spanish antisera market declined sharply to $X in 2021, falling by -68.4% against the previous year. In general, consumption saw a deep downturn. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Antisera Production in Spain

In value terms, antisera production expanded modestly to $X in 2021 estimated in export price. Overall, production showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 12% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Antisera Exports

Exports from Spain

In 2021, antisera exports from Spain totaled X tons, flattening at 2020. Overall, exports showed a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 43%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, antisera exports shrank slightly to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 26%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons), Italy (X tons) and Ireland (X tons) were the main destinations of antisera exports from Spain, together comprising 57% of total exports. France, the Netherlands, Greece, Portugal, the UK, China, Germany and Poland lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +43.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for antisera exported from Spain were the United States ($X), Ireland ($X) and Italy ($X), with a combined 64% share of total exports. The Netherlands, China, France, Germany, Portugal, the UK, Poland and Greece lagged somewhat behind, together accounting for a further 14%.

Among the main countries of destination, the Netherlands, with a CAGR of +47.9%, 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 average antisera export price stood at $X per ton in 2021, waning by -3.1% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 an increase of 25%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Ireland ($X per ton), while the average price for exports to Greece ($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 Poland (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into Spain

In 2021, after nine years of growth, there was significant decline in purchases abroad of antisera and other blood fractions, when their volume decreased by -26.8% to X tons. Overall, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 20%. As a result, imports attained the peak of X tons, and then fell significantly in the following year.

In value terms, antisera imports expanded modestly to $X in 2021. In general, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 22% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

The United States (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of antisera imports to Spain, together comprising 53% of total imports. These countries were followed by France, the UK, Ireland, Switzerland, Belgium and Italy, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +32.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest antisera suppliers to Spain were Belgium ($X), Germany ($X) and the Netherlands ($X), together comprising 58% of total imports. The United States, Switzerland, Ireland, the UK, France and Italy lagged somewhat behind, together accounting for a further 35%.

Among the main suppliers, France, with a CAGR of +36.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average antisera import price stood at $X per ton in 2021, growing by 43% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for France ($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 (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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