Spain: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Spain

The Spanish blood-grouping reagents market contracted rapidly to $X in 2022, dropping by -15% against the previous year. Overall, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +14.9% against 2020 indices. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Blood-Grouping Reagents Production in Spain

In value terms, blood-grouping reagents production dropped to $X in 2022 estimated in export price. In general, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.2% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 90%. Blood-grouping reagents production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Blood-Grouping Reagents Exports

Exports from Spain

In 2022, overseas shipments of blood-grouping reagents increased by 1.2% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.9% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 33% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, blood-grouping reagents exports shrank to $X in 2022. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 28%. The exports peaked at $X in 2021, and then fell modestly in the following year.

Exports by Country

China (X tons), Brazil (X tons) and Turkey (X tons) were the main destinations of blood-grouping reagents exports from Spain, with a combined 33% share of total exports. France, the United States, Mexico, Poland, the UK, Italy, Chile, Russia, Japan and Germany lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +63.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Mexico ($X) were the largest markets for blood-grouping reagents exported from Spain worldwide, with a combined 37% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +73.3%, 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 blood-grouping reagents export price stood at $X per ton in 2022, reducing by -2.5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 11% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average 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 the United States ($X per ton), while the average price for exports to the UK ($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 the United States (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into Spain

In 2022, overseas purchases of blood-grouping reagents decreased by -28.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 71% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, blood-grouping reagents imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.8% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 32%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest blood-grouping reagents supplier to Spain, with a 49% share of total imports. Moreover, blood-grouping reagents imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Switzerland (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled -9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.5% per year) and Switzerland (+10.2% per year).

In value terms, France ($X) constituted the largest supplier of blood-grouping reagents to Spain, comprising 38% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by the UK, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.2% per year) and the UK (-8.1% per year).

Import Prices by Country

The average blood-grouping reagents import price stood at $X per ton in 2022, jumping by 67% against the previous year. In general, the import price enjoyed a buoyant increase. The import price peaked at $X per ton in 2019; however, from 2020 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 the UK ($X per ton), while the price for Croatia ($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 (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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