Report Update Nov 1, 2024

Sri Lanka - Blood-Grouping Reagents - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Sri Lanka

The Sri Lankan blood-grouping reagents market surged to $X in 2022, increasing by 36% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a pronounced decrease. Blood-grouping reagents consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Blood-Grouping Reagents Exports

Exports from Sri Lanka

In 2022, the amount of blood-grouping reagents exported from Sri Lanka skyrocketed to X kg, increasing by 56% compared with 2021. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 300%. As a result, the exports reached the peak of X kg. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, blood-grouping reagents exports contracted to $X in 2022. In general, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 1,211% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Maldives (X kg) was the main destination for blood-grouping reagents exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives stood at +21.5%.

In value terms, Maldives ($X) also remains the key foreign market for blood-grouping reagents exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives amounted to +14.1%.

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, falling by -43.3% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 228%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +145.6% per year.

Blood-Grouping Reagents Imports

Imports into Sri Lanka

In 2022, the amount of blood-grouping reagents imported into Sri Lanka expanded rapidly to X tons, picking up by 14% on the previous year. Overall, imports, however, continue to indicate a noticeable downturn. The growth pace was the most rapid in 2015 when imports increased by 738% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, blood-grouping reagents imports soared to $X in 2022. Over the period under review, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2015 with an increase of 605% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of blood-grouping reagents to Sri Lanka, accounting for a 69% share of total imports. Moreover, blood-grouping reagents imports from Australia exceeded the figures recorded by the second-largest supplier, the UK (X kg), fivefold. France (X kg) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from Australia stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+15.7% per year) and France (+4.6% per year).

In value terms, Australia ($X) constituted the largest supplier of blood-grouping reagents to Sri Lanka, comprising 70% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports. It was followed by the UK, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from Australia stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.8% per year) and the UK (+8.9% per year).

Import Prices by Country

The average blood-grouping reagents import price stood at $X per ton in 2022, growing by 30% against the previous year. Over the period under review, the import price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for blood-grouping reagents in the world?

China remains the largest blood-grouping reagents consuming country worldwide, accounting for 26% of total volume. Moreover, blood-grouping reagents consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 11% share.

What are the largest producers of blood-grouping reagents in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 51% of global production. These countries were followed by Germany, Japan, Russia, the UK, Indonesia, Switzerland, Spain, Nigeria and Canada, which together accounted for a further 33%.

What are the leading suppliers of blood-grouping reagents to Sri Lanka?

In value terms, Australia constituted the largest supplier of blood-grouping reagents to Sri Lanka, comprising 64% of total imports. The second position in the ranking was occupied by the United States, with an 11% share of total imports. It was followed by France, with a 6.1% share.

What are the leading importers of blood-grouping reagents from Sri Lanka?

In value terms, Maldives $794) remains the key foreign market for blood-grouping reagents exports from Sri Lanka, comprising 79% of total exports. The second position in the ranking was occupied by Singapore $215), with a 21% share of total exports.

What is the average export price for blood-grouping reagents in Sri Lanka?

In 2021, the average blood-grouping reagents export price amounted to $112,111 per ton, growing by 3.2% against the previous year.

What is the average import price for blood-grouping reagents in Sri Lanka?

In 2021, the average blood-grouping reagents import price amounted to $146,575 per ton, falling by -25.6% against the previous year.

This report provides an in-depth analysis of the blood-grouping reagents market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21202320 - Blood-grouping reagents

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023