Sweden: Antisera Market 2024

Antisera Market Size in Sweden

In 2021, after two years of growth, there was significant decline in the Swedish antisera market, when its value decreased by -39.1% to $X. In general, consumption showed a pronounced descent. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Antisera Production in Sweden

In value terms, antisera production surged to $X in 2021 estimated in export price. In general, production, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 231% against the previous year. Over the period under review, production reached the peak level in 2021 and is expected to retain growth in the immediate term.

Antisera Exports

Exports from Sweden

In 2021, approx. X tons of antisera and other blood fractions were exported from Sweden; shrinking by -9.7% compared with the previous year. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 59% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then fell in the following year.

In value terms, antisera exports skyrocketed to $X in 2021. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2018 when exports increased by 36% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for antisera exports from Sweden, accounting for a 56% share of total exports. Moreover, antisera exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), sevenfold. The third position in this ranking was held by Austria (X tons), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+130.4% per year) and Austria (+18.4% per year).

In value terms, Germany ($X), the United States ($X) and the Netherlands ($X) appeared to be the largest markets for antisera exported from Sweden worldwide, with a combined 56% share of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +136.8%, recorded the highest rates of growth with regard to 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 kg in 2021, picking up by 37% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, antisera export price increased by +50.4% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per kg), while the average price for exports to Japan ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into Sweden

In 2021, purchases abroad of antisera and other blood fractions decreased by -29.3% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2019 with an increase of 85%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, antisera imports dropped modestly to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +85.7% against 2013 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 22% against the previous year. Imports peaked at $X in 2020, and then dropped modestly in the following year.

Imports by Country

Germany (X tons), the United States (X tons) and Austria (X tons) were the main suppliers of antisera imports to Sweden, together accounting for 73% of total imports. Italy, Denmark, Poland, the Netherlands, Switzerland, Belgium and the UK lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +102.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of antisera and other blood fractions to Sweden, comprising 34% of total imports. The second position in the ranking was held by Belgium ($X), with a 15% share of total imports. It was followed by the United States, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+7.7% per year) and the United States (+40.5% per year).

Import Prices by Country

In 2021, the average antisera import price amounted to $X per kg, picking up by 41% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, antisera import price increased by +96.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 59%. Over the period under review, average import prices reached the peak figure at $X per kg in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per kg), while the price for Austria ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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