Turkey: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Turkey

The Turkish blood-grouping reagents market rose modestly to $X in 2022, picking up by 2.1% against the previous year. In general, consumption, however, recorded a mild shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Blood-Grouping Reagents Production in Turkey

In value terms, blood-grouping reagents production reached $X in 2022 estimated in export price. Overall, production continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2013 when the production volume increased by 32%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Blood-Grouping Reagents Exports

Exports from Turkey

In 2022, approx. X tons of blood-grouping reagents were exported from Turkey; with a decrease of -12.1% compared with the previous year's figure. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 554% against the previous year. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, blood-grouping reagents exports fell to $X in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 434% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X tons), Kazakhstan (X tons) and Iran (X tons) were the main destinations of blood-grouping reagents exports from Turkey, with a combined 36% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +132.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blood-grouping reagents exported from Turkey were Azerbaijan ($X), Kazakhstan ($X) and Germany ($X), with a combined 41% share of total exports.

Germany, with a CAGR of +141.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Syrian Arab Republic ($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 Kazakhstan (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into Turkey

In 2022, imports of blood-grouping reagents into Turkey soared to X tons, jumping by 19% on the previous year. Over the period under review, imports, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2016 when imports increased by 85%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, blood-grouping reagents imports soared to $X in 2022. Overall, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2016 when imports increased by 56%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of blood-grouping reagents to Turkey, with a 59% share of total imports. Moreover, blood-grouping reagents imports from Spain exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-9.9% per year) and the United States (-3.8% per year).

In value terms, the largest blood-grouping reagents suppliers to Turkey were Spain ($X), Switzerland ($X) and the United States ($X), with a combined 87% share of total imports. The UK, Germany and France lagged somewhat behind, together accounting for a further 11%.

In terms of the main suppliers, France, with a CAGR of +9.2%, saw 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

In 2022, the average blood-grouping reagents import price amounted to $X per ton, stabilizing at the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of 11%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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