U.S.: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in the U.S.

The U.S. blood-grouping reagents market totaled $X in 2022, surging by 2.8% against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Blood-Grouping Reagents Production in the U.S.

In value terms, blood-grouping reagents production amounted to $X in 2022. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 35%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Blood-Grouping Reagents Exports

Exports from the U.S.

In 2022, the amount of blood-grouping reagents exported from the United States shrank modestly to X tons, which is down by -4.1% compared with the previous year. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 7.9% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, blood-grouping reagents exports dropped modestly to $X in 2022. In general, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 7.6%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for blood-grouping reagents exports from the United States, with a 47% share of total exports. Moreover, blood-grouping reagents exports to Canada exceeded the volume sent to the second major destination, Germany (X tons), fivefold. Japan (X tons) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.0% per year) and Japan (-9.0% per year).

In value terms, the largest markets for blood-grouping reagents exported from the United States were Japan ($X), Germany ($X) and France ($X), together accounting for 47% of total exports. Canada, China, Mexico, the UK, Barbados, Jamaica and Brazil lagged somewhat behind, together comprising a further 27%.

Mexico, with a CAGR of +18.2%, 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

The average blood-grouping reagents export price stood at $X per ton in 2022, approximately reflecting the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blood-grouping reagents export price increased by +55.2% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 28% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Canada ($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 Mexico (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Blood-Grouping Reagents Imports

Imports into the U.S.

In 2022, supplies from abroad of blood-grouping reagents increased by 0.5% to X tons, rising for the third consecutive year after two years of decline. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 125%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, blood-grouping reagents imports dropped to $X in 2022. Over the period under review, imports enjoyed strong growth. The pace of growth was the most pronounced in 2017 with an increase of 80%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of blood-grouping reagents imports to the United States, together comprising 67% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +96.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blood-grouping reagents suppliers to the United States were Germany ($X), Spain ($X) and the UK ($X), with a combined 68% share of total imports.

Spain, with a CAGR of +99.8%, saw the highest growth rate of the value of imports, among the main suppliers 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, declining by -1.7% against the previous year. In general, the import price showed a mild curtailment. The growth pace was the most rapid in 2019 an increase of 54%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($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 (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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