United Arab Emirates: Antisera Market 2024

Antisera Market Size in the United Arab Emirates

In 2021, after two years of growth, there was significant decline in the antisera market in the United Arab Emirates, when its value decreased by -65.6% to $X. Overall, consumption, however, enjoyed a slight expansion. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Antisera Exports

Exports from the United Arab Emirates

In 2021, antisera exports from the United Arab Emirates skyrocketed to X tons, jumping by 45% against 2020 figures. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 118%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, antisera exports soared to $X in 2021. In general, exports saw a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 489% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons) was the main destination for antisera exports from the United Arab Emirates, accounting for a 63% share of total exports. Moreover, antisera exports to Oman exceeded the volume sent to the second major destination, Australia (X tons), fourfold. Canada (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+80.2% per year) and Canada (+119.4% per year).

In value terms, Oman ($X) remains the key foreign market for antisera and other blood fractions exports from the United Arab Emirates, comprising 82% of total exports. The second position in the ranking was taken by Australia ($X), with a 7.3% share of total exports. It was followed by Canada, with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman amounted to +44.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+96.5% per year) and Canada (+221.0% per year).

Export Prices by Country

In 2021, the average antisera export price amounted to $X per ton, dropping by -10.7% against the previous year. Overall, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 428% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+74.4%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into the United Arab Emirates

After two years of growth, purchases abroad of antisera and other blood fractions decreased by -54.4% to X tons in 2021. Overall, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, antisera imports fell remarkably to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by 28% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then contracted notably in the following year.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of antisera to the United Arab Emirates, with a 43% share of total imports. Moreover, antisera imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +41.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.2% per year) and the Netherlands (+54.2% per year).

In value terms, the largest antisera suppliers to the United Arab Emirates were Germany ($X), Switzerland ($X) and the Netherlands ($X), together comprising 66% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +96.8%, 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 2021, the average antisera import price amounted to $X per ton, picking up by 38% against the previous year. Overall, the import price, however, saw a slight downturn. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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