United Arab Emirates: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in the United Arab Emirates

The blood-grouping reagents market in the United Arab Emirates totaled $X in 2022, increasing by 2.6% against the previous year. Overall, consumption recorded a mild decline. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Blood-Grouping Reagents Production in the United Arab Emirates

In value terms, blood-grouping reagents production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of 41%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Blood-Grouping Reagents Exports

Exports from the United Arab Emirates

Blood-grouping reagents exports from the United Arab Emirates contracted to X tons in 2022, which is down by -12.5% on the previous year. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 861%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, blood-grouping reagents exports contracted notably to $X in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 696%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons) was the main destination for blood-grouping reagents exports from the United Arab Emirates, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman amounted to +35.7%.

In value terms, Oman ($X) also remains the key foreign market for blood-grouping reagents exports from the United Arab Emirates.

From 2012 to 2022, the average annual growth rate of value to Oman stood at +33.5%.

Export Prices by Country

In 2022, the average blood-grouping reagents export price amounted to $X per ton, reducing by -8.6% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 788% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +118.1% per year.

Blood-Grouping Reagents Imports

Imports into the United Arab Emirates

In 2022, supplies from abroad of blood-grouping reagents decreased by -3.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of 81% against the previous year. Imports peaked at X tons in 2021, and then shrank slightly in the following year.

In value terms, blood-grouping reagents imports fell to $X in 2022. Overall, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by 107%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Switzerland (X tons) constituted the largest supplier of blood-grouping reagents to the United Arab Emirates, with a 46% share of total imports. Moreover, blood-grouping reagents imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from Switzerland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.3% per year) and Spain (+50.1% per year).

In value terms, Switzerland ($X) constituted the largest supplier of blood-grouping reagents to the United Arab Emirates, comprising 45% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+25.6% per year) and the United States (+31.2% per year).

Import Prices by Country

The average blood-grouping reagents import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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