Venezuela: Market for Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses 2022

Market Size for Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses in Venezuela

In 2021, after eight years of decline, there was significant growth in the Venezuelan human and animal blood market, when its value increased by X% to $X. In general, consumption, however, showed a significant curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses

Exports from Venezuela

In 2021, human and animal blood exports from Venezuela dropped markedly to X kg, which is down by -X% against the previous year. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X kg in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, human and animal blood exports fell dramatically to $X in 2021. Overall, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined markedly in the following year.

Exports by Country

Germany (X kg), Spain (X kg) and Turkey (X kg) were the main destinations of human and animal blood exports from Venezuela.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for human and animal blood exports from Venezuela, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Turkey (X% per year).

Export Prices by Country

In 2021, the average human and animal blood export price amounted to $X per ton, approximately equating the previous year. In general, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per ton in 2020, and then contracted modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Turkey ($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 Spain (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses

Imports into Venezuela

In 2021, overseas purchases of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses were finally on the rise to reach X tons after four years of decline. Overall, imports, however, continue to indicate a dramatic decrease. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, human and animal blood imports soared to $X in 2021. In general, imports, however, recorded a precipitous contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) constituted the largest supplier of human and animal blood to Venezuela, accounting for a X% share of total imports. Moreover, human and animal blood imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and India (+X% per year).

In value terms, the largest human and animal blood suppliers to Venezuela were Brazil ($X), India ($X) and the United States ($X), together comprising X% of total imports.

India, with a CAGR of +X%, recorded 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

The average human and animal blood import price stood at $X per ton in 2021, declining by -X% against the previous year. Overall, the import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2020 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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