Western Africa: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Western Africa

The West African blood-grouping reagents market declined to $X in 2022, which is down by -8.5% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Blood-Grouping Reagents Production in Western Africa

In value terms, blood-grouping reagents production declined to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 47%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports in Western Africa

Blood-grouping reagents exports fell sharply to X kg in 2022, shrinking by -66.7% against 2021 figures. Overall, exports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 134%. As a result, the exports attained the peak of X kg, and then contracted notably in the following year.

In value terms, blood-grouping reagents exports dropped to $X in 2022. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of 97%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Nigeria (X kg) was the major exporter of blood-grouping reagents, generating 82% of total exports. It was distantly followed by Niger (X kg), committing a 12% share of total exports. Benin (X kg) held a relatively small share of total exports.

Nigeria was also the fastest-growing in terms of the blood-grouping reagents exports, with a CAGR of +13.1% from 2012 to 2022. At the same time, Benin (+2.3%) displayed positive paces of growth. By contrast, Niger (-1.4%) illustrated a downward trend over the same period. Nigeria (+61 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) remains the largest blood-grouping reagents supplier in Western Africa, comprising 70% of total exports. The second position in the ranking was taken by Niger ($X), with a 17% share of total exports.

In Nigeria, blood-grouping reagents exports increased at an average annual rate of +2.6% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Niger (-9.2% per year) and Benin (+0.6% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, rising by 169% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Benin ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (-1.6%), while the other leaders experienced a decline in the export price figures.

Blood-Grouping Reagents Imports

Imports in Western Africa

In 2022, the amount of blood-grouping reagents imported in Western Africa fell to X tons, dropping by -6.3% compared with 2021 figures. Total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.3% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by 61%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, blood-grouping reagents imports shrank to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 43%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

Senegal (X tons) and Burkina Faso (X tons) represented roughly 47% of total imports in 2022. Mauritania (X tons) took the next position in the ranking, followed by Cote d'Ivoire (X tons), Benin (X tons) and Guinea (X tons). All these countries together took near 34% share of total imports. Nigeria (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Mauritania (with a CAGR of +23.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Burkina Faso ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of imports in 2022, with a combined 58% share of total imports. Guinea, Benin, Mauritania and Nigeria lagged somewhat behind, together accounting for a further 29%.

Among the main importing countries, Guinea, with a CAGR of +22.2%, saw the highest rates of growth with regard to 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

The import price in Western Africa stood at $X per ton in 2022, falling by -3.6% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 import price decreased by -9.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 81%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (+15.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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