ASEAN: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in ASEAN

The ASEAN blood-grouping reagents market declined to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Blood-Grouping Reagents Production in ASEAN

In value terms, blood-grouping reagents production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable downturn. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Blood-Grouping Reagents Exports

Exports in ASEAN

In 2022, shipments abroad of blood-grouping reagents was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, blood-grouping reagents exports declined to $X in 2022. Over the period under review, exports saw temperate growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia represented the major exporter of blood-grouping reagents in ASEAN, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. Singapore (X tons) held the second position in the ranking, distantly followed by Thailand (X tons). All these countries together took approx. X% share of total exports. Brunei Darussalam (X tons) held a minor share of total exports.

Indonesia experienced a relatively flat trend pattern with regard to volume of exports of blood-grouping reagents. At the same time, Brunei Darussalam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Brunei Darussalam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. While the share of Indonesia (X p.p.) and Brunei Darussalam (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.) and Singapore (X p.p.) displayed negative dynamics.

In value terms, Singapore ($X) remains the largest blood-grouping reagents supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Singapore amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Blood-Grouping Reagents Imports

Imports in ASEAN

In 2022, the amount of blood-grouping reagents imported in ASEAN reduced modestly to X tons, remaining constant against the previous year. Total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, blood-grouping reagents imports shrank to $X in 2022. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

Thailand (X tons) and the Philippines (X tons) were the key importers of blood-grouping reagents in 2022, accounting for approx. X% and X% of total imports, respectively. Singapore (X tons) ranks next in terms of the total imports with a X% share, followed by Indonesia (X%), Vietnam (X%) and Malaysia (X%). Lao People's Democratic Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest blood-grouping reagents importing markets in ASEAN were Thailand ($X), Singapore ($X) and Vietnam ($X), together accounting for X% of total imports. Indonesia, the Philippines, Lao People's Democratic Republic and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Lao People's Democratic Republic, with a CAGR of X%, recorded 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

In 2022, the import price in ASEAN amounted to $X per ton, shrinking by X% against the previous year. In general, the import price, however, posted a measured increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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