Australia: Market for Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses 2024

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

The Australian human and animal blood market stood at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded a buoyant increase. Over the period under review, the market attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Production of Human Blood And Animal Blood Prepared For Therapeutic, Pophylactic Or Diagnostic Uses in Australia

In value terms, human and animal blood production rose to $X in 2022 estimated in export price. Overall, production saw a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Human and animal blood production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from Australia

In 2022, human and animal blood exports from Australia was estimated at X tons, leveling off at the previous year. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, human and animal blood exports contracted slightly to $X in 2022. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons) was the main destination for human and animal blood exports from Australia, accounting for a X% share of total exports. Moreover, human and animal blood exports to New Zealand exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by India (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and India (X% per year).

In value terms, the largest markets for human and animal blood exported from Australia were China ($X), the United States ($X) and India ($X), together accounting for X% of total exports. New Zealand, Germany, France, Chile, Brazil, South Korea, the Netherlands, Argentina, Mexico and Thailand lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average human and animal blood export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (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 Australia

For the third consecutive year, Australia recorded growth in overseas purchases of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses, which increased by X% to X tons in 2022. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, human and animal blood imports fell to $X in 2022. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of human and animal blood to Australia, with a X% share of total imports. Moreover, human and animal blood imports from Canada exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United States (X% per year).

In value terms, the largest human and animal blood suppliers to Australia were Germany ($X), the United States ($X) and the UK ($X), together accounting for X% of total imports.

In terms of the main suppliers, the UK, with a CAGR of X%, 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

In 2022, the average human and animal blood import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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