Latin America and the Caribbean: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Latin America and the Caribbean

The Latin American blood-grouping reagents market shrank to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a slight contraction. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Blood-Grouping Reagents Production in Latin America and the Caribbean

In value terms, blood-grouping reagents production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a slight downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Blood-Grouping Reagents Exports

Exports in Latin America and the Caribbean

In 2022, the amount of blood-grouping reagents exported in Latin America and the Caribbean dropped markedly to X tons, which is down by X% on the previous year. Overall, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, blood-grouping reagents exports reduced markedly to $X in 2022. Over the period under review, exports faced a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile was the largest exporting country with an export of around X tons, which recorded X% of total exports. Colombia (X kg) ranks second in terms of the total exports with an X% share, followed by Mexico (X%), Argentina (X%), Brazil (X%), Ecuador (X%) and Curacao (X%). Trinidad and Tobago (X kg) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to blood-grouping reagents exports from Chile stood at X%. At the same time, Ecuador (X%), Colombia (X%), Trinidad and Tobago (X%), Mexico (X%), Curacao (X%) and Brazil (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Colombia (X p.p.), Mexico (X p.p.), Ecuador (X p.p.), Brazil (X p.p.), Curacao (X p.p.) and Trinidad and Tobago (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Argentina (X p.p.) displayed negative dynamics.

In value terms, Chile ($X) emerged as the largest blood-grouping reagents supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Chile was relatively modest. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price 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, blood-grouping reagents export price decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

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

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

Blood-Grouping Reagents Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of blood-grouping reagents were imported in Latin America and the Caribbean; reducing by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, blood-grouping reagents imports plummeted to $X in 2022. In general, imports showed a slight slump. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, Chile (X tons) represented the key importer of blood-grouping reagents, constituting X% of total imports. Brazil (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (X%), Guatemala (X%), Argentina (X%) and Peru (X%). The following importers - Saint Vincent and the Grenadines (X tons), Saint Kitts and Nevis (X tons), Honduras (X tons), Ecuador (X tons), Bahamas (X tons), Paraguay (X tons) and Curacao (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to blood-grouping reagents imports into Chile stood at X%. At the same time, Ecuador (X%), Honduras (X%), Guatemala (X%), Paraguay (X%), Peru (X%), Bahamas (X%), Saint Vincent and the Grenadines (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Saint Kitts and Nevis experienced a relatively flat trend pattern. By contrast, Curacao (X%), Brazil (X%) and Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Guatemala, Peru, Honduras and Ecuador increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest blood-grouping reagents importing markets in Latin America and the Caribbean were Colombia ($X), Chile ($X) and Brazil ($X), with a combined X% share of total imports. Argentina, Guatemala, Peru, Paraguay, Curacao, Saint Vincent and the Grenadines, Ecuador, Saint Kitts and Nevis, Bahamas and Honduras lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ecuador, with a CAGR of X%, saw the highest growth rate of 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 Latin America and the Caribbean amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Curacao ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saint Vincent and the Grenadines (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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