MENA: Antisera Market 2023

Antisera Market Size in MENA

After six years of growth, the MENA's antisera market decreased by X% to $X in 2022. In general, consumption, however, enjoyed a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2021, and then fell modestly in the following year.

Antisera Production in MENA

In value terms, antisera production rose modestly to $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Antisera Exports

Exports in MENA

In 2022, shipments abroad of antisera and other blood fractions was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, antisera exports surged to $X in 2022. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey dominates exports structure, recording X tons, which was near X% of total exports in 2022. Iran (X tons) took the second position in the ranking, followed by Israel (X tons). All these countries together took approx. X% share of total exports. The United Arab Emirates (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the antisera and other blood fractions exports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Iran (X%) displayed positive paces of growth. Israel experienced a relatively flat trend pattern. From 2012 to 2022, the share of Turkey increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest antisera supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Israel, with a X% share.

In Turkey, antisera exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Antisera Imports

Imports in MENA

For the seventh year in a row, MENA recorded growth in supplies from abroad of antisera and other blood fractions, which increased by X% to X tons in 2022. Overall, imports saw a buoyant increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, antisera imports shrank to $X in 2022. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell slightly in the following year.

Imports by Country

The purchases of the three major importers of antisera and other blood fractions, namely Israel, the United Arab Emirates and Turkey, represented more than half of total import. Iran (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Saudi Arabia (X%). Iraq (X tons), Egypt (X tons), Algeria (X tons), Kuwait (X tons) and Libya (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 the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest antisera importing markets in MENA were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), together accounting for X% of total imports. Saudi Arabia, Kuwait, Iran, Algeria, Iraq, Libya and Egypt lagged somewhat behind, together comprising a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 MENA stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X,822 per ton), while Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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