SADC: Composite Laboratory Reagents Market 2022

Composite Laboratory Reagents Market Size in SADC

In general, consumption recorded a relatively flat trend pattern.

Composite Laboratory Reagents Exports

Exports by Country

In 2021, Germany (X tons), distantly followed by the United States (X tons), China (X tons), the Netherlands (X tons), Singapore (X tons) and Ireland (X tons) represented the largest exporters of composite diagnostic or laboratory reagents, together achieving 64% of total exports. Japan (X tons), France (X tons), Austria (X tons), Belgium (X tons), Poland (X tons), Spain (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +17.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 50% share of total exports. The UK, China, France, Singapore, Belgium, Spain, Japan, Ireland, Austria and Poland lagged somewhat behind, together accounting for a further 29%.

China, with a CAGR of +31.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in X stood at less than $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the UK ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.7%), while the other leaders experienced more modest paces of growth.

Composite Laboratory Reagents Imports

Imports by Country

Qatar prevails in imports structure, resulting at X tons, which was near 77% of total imports in 2021. Germany (X tons), the UK (X tons), the Netherlands (X tons), the United States (X tons), France (X tons), Italy (X tons), China (X tons), Japan (X tons), Spain (X tons), Turkey (X tons) and Belgium (X tons) held a little share of total imports.

Qatar was also the fastest-growing in terms of the composite diagnostic or laboratory reagents imports, with a CAGR of +165.6% from 2012 to 2021. At the same time, the Netherlands (+18.5%), the UK (+12.6%), China (+10.7%), Germany (+6.4%), Turkey (+4.7%), Italy (+4.0%), Belgium (+3.7%) and Japan (+2.9%) displayed positive paces of growth. France and Spain experienced a relatively flat trend pattern. By contrast, the United States (-14.6%) illustrated a downward trend over the same period. Qatar (+77 p.p.) significantly strengthened its position in terms of the global imports, while Belgium, China, Turkey, the UK, Japan, Spain, Italy, France, the United States and Germany saw its share reduced by -2.3%, -2.6%, -2.6%, -2.7%, -2.8%, -2.8%, -4.2%, -6.1%, -7.1% and -9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Qatar ($X) constitutes the largest market for imported composite diagnostic or laboratory reagents into X, comprising 91% of global imports. The second position in the ranking was held by the UK ($X), with a 1.2% share of global imports. It was followed by Germany, with a 1.1% share.

In Qatar, composite laboratory reagents imports increased at an average annual rate of +208.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the UK (+22.4% per year) and Germany (+6.7% per year).

Import Prices by Country

In 2021, the import price in X amounted to less than $X per ton, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Qatar ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+16.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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