Turkey: Antisera Market 2024

Antisera Market Size in Turkey

In 2022, the Turkish antisera market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Antisera Production in Turkey

In value terms, antisera production totaled $X in 2022 estimated in export price. Overall, production continues to indicate prominent growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Antisera production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Antisera Exports

Exports from Turkey

For the third consecutive year, Turkey recorded growth in overseas shipments of antisera and other blood fractions, which increased by X% to X tons in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, antisera exports soared to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X tons) was the main destination for antisera exports from Turkey, with a X% share of total exports. Moreover, antisera exports to South Korea exceeded the volume sent to the second major destination, Cyprus (X tons), more than tenfold. The third position in this ranking was held by Hungary (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and Hungary (X% per year).

In value terms, South Korea ($X) remains the key foreign market for antisera and other blood fractions exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Germany (X% per year).

Export Prices by Country

The average antisera export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price showed a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Cyprus ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into Turkey

In 2022, the amount of antisera and other blood fractions imported into Turkey soared to X tons, increasing by X% on 2021. Over the period under review, total imports indicated prominent growth 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, antisera imports amounted to $X in 2022. Overall, imports posted resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

South Korea (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of antisera imports to Turkey, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest antisera suppliers to Turkey were South Korea ($X), Germany ($X) and the United States ($X), together accounting for X% of total imports.

Among the main suppliers, South Korea, 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

The average antisera import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 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 Switzerland ($X,633 per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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