Eastern Asia: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in Eastern Asia

The East Asian blood-grouping reagents market shrank to $X in 2022, stabilizing at the previous year. Over the period under review, consumption showed a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Blood-Grouping Reagents Production in Eastern Asia

In value terms, blood-grouping reagents production fell modestly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports in Eastern Asia

In 2022, the amount of blood-grouping reagents exported in Eastern Asia dropped to X tons, declining by X% compared with 2021 figures. Total exports indicated a strong expansion 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, blood-grouping reagents exports declined markedly to $X in 2022. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. South Korea (X tons) held a little share of total exports.

China was also the fastest-growing in terms of the blood-grouping reagents exports, with a CAGR of X% from 2012 to 2022. South Korea (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while South Korea saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Korea ($X) remains the largest blood-grouping reagents supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

In South Korea, blood-grouping reagents exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 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 South Korea ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%).

Blood-Grouping Reagents Imports

Imports in Eastern Asia

In 2022, overseas purchases of blood-grouping reagents decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, blood-grouping reagents imports dropped modestly to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value 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 decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

China represented the main importer of blood-grouping reagents in Eastern Asia, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Japan (X tons), achieving a X% share of total imports. The following importers - South Korea (X tons), Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the blood-grouping reagents imports, with a CAGR of X% from 2012 to 2022. At the same time, Hong Kong SAR (X%), Taiwan (Chinese) (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported blood-grouping reagents in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. 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 Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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