Middle East: Antisera Market 2024

Antisera Market Size in the Middle East

In 2022, the Middle Eastern antisera market increased by X% to $X, rising for the seventh year in a row after two years of decline. Overall, consumption, however, continues to indicate a prominent expansion. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Antisera Production in the Middle East

In value terms, antisera production rose modestly to $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The pace of growth appeared the most rapid 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 the Middle East

In 2022, after three years of decline, there was significant growth in shipments abroad of antisera and other blood fractions, when their volume increased by X% to X tons. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, antisera exports soared to $X in 2022. In general, exports posted a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Iran (X tons) and Israel (X tons), together making up a 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. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Iran and Israel saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest antisera supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($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. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Israel (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. As a result, the export price attained 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 the Middle East

For the seventh consecutive year, the Middle East recorded growth in purchases abroad of antisera and other blood fractions, which increased by X% to X tons in 2022. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, antisera imports totaled $X in 2022. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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 two-thirds of total import. Iran (X tons) ranks next in terms of the total imports with a X% share, followed by Saudi Arabia (X%) and Iraq (X%). Kuwait (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Saudi Arabia, Kuwait, Iran and Iraq lagged somewhat behind, together accounting for a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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

In 2022, the import price in the Middle East amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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