Kenya: Antisera Market 2024

Antisera Market Size in Kenya

In 2023, the Kenyan antisera market increased by X% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, consumption saw a noticeable increase. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Antisera Exports

Exports from Kenya

In 2023, shipments abroad of antisera and other blood fractions decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, antisera exports declined to $X in 2023. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then dropped in the following year.

Exports by Country

The United States (X tons) was the main destination for antisera exports from Kenya, accounting for a X% share of total exports. Moreover, antisera exports to the United States exceeded the volume sent to the second major destination, the UK (X kg), more than tenfold. Tanzania (X kg) ranked third in terms of total exports with less than X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Tanzania (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for antisera and other blood fractions exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Tanzania, with less than X% share.

From 2012 to 2023, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Tanzania (X% per year).

Export Prices by Country

In 2023, the average antisera export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into Kenya

In 2023, purchases abroad of antisera and other blood fractions decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, antisera imports totaled $X in 2023. Over the period under review, imports, however, posted moderate growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, South Korea (X tons) constituted the largest antisera supplier to Kenya, accounting for a X% share of total imports. Moreover, antisera imports from South Korea exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from South Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, the largest antisera suppliers to Kenya were South Korea ($X), Switzerland ($X) and India ($X), together accounting for X% of total imports. Germany, the United States, Austria, France, Japan and China lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 2023, with an increase of X% against the previous year. Overall, the import price, however, showed a noticeable contraction. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform