Middle East: Blood-Grouping Reagents Market 2024

Blood-Grouping Reagents Market Size in the Middle East

In 2023, the Middle Eastern blood-grouping reagents market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, recorded a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Blood-Grouping Reagents Production in the Middle East

In value terms, blood-grouping reagents production soared to $X in 2023 estimated in export price. In general, production continues to indicate a slight decrease. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Blood-Grouping Reagents Exports

Exports in the Middle East

In 2023, after two years of growth, there was significant decline in overseas shipments of blood-grouping reagents, when their volume decreased by X% to X tons. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports remained at a lower figure.

In value terms, blood-grouping reagents exports declined notably to $X in 2023. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2022, and then contracted markedly in the following year.

Exports by Country

The United Arab Emirates was the major exporter of blood-grouping reagents in the Middle East, with the volume of exports resulting at X tons, which was near X% of total exports in 2023. It was distantly followed by Turkey (X tons), making up a X% share of total exports. Israel (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to blood-grouping reagents exports from the United Arab Emirates stood at X%. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. Israel experienced a relatively flat trend pattern. The United Arab Emirates (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest blood-grouping reagents supplying countries in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the export price figures.

Blood-Grouping Reagents Imports

Imports in the Middle East

In 2023, after two years of decline, there was significant growth in purchases abroad of blood-grouping reagents, when their volume increased by X% to X tons. Over the period under review, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. 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, blood-grouping reagents imports skyrocketed to $X in 2023. Overall, imports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of blood-grouping reagents, namely Saudi Arabia, Turkey and Kuwait, represented more than two-thirds of total import. It was distantly followed by Israel (X tons), constituting a X% share of total imports. Oman (X tons), the United Arab Emirates (X tons) and Iraq (X tons) held a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest blood-grouping reagents importing markets in the Middle East were Kuwait ($X), Saudi Arabia ($X) and Turkey ($X), with a combined X% share of total imports.

In terms of the main importing countries, Kuwait, 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

In 2023, the import price in the Middle East amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, posted a notable expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Kuwait ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform