India: Antisera Market 2024

Antisera Market Size in India

The Indian antisera market rose to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Antisera Production in India

In value terms, antisera production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Antisera production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Antisera Exports

Exports from India

In 2022, after two years of growth, there was significant decline in overseas shipments of antisera and other blood fractions, when their volume decreased by X% to X tons. In general, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, antisera exports stood at $X in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Belgium (X tons), Cameroon (X tons) and Brazil (X tons) were the main destinations of antisera exports from India, with a combined X% share of total exports.

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

In value terms, the Netherlands ($X), the United States ($X) and Brazil ($X) constituted the largest markets for antisera exported from India worldwide, together comprising X% of total exports. Poland, Sri Lanka, Belgium, the United Arab Emirates, the Philippines, Myanmar, Ghana, Cameroon, Zambia and Uganda lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average antisera export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price recorded a resilient increase. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Uganda ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Antisera Imports

Imports into India

In 2022, supplies from abroad of antisera and other blood fractions decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, antisera imports rose sharply to $X in 2022. Over the period under review, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X tons), Austria (X tons) and China (X tons) were the main suppliers of antisera imports to India, with a combined X% share of total imports. Belgium, Taiwan (Chinese), Switzerland, the UK, South Korea and France lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest antisera suppliers to India were Switzerland ($X), Belgium ($X) and the United States ($X), together accounting for X% of total imports.

Among the main suppliers, Belgium, with a CAGR of X%, saw 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, rising by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price attained the peak level of $X,444 per ton. From 2014 to 2022, the average 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 ($X,944 per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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