Eastern Asia: Antisera Market 2024

Antisera Market Size in Eastern Asia

In 2022, the East Asian antisera market increased by X% to $X, rising for the seventh year in a row after two years of decline. In general, consumption recorded a resilient increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Antisera Production in Eastern Asia

In value terms, antisera production expanded rapidly to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Antisera Exports

Exports in Eastern Asia

After four years of growth, shipments abroad of antisera and other blood fractions decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped significantly in the following year.

In value terms, antisera exports shrank rapidly to $X in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell notably in the following year.

Exports by Country

In 2022, China (X tons) represented the main exporter of antisera and other blood fractions, making up X% of total exports. It was distantly followed by South Korea (X tons), creating a X% share of total exports. Japan (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. While the share of South Korea (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) and Japan (X p.p.) displayed negative dynamics.

In value terms, South Korea ($X), Japan ($X) and China ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

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

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price posted a slight increase. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 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 Japan ($X,607 per ton), while China ($X per ton) was amongst the lowest.

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

Antisera Imports

Imports in Eastern Asia

In 2022, approx. X tons of antisera and other blood fractions were imported in Eastern Asia; which is down by X% against the year before. Overall, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, antisera imports stood at $X in 2022. Over the period under review, imports, however, posted strong growth. The growth pace was the most rapid in 2019 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

China was the major importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), Japan (X tons) and South Korea (X tons), together constituting a X% share of total imports. Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to antisera imports into China stood at X%. At the same time, Taiwan (Chinese) (X%), Hong Kong SAR (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. From 2012 to 2022, the share of Taiwan (Chinese), China and Hong Kong SAR increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Taiwan (Chinese), 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 import price in Eastern Asia stood at $X,283 per ton in 2022, surging by X% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price 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, antisera import price increased by X% against 2017 indices. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X,598 per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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