Antisera Market Overview in China
In value terms, antisera production reached $ in estimated in export prices. Over the period under review, production continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. As a result, production attained the peak level of $. from 2017 to , production growth remained at a lower figure.
The value of the antisera market in China rose modestly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a remarkable increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2007 indices. The most prominent rate of growth was recorded in 2011 when the market value increased by % y-o-y. Over the period under review, the market reached the peak level in and is expected to retain growth in the near future.