Antisera Market Overview in Colombia
In value terms, antisera production reached $ in estimated in export prices. Overall, the total production indicated temperate growth 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, production decreased by -% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. As a result, production reached the peak level of $. from 2017 to , production growth remained at a lower figure.
The value of the antisera market in Colombia expanded to $ in , rising 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). Overall, consumption enjoyed strong growth. The most prominent rate of growth was recorded in 2012 when the market value increased by % against the previous year. Over the period under review, the market hit record highs in and is expected to retain growth in the immediate term.