Antisera Market Overview in South Korea
In value terms, antisera production stood at $ in estimated in export prices. In general, production posted moderate growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by % y-o-y. Over the period under review, production hit record highs at $ in 2017; however, from 2018 to , production stood at a somewhat lower figure.
The revenue of the antisera market in South Korea expanded 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). In general, consumption, however, recorded a temperate increase. The pace of growth appeared the most rapid in 2016 when the market value increased by % against the previous year. Antisera consumption peaked at $ in 2017; however, from 2018 to , consumption remained at a lower figure.