Antisera Market Overview in Belgium
In value terms, antisera production rose to $ in estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by % y-o-y. Antisera production peaked at $ in 2009; however, from 2010 to , production stood at a somewhat lower figure.
The size of the antisera market in Belgium rose slightly 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, consumption enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2013 when the market value increased by % against the previous year. Over the period under review, the market attained the peak level at $ in 2017; however, from 2018 to , consumption failed to regain the momentum.