U.S. Human And Animal Blood Exports

In December 2023, overseas shipments of human blood and animal blood prepared for therapeutic, pophylactic or diagnostic uses increased by 27% to 484 tons for the first time since August 2023, thus ending a three-month declining trend. Over the period under review, exports, however, continue to indicate a noticeable decline. The pace of growth was the most pronounced in January 2023 with an increase of 62% m-o-m. As a result, the exports reached the peak of 1.1K tons. From February 2023 to December 2023, the growth of the exports remained at a lower figure.

In value terms, human and animal blood exports dropped remarkably to $71M (IndexBox estimates) in December 2023. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 with an increase of 80% m-o-m.

Exports by Country

Canada (102 tons), the UK (53 tons) and China (33 tons) were the main destinations of human and animal blood exports from the United States, with a combined 39% share of total exports. Japan, Mexico and Belgium lagged somewhat behind, together comprising a further 16%.

From December 2022 to December 2023, the biggest increases were in Mexico (with a CAGR of +2.1%), while shipments for the other leaders experienced a decline.

In value terms, the UK ($16M) remains the key foreign market for human and animal blood exports from the United States, comprising 23% of total exports. The second position in the ranking was taken by Japan ($6.3M), with an 8.8% share of total exports. It was followed by China, with a 6.7% share.

From December 2022 to December 2023, the average monthly growth rate of value to the UK stood at -1.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-1.0% per month) and China (-1.9% per month).

Export Prices by Country

In December 2023, the human and animal blood price stood at $147K per ton (FOB, US), shrinking by -43.5% against the previous month. Over the period under review, export price indicated notable growth from December 2022 to December 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, human and animal blood export price decreased by -43.5% against November 2023 indices. The pace of growth appeared the most rapid in February 2023 an increase of 34% month-to-month. Over the period under review, the average export prices hit record highs at $260K per ton in November 2023, and then reduced rapidly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($310K per ton), while the average price for exports to Spain ($12,112 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform