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China - Prepared Culture Media For Development Of Micro-Organisms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina Sees Significant Drop in Prepared Culture Media Imports, Now at $325M in 2023
China Prepared Culture Media Imports
In 2023, overseas purchases of prepared culture media for development of micro-organisms decreased by -39.3% to 5K tons, falling for the second consecutive year after six years of growth. Over the period under review, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by 61%. Over the period under review, imports reached the peak figure at 12K tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.
In value terms, prepared culture media imports reduced remarkably to $325M (IndexBox estimates) in 2023. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2014 with an increase of 77%. Imports peaked at $449M in 2021; however, from 2022 to 2023, imports remained at a lower figure.
COUNTRY | Import Value of Prepared Culture Media in China (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
United States | 29.2 | 51.6 | 52.0 | 63.5 | 95.9 | 140 | 154 | 163 | 241 | 242 | 169 |
Puerto Rico | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 22.4 | 29.5 | 27.0 | 29.7 |
Singapore | N/A | N/A | 0.1 | 0.8 | 4.1 | 6.0 | 13.7 | 48.1 | 70.4 | 76.1 | 28.9 |
Sweden | 8.4 | 13.4 | 16.5 | 19.9 | 18.5 | 16.1 | 16.1 | 23.3 | 41.3 | 19.4 | 19.5 |
Japan | 3.4 | 6.6 | 10.7 | 5.8 | 4.2 | 6.3 | 6.1 | 7.5 | 10.6 | 10.8 | 14.7 |
United Kingdom | 3.9 | 2.2 | 2.8 | 2.9 | 2.8 | 8.9 | 7.8 | 7.7 | 14.2 | 14.2 | 13.9 |
Germany | 1.1 | 3.5 | 3.7 | 3.9 | 4.7 | 5.9 | 6.6 | 12.3 | 11.7 | 12.3 | 12.0 |
Others | 4.9 | 12.7 | 15.8 | 22.2 | 23.2 | 26.4 | 29.8 | 23.8 | 30.9 | 31.4 | 37.0 |
Total | 50.9 | 89.9 | 102 | 119 | 153 | 210 | 234 | 308 | 449 | 433 | 325 |
Imports by Country
In 2023, the United States (2.6K tons) constituted the largest prepared culture media supplier to China, with a 52% share of total imports. Moreover, prepared culture media imports from the United States exceeded the figures recorded by the second-largest supplier, Puerto Rico (718 tons), fourfold. Germany (530 tons) ranked third in terms of total imports with an 11% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from the United States totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Puerto Rico (-1.9% per year) and Germany (+25.5% per year).
In value terms, the United States ($169M) constituted the largest supplier of prepared culture media for development of micro-organisms to China, comprising 52% of total imports. The second position in the ranking was held by Puerto Rico ($30M), with a 9.1% share of total imports. It was followed by Singapore, with an 8.9% share.
From 2013 to 2023, the average annual rate of growth in terms of value from the United States amounted to +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Puerto Rico (+9.9% per year) and Singapore (+153.1% per year).
Import Prices by Country
In 2023, the prepared culture media price amounted to $65,139 per ton (CIF, China), increasing by 24% against the previous year. Overall, import price indicated a buoyant expansion from 2013 to 2023: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, prepared culture media import price increased by +95.2% against 2018 indices. The most prominent rate of growth was recorded in 2022 when the average import price increased by 36%. The import price peaked in 2023 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($81,206 per ton), while the price for South Korea ($5,612 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Japan (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the prepared culture media market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595270 - Prepared culture media for development of micro-organisms
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023