Bahrain: Prepared Culture Media Market 2024

Prepared Culture Media Market Size in Bahrain

In 2022, the Bahraini prepared culture media market decreased by X% to $X, falling for the second consecutive year after five years of growth. In general, consumption, however, enjoyed significant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Prepared Culture Media Exports

Exports from Bahrain

In 2022, exports of prepared culture media for development of micro-organisms from Bahrain expanded sharply to X kg, with an increase of X% against 2021 figures. In general, exports showed a significant expansion. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, prepared culture media exports soared to $X in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X kg) was the main destination for prepared culture media exports from Bahrain, with a X% share of total exports. Moreover, prepared culture media exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), twofold.

From 2014 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for prepared culture media for development of micro-organisms exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled X%.

Export Prices by Country

In 2022, the average prepared culture media export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Culture Media Imports

Imports into Bahrain

In 2022, purchases abroad of prepared culture media for development of micro-organisms decreased by X% to X tons, falling for the second year in a row after five years of growth. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, prepared culture media imports declined to $X in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of prepared culture media to Bahrain, accounting for a X% share of total imports. Moreover, prepared culture media imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, the United Arab Emirates ($X), the United States ($X) and Germany ($X) were the largest prepared culture media suppliers to Bahrain, together comprising X% of total imports. France, the UK, Italy, China and South Korea lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared culture media import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform