Colombia: Prepared Culture Media Market 2024

Prepared Culture Media Market Size in Colombia

After three years of growth, the Colombian prepared culture media market decreased by X% to $X in 2022. Overall, consumption, however, enjoyed a buoyant increase. Prepared culture media consumption peaked at $X in 2021, and then shrank remarkably in the following year.

Prepared Culture Media Exports

Exports from Colombia

In 2022, exports of prepared culture media for development of micro-organisms from Colombia surged to X tons, jumping by X% compared with the previous year. Over the period under review, exports enjoyed a strong increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, prepared culture media exports soared to $X in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Uruguay (X tons) was the main destination for prepared culture media exports from Colombia, with a X% share of total exports. It was followed by Panama (X kg), with a X% share of total exports. Mexico (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Mexico (X% per year).

In value terms, Uruguay ($X) remains the key foreign market for prepared culture media for development of micro-organisms exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Panama (X% per year).

Export Prices by Country

The average prepared culture media export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (X%), while the prices for the other major destinations experienced a decline.

Prepared Culture Media Imports

Imports into Colombia

In 2022, supplies from abroad of prepared culture media for development of micro-organisms decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted moderate growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then dropped sharply in the following year.

In value terms, prepared culture media imports dropped to $X in 2022. In general, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

The United States (X tons), France (X tons) and Brazil (X tons) were the main suppliers of prepared culture media imports to Colombia, with a combined X% share of total imports. Spain, Denmark, Germany, Mexico, Italy, the UK and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of prepared culture media for development of micro-organisms to Colombia, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average prepared culture media import price amounted to $X per ton, surging by X% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared culture media import price increased by X% against 2020 indices. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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