Hong Kong SAR, China: Prepared Culture Media Market 2025

Prepared Culture Media Market Size in Hong Kong SAR, China

In 2022, after two years of growth, there was significant decline in the Hong Kong prepared culture media market, when its value decreased by X% to $X. Over the period under review, consumption, however, recorded a prominent expansion. Prepared culture media consumption peaked at $X in 2021, and then dropped notably in the following year.

Prepared Culture Media Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of prepared culture media for development of micro-organisms decreased by X% to X tons, falling for the fourth consecutive year after five years of growth. In general, exports, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared culture media exports rose modestly to $X in 2022. Overall, exports, however, saw a mild increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for prepared culture media exports from Hong Kong SAR, with a X% share of total exports. Moreover, prepared culture media exports to China exceeded the volume sent to the second major destination, Macao SAR (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China was relatively modest.

In value terms, China ($X) remains the key foreign market for prepared culture media for development of micro-organisms exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by Macao SAR ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

The average prepared culture media export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (X%).

Prepared Culture Media Imports

Imports into Hong Kong SAR, China

Prepared culture media imports into Hong Kong SAR reduced sharply to X tons in 2022, falling by X% compared with the previous year's figure. Overall, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, prepared culture media imports dropped rapidly to $X in 2022. In general, total imports indicated a temperate increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then dropped sharply in the following year.

Imports by Country

The Netherlands (X tons), the United States (X tons) and Singapore (X tons) were the main suppliers of prepared culture media imports to Hong Kong SAR, together accounting for X% of total imports. China, Germany, Italy and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and the Netherlands ($X) were the largest prepared culture media suppliers to Hong Kong SAR, together comprising X% of total imports. Germany, the UK, Singapore and Italy lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average prepared culture media import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 the UK ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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