Lithuania: Prepared Culture Media Market 2024

Prepared Culture Media Market Size in Lithuania

In 2022, the Lithuanian prepared culture media market decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption recorded a abrupt descent. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Prepared Culture Media Production in Lithuania

In value terms, prepared culture media production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a precipitous setback. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Prepared culture media production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Prepared Culture Media Exports

Exports from Lithuania

In 2022, shipments abroad of prepared culture media for development of micro-organisms decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then reduced notably in the following year.

In value terms, prepared culture media exports shrank sharply to $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Belarus (X tons) and Russia (X tons) were the main destinations of prepared culture media exports from Lithuania.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%).

In value terms, Russia ($X) and Belarus ($X) constituted the largest markets for prepared culture media exported from Lithuania worldwide.

In terms of the main countries of destination, Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average prepared culture media export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Prepared Culture Media Imports

Imports into Lithuania

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 a significant expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, prepared culture media imports contracted rapidly to $X in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell sharply in the following year.

Imports by Country

Poland (X tons), Spain (X tons) and Austria (X tons) were the main suppliers of prepared culture media imports to Lithuania, with a combined X% share of total imports. Denmark, Germany, the Netherlands, Belgium, the UK and the Czech Republic 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 the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared culture media suppliers to Lithuania were Spain ($X), Austria ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, Austria, 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, import price indicated noticeable 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 decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($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