Peru: Prepared Culture Media Market 2024

Prepared Culture Media Market Size in Peru

After five years of growth, the Peruvian prepared culture media market decreased by X% to $X in 2022. In general, consumption, however, saw a strong expansion. Over the period under review, the market reached the peak level at $X in 2021, and then reduced in the following year.

Prepared Culture Media Exports

Exports from Peru

In 2022, overseas shipments of prepared culture media for development of micro-organisms increased by X% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared culture media exports surged to $X in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Chile (X tons) was the main destination for prepared culture media exports from Peru, accounting for a X% share of total exports. Moreover, prepared culture media exports to Chile exceeded the volume sent to the second major destination, Colombia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Chile amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Ecuador (X% per year).

In value terms, Chile ($X) remains the key foreign market for prepared culture media for development of micro-organisms exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the average prepared culture media export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a tangible increase 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 export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Colombia ($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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Culture Media Imports

Imports into Peru

After two years of growth, overseas purchases of prepared culture media for development of micro-organisms decreased by X% to X tons in 2022. In general, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, prepared culture media imports shrank to $X in 2022. Over the period under review, imports, however, saw buoyant growth. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then fell in the following year.

Imports by Country

China (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of prepared culture media imports to Peru, together comprising X% of total imports. India, Italy, Chile, Germany, Argentina and the UK 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 Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) were the largest prepared culture media suppliers to Peru, together accounting for X% of total imports. Italy, India, Brazil, Chile, Argentina and the UK lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, dropping by X% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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