Price for Animal Products; Ossein and Bones Treated with Acid in Belgium - 2023

Contents:

1. Price for Animal Products; Ossein and Bones Treated with Acid in Belgium (FOB) - 2023
2. Price for Animal Products; Ossein and Bones Treated with Acid in Belgium (CIF) - 2022
3. Exports of Animal Products; Ossein and Bones Treated with Acid in Belgium
4. Imports of Animal Products; Ossein and Bones Treated with Acid in Belgium

Price for Animal Products; Ossein and Bones Treated with Acid in Belgium (FOB) - 2023

In November 2023, the average export price for animal products; ossein and bones treated with acids amounted to $1,455 per ton, leveling off at the previous month. Overall, export price indicated a prominent increase from November 2022 to November 2023: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for animal products; ossein and bones treated with acids increased by +1.9% against August 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 49% m-o-m. The export price peaked at $1,487 per ton in June 2023; afterwards, it flattened through to November 2023.

As there is only one major export destination, the average price level is determined by prices for the UK.

From November 2022 to November 2023, the rate of growth in terms of prices for the UK amounted to +5.2% per month.

Price for Animal Products; Ossein and Bones Treated with Acid in Belgium (CIF) - 2022

The average import price for animal products; ossein and bones treated with acids stood at $4,000 per ton in 2022, approximately reflecting the previous year. In general, the import price recorded a significant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 862% against the previous year. The import price peaked at $19,760 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +43.6% per year.

Exports of Animal Products; Ossein and Bones Treated with Acid in Belgium

In 2022, overseas shipments of animal products; ossein and bones treated with acids decreased by -0.2% to 28K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 9.7% against the previous year. As a result, the exports reached the peak of 29K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of animal products; ossein and bones treated with acids reduced to $23M in 2022. In general, exports recorded a deep reduction. The smallest decline of -3.6% was in 2021.

Top Export Markets for Animal Products; Ossein and Bones Treated with Acid from Belgium in 2022:

1. United Kingdom (27.5K tons)
2. Germany (0.7K tons)

Imports of Animal Products; Ossein and Bones Treated with Acid in Belgium

For the third year in a row, Belgium recorded decline in supplies from abroad of animal products; ossein and bones treated with acids, which decreased by 0% to 3 kg in 2022. Over the period under review, imports faced a precipitous contraction. The smallest decline of -32.4% was in 2020.

In value terms, imports of animal products; ossein and bones treated with acids totaled $12 in 2022. In general, imports continue to indicate a dramatic curtailment. The smallest decline of -25.7% was in 2020.

Top Suppliers of Animal Products; Ossein and Bones Treated with Acid to Belgium in 2022:

1. Netherlands (3.0 kg)

Source: IndexBox Market Intelligence Platform