Price for Animal Products; Ossein and Bones Treated with Acid in China - 2022

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

The average import price for animal products; ossein and bones treated with acids stood at $8,052 per ton in 2022, reducing by -13.5% against the previous year. In general, the import price recorded a precipitous decline. The import price peaked at $57,833 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2018 to 2022, the rate of growth in terms of prices for Pakistan amounted to -38.9% per year.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of animal products; ossein and bones treated with acids, when their volume decreased by -71.5% to 14 tons. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 226% against the previous year.

In value terms, imports of animal products; ossein and bones treated with acids shrank significantly to $109K in 2022. Over the period under review, imports faced a significant contraction. The growth pace was the most rapid in 2020 with an increase of 74%.