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

Contents:

  1. Price for Animal Products; Ossein and Bones Treated with Acid in Ethiopia (FOB) - 2022
  2. Exports of Animal Products; Ossein and Bones Treated with Acid in Ethiopia

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

In 2022, the average export price for animal products; ossein and bones treated with acids amounted to $19,842 per ton, reducing by -2.8% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for animal products; ossein and bones treated with acids decreased by -9.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 52%. The export price peaked at $22,000 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +4.4% per year.

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

In 2022, approx. 95 kg of animal products; ossein and bones treated with acids were exported from Ethiopia; increasing by 13% compared with 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 650%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of animal products; ossein and bones treated with acids expanded notably to $1.9K in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 609%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Animal Products; Ossein and Bones Treated with Acid in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.21.61.71.9111.8%
OthersN/AN/AN/AN/A0%
Total0.21.61.71.9111.8%

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

  1. South Africa (95.0 kg)

Source: IndexBox Market Intelligence Platform

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