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

Contents:

1. Price for Animal Products; Ossein and Bones Treated with Acid in Malaysia (CIF) - 2022
2. Imports of Animal Products; Ossein and Bones Treated with Acid in Malaysia

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

The average import price for animal products; ossein and bones treated with acids stood at $477,667 per ton in 2022, with an increase of 4,677% against the previous year. Overall, the import price saw significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -3.6% per year.

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

For the third consecutive year, Malaysia recorded decline in purchases abroad of animal products; ossein and bones treated with acids, which decreased by -36.4% to 21 kg in 2022. Overall, imports faced a sharp slump. The smallest decline of -2.7% was in 2020.

In value terms, imports of animal products; ossein and bones treated with acids soared to $10K in 2022. Over the period under review, imports, however, posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. South Korea (21.0 kg)

Source: IndexBox Market Intelligence Platform