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

Contents:

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

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

The average import price for animal products; ossein and bones treated with acids stood at $26,192 per ton in 2022, surging by 23% against the previous year. In general, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 156% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($27,366 per ton), while the price for South Africa stood at $5,095 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after two years of decline, there was growth in purchases abroad of animal products; ossein and bones treated with acids, when their volume increased by 1.9% to 797 kg. In general, imports, however, continue to indicate a sharp setback.

In value terms, imports of animal products; ossein and bones treated with acids skyrocketed to $21K in 2022. Overall, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 34%.

Import of Animal Products; Ossein and Bones Treated with Acid in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia0.30.915.320.7310.2%
South Africa0.20.21.30.20.0%
Brazil24.111.3N/AN/A-53.1%
OthersN/AN/AN/AN/A0%
Total24.712.416.620.9-5.4%

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

  1. Indonesia (755.0 kg)
  2. South Africa (42.0 kg)

Source: IndexBox Market Intelligence Platform

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