Price for Animal Products; Ossein and Bones Treated with Acid in the United States - 2023

Contents:

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

Price for Animal Products; Ossein and Bones Treated with Acid in the United States (CIF) - 2023

The average import price for animal products; ossein and bones treated with acids stood at $2,189 per ton in December 2023, with a decrease of -19.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 62% against the previous month. The import price peaked at $3,311 per ton in July 2023; however, from August 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($3,463 per ton), while the price for Ireland ($1,677 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Brazil (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for animal products; ossein and bones treated with acids stood at $2,941 per ton in 2022, growing by 52% against the previous year. In general, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 121%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,088 per ton), while the average price for exports to the UK totaled $829 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+88.0%), while the prices for the other major destinations experienced a decline.

Imports of Animal Products; Ossein and Bones Treated with Acid in the United States

In 2022, after three years of growth, there was significant decline in supplies from abroad of animal products; ossein and bones treated with acids, when their volume decreased by -18.1% to 2.2K tons. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 101%. As a result, imports reached the peak of 2.7K tons, and then dropped sharply in the following year.

In value terms, imports of animal products; ossein and bones treated with acids dropped to $5.4M in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 124% against the previous year. As a result, imports reached the peak of $6.3M, and then reduced in the following year.

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

1. Brazil (1184.2 tons)
2. Germany (552.8 tons)
3. Ireland (351.8 tons)
4. Netherlands (72.3 tons)

Exports of Animal Products; Ossein and Bones Treated with Acid in the United States

In 2022, approx. 115 tons of animal products; ossein and bones treated with acids were exported from the United States; with an increase of 201% against the previous year. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 621% against the previous year. As a result, the exports attained the peak of 278 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 skyrocketed to $339K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 660%. The exports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Germany (107.9 tons)
2. United Kingdom (7.5 tons)

Source: IndexBox Market Intelligence Platform