Philippines - Bone Glues and Gelatin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bone Glue and Gelatin in the Philippines - 2023
Contents:
- Price for Bone Glue and Gelatin in the Philippines (CIF) - 2023
- Price for Bone Glue and Gelatin in the Philippines (FOB) - 2022
- Imports of Bone Glue and Gelatin in the Philippines
- Exports of Bone Glue and Gelatin in the Philippines
Price for Bone Glue and Gelatin in the Philippines (CIF) - 2023
In June 2023, the average bone glue and gelatin import price amounted to $8,428 per ton, approximately mirroring the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 39% m-o-m. Over the period under review, average import prices attained the peak figure at $10,065 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was India ($9,784 per ton), while the price for Taiwan (Chinese) ($1,317 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bone Glue and Gelatin in the Philippines (FOB) - 2022
In 2022, the average bone glue and gelatin export price amounted to $7,779 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, posted perceptible growth. The pace of growth appeared the most rapid in 2021 an increase of 122% against the previous year. As a result, the export price reached the peak level of $7,827 per ton, leveling off in the following year.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +7.0% per year.
Imports of Bone Glue and Gelatin in the Philippines
In 2022, approx. 2.5K tons of bone glues and gelatin were imported into the Philippines; picking up by 34% compared with the previous year's figure. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, bone glue and gelatin imports surged to $19M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bone Glue and Gelatin in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 5.1 | 5.2 | 4.8 | 5.7 | 3.8% |
| Australia | 3.4 | 1.4 | 2.4 | 2.8 | -6.3% |
| China | 0.4 | 0.4 | 1.7 | 2.0 | 71.0% |
| Singapore | 1.7 | 1.8 | 1.3 | 1.8 | 1.9% |
| India | 0.2 | 0.2 | 1.0 | 1.1 | 76.5% |
| South Korea | 1.0 | 1.0 | 0.8 | 1.1 | 3.2% |
| Japan | 1.8 | 0.3 | N/A | 0.8 | -23.7% |
| Argentina | 0.7 | 0.5 | 0.2 | 0.5 | -10.6% |
| Others | 0.5 | 0.4 | 0.8 | 3.4 | 89.5% |
| Total | 14.7 | 11.0 | 12.9 | 19.2 | 9.3% |
Top Suppliers of Bone Glue and Gelatin to the Philippines in 2022:
- Brazil (892.9 tons)
- Australia (445.4 tons)
- China (413.0 tons)
- Singapore (282.7 tons)
- South Korea (152.4 tons)
- India (123.0 tons)
- Argentina (76.7 tons)
- Japan (52.8 tons)
Exports of Bone Glue and Gelatin in the Philippines
In 2022, shipments abroad of bone glues and gelatin decreased by -63.7% to 2.9 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,621%. As a result, the exports attained the peak of 21 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, bone glue and gelatin exports reduced rapidly to $22K in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,873% against the previous year. As a result, the exports attained the peak of $73K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Bone Glue and Gelatin in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 75.5 | 14.1 | 7.1 | 65.9 | -4.4% |
| United States | N/A | 5.8 | 6.7 | N/A | 15.5% |
| Italy | N/A | N/A | 9.0 | N/A | 0% |
| Australia | N/A | 6.8 | 2.0 | N/A | -70.6% |
| Saudi Arabia | N/A | 1.7 | 19.0 | N/A | 1017.6% |
| Canada | N/A | 27.9 | 0.9 | N/A | -96.8% |
| Others | -73.1 | 16.5 | 17.0 | -43.6 | -15.8% |
| Total | 2.5 | 72.8 | 61.8 | 22.3 | 107.4% |
Top Export Markets for Bone Glue and Gelatin from the Philippines in 2022:
- United Arab Emirates (16.8 tons)
This report provides an in-depth analysis of the market for bone glue and gelatin in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20521040 - Bone glues, other glues of animal origin (excluding casein glues)
- Prodcom 20596080 - Gelatin and its derivatives, isinglass (excluding casein glues and bone glues)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for bone glue and gelatin in the Philippines.
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This report provides an in-depth analysis of the global market for bone glue and gelatin.
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This report provides an in-depth analysis of the market for bone glue and gelatin in the Philippines.
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This report provides an in-depth analysis of the global market for bone glue and gelatin.
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In value terms, gelatin imports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the la...
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In value terms, gelatin exports stood at $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last n...
