Asia-Pacific: Market for Bone Glues and Gelatin 2022

Market Size for Bone Glues and Gelatin in Asia-Pacific

After two years of growth, the Asia-Pacific bone glue and gelatin market decreased by -X% to $X in 2021. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2013 indices. The level of consumption peaked at $X in 2020, and then dropped in the following year.

Production of Bone Glues and Gelatin in Asia-Pacific

In value terms, bone glue and gelatin production shrank slightly to $X in 2021 estimated in export price. The total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2013 indices. The growth pace was the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2020, and then dropped modestly in the following year.

Production By Country in Asia-Pacific

China (X tons) remains the largest bone glue and gelatin producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, bone glue and gelatin production in China exceeded the figures recorded by the second-largest producer, India (X tons), threefold. The third position in this ranking was occupied by Japan (X tons), with an X% share.

In China, bone glue and gelatin production expanded at an average annual rate of +X% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Exports of Bone Glues and Gelatin

Exports in Asia-Pacific

In 2021, after four years of growth, there was significant decline in shipments abroad of bone glues and gelatin, when their volume decreased by -X% to X tons. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of export peaked at X tons in 2020, and then dropped in the following year.

In value terms, bone glue and gelatin exports reduced to $X in 2021. Total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2019 when exports increased by X%. The level of export peaked at $X in 2020, and then dropped in the following year.

Exports by Country

China was the main exporter of bone glues and gelatin in Asia-Pacific, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2021. It was distantly followed by India (X tons), South Korea (X tons), Japan (X tons) and Pakistan (X tons), together generating a X% share of total exports. The following exporters - Australia (X tons) and Vietnam (X tons) - each reached a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2012 to 2021. At the same time, Vietnam (+X%), Pakistan (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2012-2021. Australia experienced a relatively flat trend pattern. By contrast, Japan (-X%) and India (-X%) illustrated a downward trend over the same period. China (+X p.p.), Vietnam (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the total exports, while Japan and India saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest bone glue and gelatin supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

In China, bone glue and gelatin exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: India (-X% per year) and South Korea (+X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, flattening at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Imports of Bone Glues and Gelatin

Imports in Asia-Pacific

In 2021, the amount of bone glues and gelatin imported in Asia-Pacific stood at X tons, picking up by X% against the previous year's figure. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, bone glue and gelatin imports shrank slightly to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2020, and then fell in the following year.

Imports by Country

Japan (X tons), China (X tons), India (X tons), South Korea (X tons), Vietnam (X tons), Australia (X tons) and Indonesia (X tons) represented roughly X% of total imports in 2021. The following importers - Taiwan (Chinese) (X tons), Thailand (X tons), the Philippines (X tons), New Zealand (X tons), Singapore (X tons) and Cambodia (X tons) - together made up X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported bone glues and gelatin in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with an X% share of total imports. It was followed by India, with a X% share.

In Japan, bone glue and gelatin imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and India (+X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, reducing by -X% against the previous year. In general, the import price recorded a slight descent. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform