Eastern Asia: Organ Extracts Market 2024

Organ Extracts Market Size in Eastern Asia

The East Asian organ extracts market skyrocketed to $X in 2022, jumping by X% against the previous year. The total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Organ Extracts Production in Eastern Asia

In value terms, organ extracts production reached $X in 2022 estimated in export price. The total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Organ Extracts Exports

Exports in Eastern Asia

In 2022, exports of extracts of glands or other organs or of their secretions in Eastern Asia declined to X tons, shrinking by X% compared with the previous year. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, organ extracts exports declined remarkably to $X in 2022. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, China (X tons) represented the major exporter of extracts of glands or other organs or of their secretions, making up X% of total exports. It was distantly followed by Japan (X tons), constituting a X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of extracts of glands or other organs or of their secretions. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Japan increased by X percentage points.

In value terms, the largest organ extracts supplying countries in Eastern Asia were China ($X) and Japan ($X).

Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X,318 per ton), while China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Organ Extracts Imports

Imports in Eastern Asia

In 2022, after two years of decline, there was significant growth in purchases abroad of extracts of glands or other organs or of their secretions, when their volume increased by X% to X tons. Over the period under review, imports saw a pronounced increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, organ extracts imports surged to $X in 2022. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Japan (X tons) and China (X tons) were the major importers of extracts of glands or other organs or of their secretions in 2022, accounting for near X% and X% of total imports, respectively. It was distantly followed by South Korea (X tons), committing a X% share of total imports. Hong Kong SAR (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Hong Kong SAR ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, waning by X% against the previous year. Import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, organ extracts import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X,107 per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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