Middle East: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in the Middle East

The Middle Eastern bone glue and gelatin market rose modestly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Bone Glues and Gelatin in the Middle East

In value terms, bone glue and gelatin production totaled $X in 2022 estimated in export price. The total production indicated a prominent increase 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 decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Bone Glues and Gelatin

Exports in the Middle East

Bone glue and gelatin exports expanded sharply to X tons in 2022, picking up by X% compared with the previous year's figure. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, bone glue and gelatin exports surged to $X in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. The United Arab Emirates (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to bone glue and gelatin exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest bone glue and gelatin supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, bone glue and gelatin exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated a strong expansion 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, bone glue and gelatin export price increased by X% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates amounted to $X per ton.

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

Imports of Bone Glues and Gelatin

Imports in the Middle East

In 2022, after two years of decline, there was significant growth in supplies from abroad of bone glues and gelatin, when their volume increased by X% to X tons. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, bone glue and gelatin imports skyrocketed to $X in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons) and Iran (X tons) dominates imports structure, together generating X% of total imports. The United Arab Emirates (X tons) ranks next in terms of the total imports with a X% share, followed by Iraq (X%) and Israel (X%). Jordan (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest bone glue and gelatin importing markets in the Middle East were Turkey ($X), Iran ($X) and the United Arab Emirates ($X), together accounting for X% of total imports. Israel, Iraq and Jordan lagged somewhat behind, together accounting for a further X%.

Iraq, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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