South-Eastern Asia: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in South-Eastern Asia

The Southeast Asian bone glue and gelatin market rose slightly to $X in 2022, growing by X% against the previous year. The total consumption indicated a resilient 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Bone Glues and Gelatin in South-Eastern Asia

In value terms, bone glue and gelatin production reduced modestly to $X in 2022 estimated in export price. The total production indicated a buoyant 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 decreased by X% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Bone Glues and Gelatin

Exports in South-Eastern Asia

In 2022, approx. X tons of bone glues and gelatin were exported in South-Eastern Asia; therefore, remained relatively stable against 2021. The total export volume 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 most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, bone glue and gelatin exports surged to $X in 2022. Total exports indicated buoyant 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Vietnam was the major exporting country with an export of around X tons, which reached X% of total exports. Thailand (X tons) ranks second in terms of the total exports with a X% share, followed by Singapore (X%).

Vietnam was also the fastest-growing in terms of the bone glues and gelatin exports, with a CAGR of X% from 2012 to 2022. Thailand (X%) and Singapore (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) remains the largest bone glue and gelatin supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Vietnam totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated a notable 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 2019 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Imports of Bone Glues and Gelatin

Imports in South-Eastern Asia

In 2022, supplies from abroad of bone glues and gelatin increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, bone glue and gelatin imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam (X tons) and Indonesia (X tons) represented roughly X% of total imports in 2022. Thailand (X tons) held the next position in the ranking, followed by the Philippines (X tons) and Malaysia (X tons). All these countries together held near X% share of total imports. The following importers - Singapore (X tons) and Cambodia (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Indonesia ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The Philippines, Malaysia, Singapore and Cambodia lagged somewhat behind, together comprising a further X%.

Cambodia, 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 more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Indonesia ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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