Price for Animal Products; Ossein and Bones Treated with Acid in Bangladesh - 2022
Contents:
- Price for Animal Products; Ossein and Bones Treated with Acid in Bangladesh (CIF) - 2022
- Price for Animal Products; Ossein and Bones Treated with Acid in Bangladesh (FOB) - 2022
- Imports of Animal Products; Ossein and Bones Treated with Acid in Bangladesh
- Exports of Animal Products; Ossein and Bones Treated with Acid in Bangladesh
Price for Animal Products; Ossein and Bones Treated with Acid in Bangladesh (CIF) - 2022
The average import price for animal products; ossein and bones treated with acids stood at $3,800 per ton in 2022, with an increase of 187% against the previous year. Over the period under review, the import price recorded a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($4,744 per ton), while the price for India amounted to $1,067 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.9%).
Price for Animal Products; Ossein and Bones Treated with Acid in Bangladesh (FOB) - 2022
The average export price for animal products; ossein and bones treated with acids stood at $11,306 per ton in 2022, growing by 6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2019 an increase of 16% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($15,935 per ton), while the average price for exports to India totaled $4,506 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+51.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Animal Products; Ossein and Bones Treated with Acid in Bangladesh
In 2022, approx. 19 tons of animal products; ossein and bones treated with acids were imported into Bangladesh; with an increase of 5.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of animal products; ossein and bones treated with acids soared to $72K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Animal Products; Ossein and Bones Treated with Acid in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 66.3 | 0% |
| India | 7.8 | 13.5 | 23.6 | 5.2 | -12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 13.5 | 23.6 | 71.5 | 109.3% |
Top Suppliers of Animal Products; Ossein and Bones Treated with Acid to Bangladesh in 2022:
- Egypt (14.0 tons)
- India (4.8 tons)
Exports of Animal Products; Ossein and Bones Treated with Acid in Bangladesh
In 2022, shipments abroad of animal products; ossein and bones treated with acids decreased by -17.4% to 3.8 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 318% against the previous year. As a result, the exports reached the peak of 5.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of animal products; ossein and bones treated with acids contracted to $43K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 309% against the previous year. As a result, the exports attained the peak of $56K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Animal Products; Ossein and Bones Treated with Acid in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 12.6 | 42.3 | 39.5 | 36.5 | 42.6% |
| India | 1.2 | 13.8 | 9.9 | 7.0 | 80.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.7 | 56.1 | 49.4 | 43.5 | 47.0% |
Top Export Markets for Animal Products; Ossein and Bones Treated with Acid from Bangladesh in 2022:
- Japan (2.3 tons)
- India (1.6 tons)
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