Price for Animal Products; Ossein and Bones Treated with Acid in Hong Kong SAR - 2022
Contents:
- Price for Animal Products; Ossein and Bones Treated with Acid in Hong Kong SAR (CIF) - 2022
- Imports of Animal Products; Ossein and Bones Treated with Acid in Hong Kong SAR
Price for Animal Products; Ossein and Bones Treated with Acid in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for animal products; ossein and bones treated with acids amounted to $685 per ton, dropping by -42.1% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2013 when the average import price increased by 114%. As a result, import price attained the peak level of $7,660 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,290 per ton), while the price for Poland ($324 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-2.1%), while the prices for the other major suppliers experienced a decline.
Imports of Animal Products; Ossein and Bones Treated with Acid in Hong Kong SAR
In 2022, imports of animal products; ossein and bones treated with acids into Hong Kong SAR surged to 116 tons, jumping by 96% against 2021. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 166% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of animal products; ossein and bones treated with acids totaled $80K in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 100%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Animal Products; Ossein and Bones Treated with Acid in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 21.7 | 47.6 | 55.5 | 30.9 | 12.5% |
| France | N/A | N/A | N/A | 18.1 | 0% |
| Portugal | N/A | N/A | N/A | 13.2 | 0% |
| Poland | 2.0 | 9.0 | 9.1 | 12.1 | 82.2% |
| Japan | 1.3 | 2.7 | 2.4 | 2.7 | 27.6% |
| Others | 5.2 | 1.3 | 3.1 | 2.7 | -19.6% |
| Total | 30.3 | 60.5 | 70.1 | 79.7 | 38.0% |
Top Suppliers of Animal Products; Ossein and Bones Treated with Acid to Hong Kong SAR in 2022:
- Brazil (44.5 tons)
- Poland (37.4 tons)
- Portugal (16.7 tons)
- France (14.0 tons)
- Japan (3.4 tons)
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