Price for Animal Products; Ossein and Bones Treated with Acid in Japan - 2023
Contents:
- Price for Animal Products; Ossein and Bones Treated with Acid in Japan (CIF) - 2023
- Price for Animal Products; Ossein and Bones Treated with Acid in Japan (FOB) - 2022
- Imports of Animal Products; Ossein and Bones Treated with Acid in Japan
- Exports of Animal Products; Ossein and Bones Treated with Acid in Japan
Price for Animal Products; Ossein and Bones Treated with Acid in Japan (CIF) - 2023
In November 2023, the average import price for animal products; ossein and bones treated with acids amounted to $3,688 per ton, approximately reflecting the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 11% month-to-month. As a result, import price reached the peak level of $3,762 per ton. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were India ($4,230 per ton) and Canada ($4,165 per ton), while the price for Thailand ($3,116 per ton) and Pakistan ($3,305 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animal Products; Ossein and Bones Treated with Acid in Japan (FOB) - 2022
The average export price for animal products; ossein and bones treated with acids stood at $57,950 per ton in 2022, remaining constant against the previous year. Overall, the export price enjoyed resilient growth. The growth pace was the most rapid in 2020 an increase of 70%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($104,000 per ton), while the average price for exports to Hong Kong SAR stood at $56,362 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+29.2%).
Imports of Animal Products; Ossein and Bones Treated with Acid in Japan
Imports of animal products; ossein and bones treated with acids into Japan skyrocketed to 8.8K tons in 2022, jumping by 35% compared with 2021 figures. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of animal products; ossein and bones treated with acids skyrocketed to $29M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.3% against 2020 indices. 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.1 | 5.8 | 7.1 | 15.2 | 28.9% |
| Pakistan | 5.9 | 4.1 | 4.2 | 5.9 | 0.0% |
| Canada | 0.1 | 0.1 | 0.1 | 4.2 | 247.6% |
| Thailand | 2.8 | 3.1 | 2.3 | 4.0 | 12.6% |
| China | 2.5 | 2.5 | 2.1 | N/A | -8.3% |
| Myanmar | N/A | 0.1 | N/A | N/A | 0% |
| Bangladesh | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Others | 1.0 | 1.1 | 4.8 | N/A | 119.1% |
| Total | 19.4 | 16.9 | 20.8 | 29.4 | 14.9% |
Top Suppliers of Animal Products; Ossein and Bones Treated with Acid to Japan in 2022:
- India (4.3K tons)
- Pakistan (2.1K tons)
- Thailand (1.3K tons)
- Canada (1.2K tons)
Exports of Animal Products; Ossein and Bones Treated with Acid in Japan
In 2022, after two years of decline, there was decline in overseas shipments of animal products; ossein and bones treated with acids, when their volume decreased by 0% to 60 kg. Over the period under review, exports saw a precipitous descent. The smallest decline of -67.9% was in 2020.
In value terms, exports of animal products; ossein and bones treated with acids stood at $3.5K in 2022. Overall, exports showed a deep setback. The smallest decline of -45.3% was in 2020.
| Export of Animal Products; Ossein and Bones Treated with Acid in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 6.1 | 3.3 | 3.3 | 3.3 | -18.5% |
| Indonesia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.4 | 3.5 | 3.5 | 3.5 | -18.2% |
Top Export Markets for Animal Products; Ossein and Bones Treated with Acid from Japan in 2022:
- Hong Kong SAR (58.0 kg)
- Indonesia (2.0 kg)
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