Price for Animal Products; Ossein and Bones Treated with Acid in Kenya - 2022

Price for Animal Products; Ossein and Bones Treated with Acid in Kenya (FOB) - 2022

The average export price for animal products; ossein and bones treated with acids stood at $1,156 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price recorded a abrupt descent. The export price peaked at $7,689 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to -17.3% per year.

Exports of Animal Products; Ossein and Bones Treated with Acid in Kenya

In 2022, after three years of growth, there was significant decline in shipments abroad of animal products; ossein and bones treated with acids, when their volume decreased by -11.1% to 32 kg. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 36 kg, and then shrank in the following year.

In value terms, exports of animal products; ossein and bones treated with acids dropped to $37 in 2022. Overall, exports continue to indicate a abrupt shrinkage. The smallest decline of -6.2% was in 2020.