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

Contents:

  1. Price for Animal Products; Ossein and Bones Treated with Acid in Kuwait (CIF) - 2022
  2. Imports of Animal Products; Ossein and Bones Treated with Acid in Kuwait

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

The average import price for animal products; ossein and bones treated with acids stood at $12,147 per ton in 2022, which is down by -9.1% against the previous year. Overall, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 31%. Over the period under review, average import prices attained the maximum at $24,073 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($16,800 per ton), while the price for Austria stood at $12,079 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.3%).

Imports of Animal Products; Ossein and Bones Treated with Acid in Kuwait

Imports of animal products; ossein and bones treated with acids into Kuwait totaled 348 kg in 2022, surging by 2.4% on the previous year. Overall, imports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. As a result, imports attained the peak of 522 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of animal products; ossein and bones treated with acids dropped to $4.2K in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. As a result, imports attained the peak of $11K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Animal Products; Ossein and Bones Treated with Acid in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/A10.53.94.1-37.5%
South Africa6.71.00.70.1-75.4%
OthersN/AN/AN/AN/A0%
Total6.711.54.54.2-14.4%

Top Suppliers of Animal Products; Ossein and Bones Treated with Acid to Kuwait in 2022:

  1. Austria (343.0 kg)
  2. South Africa (5.0 kg)

Source: IndexBox Market Intelligence Platform

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