Price for Animal Products; Ossein and Bones Treated with Acid in Portugal - 2023

Contents:

  1. Price for Animal Products; Ossein and Bones Treated with Acid in Portugal (FOB) - 2022
  2. Price for Animal Products; Ossein and Bones Treated with Acid in Portugal (CIF) - 2022
  3. Exports of Animal Products; Ossein and Bones Treated with Acid in Portugal
  4. Imports of Animal Products; Ossein and Bones Treated with Acid in Portugal

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

The average export price for animal products; ossein and bones treated with acids stood at $1,107 per ton in 2022, dropping by -18.6% against the previous year. Overall, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. As a result, the export price reached the peak level of $1,360 per ton, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,383 per ton), while the average price for exports to Hong Kong SAR ($677 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+20.4%).

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

The average import price for animal products; ossein and bones treated with acids stood at $9,000 per ton in 2020, growing by 36% against the previous year. In general, the import price posted significant growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 231% against the previous year. The import price peaked in 2020 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2013 to 2020, the rate of growth in terms of prices for Spain amounted to +40.2% per year.

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

In 2022, exports of animal products; ossein and bones treated with acids from Portugal soared to 775 tons, picking up by 318% against 2021. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of animal products; ossein and bones treated with acids soared to $858K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Animal Products; Ossein and Bones Treated with Acid in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain23326697.537917.6%
ChinaN/AN/AN/A3550%
Denmark28.5N/AN/A10755.4%
Hong Kong SARN/AN/AN/A17.00%
IrelandN/A10199.1N/A-1.9%
Others34.416.855.7N/A27.2%
Total29638425285842.6%

Top Export Markets for Animal Products; Ossein and Bones Treated with Acid from Portugal in 2022:

  1. China (366.4 tons)
  2. Spain (274.1 tons)
  3. Denmark (109.4 tons)
  4. Hong Kong SAR (25.1 tons)

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

Imports of animal products; ossein and bones treated with acids into Portugal fell dramatically to 22 kg in 2020, shrinking by -92.9% compared with the previous year. Overall, imports continue to indicate a sharp contraction.

In value terms, imports of animal products; ossein and bones treated with acids shrank sharply to $198 in 2020. Over the period under review, imports saw a dramatic downturn.

Import of Animal Products; Ossein and Bones Treated with Acid in Portugal (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Spain2.00.2-90.0%
OthersN/AN/A0%
Total2.00.2-90.0%

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

  1. Spain (22.0 kg)

Source: IndexBox Market Intelligence Platform

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