Price for Animal Products; Ossein and Bones Treated with Acid in Thailand - 2024
Contents:
- Price for Animal Products; Ossein and Bones Treated with Acid in Thailand (FOB) - 2024
- Price for Animal Products; Ossein and Bones Treated with Acid in Thailand (CIF) - 2022
- Exports of Animal Products; Ossein and Bones Treated with Acid in Thailand
- Imports of Animal Products; Ossein and Bones Treated with Acid in Thailand
Price for Animal Products; Ossein and Bones Treated with Acid in Thailand (FOB) - 2024
In January 2024, the average export price for animal products; ossein and bones treated with acids amounted to $1,958 per ton, almost unchanged from the previous month. Overall, the export price, however, continues to indicate a slight decrease. The growth pace was the most rapid in July 2023 an increase of 34% against the previous month. The export price peaked at $2,524 per ton in March 2023; however, from April 2023 to January 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($5,426 per ton), while the average price for exports to Japan totaled $1,863 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.3%).
Price for Animal Products; Ossein and Bones Treated with Acid in Thailand (CIF) - 2022
In 2022, the average import price for animal products; ossein and bones treated with acids amounted to $10,889 per ton, declining by -3.2% against the previous year. In general, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 348%. As a result, import price attained the peak level of $113,885 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +33.0% per year.
Exports of Animal Products; Ossein and Bones Treated with Acid in Thailand
In 2022, the amount of animal products; ossein and bones treated with acids exported from Thailand rose notably to 2.5K tons, increasing by 9.3% on 2021. Overall, exports, however, showed a abrupt shrinkage.
In value terms, exports of animal products; ossein and bones treated with acids expanded rapidly to $5.5M in 2022. The total export value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Animal Products; Ossein and Bones Treated with Acid in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.1 | 3.9 | 5.0 | 5.2 | 8.2% |
| South Korea | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.2 | 3.9 | 5.1 | 5.5 | 9.4% |
Top Export Markets for Animal Products; Ossein and Bones Treated with Acid from Thailand in 2022:
- Japan (2.5K tons)
- South Korea (0.1K tons)
Imports of Animal Products; Ossein and Bones Treated with Acid in Thailand
In 2022, purchases abroad of animal products; ossein and bones treated with acids decreased by -98.5% to 9 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 513% against the previous year. As a result, imports reached the peak of 8.9 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of animal products; ossein and bones treated with acids shrank significantly to $98 in 2022. Over the period under review, imports saw a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 424% against the previous year. As a result, imports reached the peak of $92K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Animal Products; Ossein and Bones Treated with Acid in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 0.1 | 0% |
| Australia | 17.6 | 19.3 | 6.8 | N/A | -37.8% |
| Pakistan | N/A | 72.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.6 | 92.1 | 6.8 | 0.1 | -82.2% |
Top Suppliers of Animal Products; Ossein and Bones Treated with Acid to Thailand in 2022:
- Indonesia (9.0 kg)
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