Price for Animal Products; Ossein and Bones Treated with Acid in the United Arab Emirates - 2022

Contents:

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

Price for Animal Products; Ossein and Bones Treated with Acid in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for animal products; ossein and bones treated with acids amounted to $5,055 per ton, falling by -27.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 40%. Over the period under review, average import prices hit record highs at $11,197 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,150 per ton), while the price for India ($1,854 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+1.3%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for animal products; ossein and bones treated with acids amounted to $1,550 per ton, leveling off at the previous year. In general, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 133% against the previous year. The export price peaked at $8,103 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for Oman amounted to -7.5% per year.

Imports of Animal Products; Ossein and Bones Treated with Acid in the United Arab Emirates

Imports of animal products; ossein and bones treated with acids into the United Arab Emirates surged to 164 kg in 2022, increasing by 108% against the previous year's figure. Overall, imports continue to indicate a significant expansion. 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 soared to $829 in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Animal Products; Ossein and Bones Treated with Acid to the United Arab Emirates in 2022:

1. United States (100.0 kg)
2. India (41.0 kg)
3. Tanzania (22.0 kg)
4. South Africa (1.0 kg)

Exports of Animal Products; Ossein and Bones Treated with Acid in the United Arab Emirates

In 2022, shipments abroad of animal products; ossein and bones treated with acids decreased by 0% to 60 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of animal products; ossein and bones treated with acids stood at $93 in 2022. Over the period under review, exports showed a sharp reduction. The smallest decline of -20.9% was in 2020.

Top Export Markets for Animal Products; Ossein and Bones Treated with Acid from the United Arab Emirates in 2022:

1. Zambia (60.0 kg)

Source: IndexBox Market Intelligence Platform