Price for Animal Products; Ossein and Bones Treated with Acid in Vietnam - 2022
Contents:
- Price for Animal Products; Ossein and Bones Treated with Acid in Vietnam (CIF) - 2022
- Imports of Animal Products; Ossein and Bones Treated with Acid in Vietnam
Price for Animal Products; Ossein and Bones Treated with Acid in Vietnam (CIF) - 2022
The average import price for animal products; ossein and bones treated with acids stood at $383 per ton in 2022, with a decrease of -39.6% against the previous year. Overall, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 30%. As a result, import price reached the peak level of $1,313 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,253 per ton), while the price for Tanzania ($30 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+64.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Animal Products; Ossein and Bones Treated with Acid in Vietnam
In 2022, imports of animal products; ossein and bones treated with acids into Vietnam rose significantly to 121 tons, surging by 15% compared with the year before. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 521%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of animal products; ossein and bones treated with acids reduced dramatically to $46K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 262% against the previous year. As a result, imports reached the peak of $67K, and then shrank significantly in the following year.
Import of Animal Products; Ossein and Bones Treated with Acid in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 9.7 | 8.2 | 49.3 | 27.7 | 41.9% |
India | 1.9 | 1.2 | 0.6 | 2.1 | 3.4% |
Tanzania | N/A | N/A | 0.2 | 0.4 | 100.0% |
Others | 7.0 | 9.1 | 16.8 | 16.1 | 32.0% |
Total | 18.6 | 18.5 | 66.9 | 46.4 | 35.6% |
Top Suppliers of Animal Products; Ossein and Bones Treated with Acid to Vietnam in 2022:
- Nigeria (104.4 tons)
- Tanzania (14.0 tons)
- India (1.7 tons)
This report provides an in-depth analysis of the market for animal disposal unfit for human consumption in Vietnam.
Global Inedible Animal Disposal Market Report 2018. This report provides an in-depth analysis of the global inedible animal disposal market.
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