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

Contents:

1. Price for Animal Products; Ossein and Bones Treated with Acid in the UK (CIF) - 2023
2. Price for Animal Products; Ossein and Bones Treated with Acid in the UK (FOB) - 2022
3. Imports of Animal Products; Ossein and Bones Treated with Acid in the UK
4. Exports of Animal Products; Ossein and Bones Treated with Acid in the UK

Price for Animal Products; Ossein and Bones Treated with Acid in the UK (CIF) - 2023

The average import price for animal products; ossein and bones treated with acids stood at $1,407 per ton in December 2023, leveling off at the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +4.2%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 24% against the previous month. Over the period under review, average import prices attained the peak figure at $1,477 per ton in July 2023; however, from August 2023 to December 2023, import prices failed to regain momentum.

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

From December 2022 to December 2023, the rate of growth in terms of prices for Belgium amounted to +4.6% per month.

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

The average export price for animal products; ossein and bones treated with acids stood at $1,601,000 per ton in 2022, rising by 198,895% against the previous year. Over the period under review, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Ireland amounted to +2,646.1% per year.

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

In 2022, imports of animal products; ossein and bones treated with acids into the UK stood at 33K tons, almost unchanged from 2021 figures. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 7.9% against the previous year. As a result, imports reached the peak of 35K tons. 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 fell to $23M in 2022. Overall, imports, however, recorded a abrupt decline. The smallest decline of -2.5% was in 2020.

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

1. Belgium (32.7K tons)

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

In 2022, the amount of animal products; ossein and bones treated with acids exported from the UK fell rapidly to 3 kg, which is down by 99.9% against the previous year. Over the period under review, exports showed a sharp descent. The growth pace was the most rapid in 2021 with an increase of 87%. As a result, the exports attained the peak of 19 tons, and then dropped rapidly in the following year.

In value terms, exports of animal products; ossein and bones treated with acids dropped significantly to $4.8K in 2022. In general, exports showed a dramatic downturn. The smallest decline of -28.3% was in 2021.

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

1. Ireland (3.0 kg)

Source: IndexBox Market Intelligence Platform