Austria: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in Austria

In 2022, the Austrian bone glue and gelatin market was finally on the rise to reach $X after four years of decline. The market value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Exports of Bone Glues and Gelatin

Exports from Austria

In 2022, the amount of bone glues and gelatin exported from Austria shrank to X tons, which is down by -8.8% against the year before. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bone glue and gelatin exports stood at $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X tons), the Czech Republic (X tons) and Germany (X tons) were the main destinations of bone glue and gelatin exports from Austria, together accounting for 61% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +37.6%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and Italy ($X) were the largest markets for bone glue and gelatin exported from Austria worldwide, with a combined 70% share of total exports. The Czech Republic, Slovenia, Slovakia, Croatia and Serbia lagged somewhat behind, together accounting for a further 19%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +31.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bone glue and gelatin export price stood at $X per ton in 2022, increasing by 12% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bone glue and gelatin export price decreased by -7.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 34%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Slovakia ($X 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 Germany (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bone Glues and Gelatin

Imports into Austria

In 2022, the amount of bone glues and gelatin imported into Austria fell to X tons, which is down by -11.8% against the previous year's figure. Over the period under review, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.6% against 2017 indices. The pace of growth appeared the most rapid in 2015 when imports increased by 32%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, bone glue and gelatin imports totaled $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 16%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Turkey (X tons) were the main suppliers of bone glue and gelatin imports to Austria, together accounting for 66% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +154.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Turkey ($X) and the Netherlands ($X) appeared to be the largest bone glue and gelatin suppliers to Austria, together accounting for 67% of total imports.

Among the main suppliers, Turkey, with a CAGR of +159.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bone glue and gelatin import price stood at $X per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 21%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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