Czech Republic: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in the Czech Republic

In 2022, the Czech bone glue and gelatin market increased by 18% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +87.3% against 2017 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Bone Glues and Gelatin

Exports from the Czech Republic

In 2022, overseas shipments of bone glues and gelatin increased by 1.4% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 95%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, bone glue and gelatin exports rose slightly to $X in 2022. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by 94% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), Poland (X tons) and Italy (X tons) were the main destinations of bone glue and gelatin exports from the Czech Republic, together comprising 80% of total exports. Slovakia, Ukraine and Romania lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +33.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bone glue and gelatin exported from the Czech Republic were Poland ($X), Germany ($X) and Italy ($X), with a combined 76% share of total exports. Slovakia, Ukraine and Romania lagged somewhat behind, together comprising a further 18%.

In terms of the main countries of destination, Slovakia, with a CAGR of +30.7%, recorded the highest growth rate of 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

In 2022, the average bone glue and gelatin export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 86% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Italy ($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 Poland (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bone Glues and Gelatin

Imports into the Czech Republic

In 2022, imports of bone glues and gelatin into the Czech Republic expanded modestly to X tons, growing by 4.9% compared with the previous year. The total import volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, bone glue and gelatin imports skyrocketed to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.0% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Belgium (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of bone glue and gelatin imports to the Czech Republic, together accounting for 60% of total imports. The Netherlands, Slovakia, France, Denmark, Spain and Poland lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +11.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bone glue and gelatin suppliers to the Czech Republic were Italy ($X), Belgium ($X) and the Netherlands ($X), together accounting for 56% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +17.4%, 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, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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