Report Update Nov 1, 2024

Dominican Republic - Bone Glues and Gelatin - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in the Dominican Republic

The Dominican bone glue and gelatin market totaled $X in 2022, flattening at the previous year. Overall, consumption saw a slight slump. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Bone Glues and Gelatin in the Dominican Republic

In value terms, bone glue and gelatin production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production showed a mild downturn. The pace of growth was the most pronounced in 2015 with an increase of 42%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of Bone Glues and Gelatin

Exports from the Dominican Republic

After seven years of growth, overseas shipments of bone glues and gelatin decreased by -4.1% to X tons in 2022. Over the period under review, exports, however, posted a strong expansion. The growth pace was the most rapid in 2015 when exports increased by 507% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced modestly in the following year.

In value terms, bone glue and gelatin exports reached $X in 2022. Overall, exports continue to indicate a perceptible decline. The growth pace was the most rapid in 2015 when exports increased by 324% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for bone glue and gelatin exports from the Dominican Republic, with a approx. 99% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Haiti totaled +39.0%.

In value terms, Haiti ($X) also remains the key foreign market for bone glues and gelatin exports from the Dominican Republic.

From 2013 to 2022, the average annual growth rate of value to Haiti stood at +24.2%.

Export Prices by Country

The average bone glue and gelatin export price stood at $X per ton in 2022, surging by 5.2% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 65%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Haiti amounted to -10.7% per year.

Imports of Bone Glues and Gelatin

Imports into the Dominican Republic

In 2022, purchases abroad of bone glues and gelatin increased by 79% to X tons, rising for the second year in a row after two years of decline. Overall, imports posted a tangible increase. The pace of growth appeared the most rapid in 2013 with an increase of 137% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, bone glue and gelatin imports surged to $X in 2022. In general, imports posted moderate growth. The pace of growth appeared the most rapid in 2013 when imports increased by 137%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Colombia (X tons) constituted the largest bone glue and gelatin supplier to the Dominican Republic, with a 82% share of total imports. Moreover, bone glue and gelatin imports from Colombia exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-5.9% per year) and the UK (+18.5% per year).

In value terms, Colombia ($X) constituted the largest supplier of bone glues and gelatin to the Dominican Republic, comprising 82% of total imports. The second position in the ranking was held by Brazil ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Colombia amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-2.7% per year) and the UK (+12.1% per year).

Import Prices by Country

In 2022, the average bone glue and gelatin import price amounted to $X per ton, surging by 25% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bone glues and gelatin in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 43% of global consumption. These countries were followed by Japan, Brazil, Pakistan, Bangladesh, Germany, Mexico, Vietnam, South Korea, Turkey and Egypt, which together accounted for a further 31%.

What are the largest producers of bone glues and gelatin in the world?

China constituted the country with the largest volume of bone glue and gelatin production, accounting for 24% of total volume. Moreover, bone glue and gelatin production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.2% share.

What are the leading suppliers of bone glues and gelatin to the Dominican Republic?

In value terms, the United States constituted the largest supplier of bone glue and gelatin to the Dominican Republic, comprising 80% of total imports. The second position in the ranking was occupied by Colombia, with an 11% share of total imports. It was followed by Brazil, with a 5.6% share.

What are the leading importers of bone glues and gelatin from the Dominican Republic?

In value terms, Haiti remains the key foreign market for bone glue and gelatin exports from the Dominican Republic, comprising 78% of total exports. The second position in the ranking was occupied by Colombia, with a 9.6% share of total exports.

What is the average export price for bone glues and gelatin in the Dominican Republic?

In 2021, the average bone glue and gelatin export price amounted to $2,077 per ton, approximately mirroring the previous year.

What is the average import price for bone glues and gelatin in the Dominican Republic?

In 2021, the average bone glue and gelatin import price amounted to $7,743 per ton, dropping by -3.7% against the previous year.

This report provides an in-depth analysis of the market for bone glue and gelatin in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20521040 - Bone glues, other glues of animal origin (excluding casein glues)
Prodcom 20596080 - Gelatin and its derivatives, isinglass (excluding casein glues and bone glues)

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023