GCC: Market for Bone Glues and Gelatin 2025

Market Size for Bone Glues and Gelatin in GCC

The GCC bone glue and gelatin market fell to $X in 2022, remaining relatively unchanged against the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.3% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Bone Glues and Gelatin in GCC

In value terms, bone glue and gelatin production fell to $X in 2022 estimated in export price. In general, production, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2016 with an increase of 84%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Bone Glues and Gelatin

Exports in GCC

In 2022, the amount of bone glues and gelatin exported in GCC shrank rapidly to X tons, waning by -38.2% against 2021. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 1,444% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, bone glue and gelatin exports fell markedly to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 1,962%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) dominates exports structure, together generating 97% of total exports. Kuwait (X kg) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kuwait (with a CAGR of +57.4%), while the other leaders experienced a decline in the exports figures.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 100% of total exports.

In terms of the main exporting countries, Kuwait, with a CAGR of +79.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, reducing by -4.4% against the previous year. Export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 increased by +29.8% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 34% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then contracted slightly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+13.7%), while the other leaders experienced more modest paces of growth.

Imports of Bone Glues and Gelatin

Imports in GCC

In 2022, after three years of growth, there was decline in overseas purchases of bone glues and gelatin, when their volume decreased by -2% to X tons. Over the period under review, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 108%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, bone glue and gelatin imports amounted to $X in 2022. In general, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2019 when imports increased by 162% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the largest importer of bone glues and gelatin, comprising 77% of total imports. Saudi Arabia (X tons) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (4.6%). Bahrain (X tons) and Oman (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to bone glue and gelatin imports into the United Arab Emirates stood at +1.9%. At the same time, Bahrain (+11.2%) and Oman (+2.4%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of +11.2% from 2012-2022. By contrast, Saudi Arabia (-8.0%) and Kuwait (-11.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates and Bahrain increased by +19 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported bone glues and gelatin in GCC, comprising 72% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 15% share of total imports. It was followed by Kuwait, with a 7.3% share.

In the United Arab Emirates, bone glue and gelatin imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (-2.4% per year) and Kuwait (-8.3% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, increasing by 2.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 26% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform