Report Update Nov 1, 2024

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

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Ghana: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in Ghana

After three years of growth, the Ghanian bone glue and gelatin market decreased by -12.5% to $X in 2022. In general, consumption, however, enjoyed resilient growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Bone Glues and Gelatin

Exports from Ghana

Bone glue and gelatin exports from Ghana was estimated at X tons in 2020, approximately reflecting the previous year's figure. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2017. The exports peaked in 2020 and are likely to continue growth in the near future.

In value terms, bone glue and gelatin exports stood at $X in 2020. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2017. The exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for bone glue and gelatin exports from Ghana, accounting for a approx. 100% share of total exports.

From 2013 to 2020, the average annual growth rate of volume to Cote d'Ivoire was relatively modest.

From 2013 to 2020, the average annual growth rate of value to Cote d'Ivoire was relatively modest.

Export Prices by Country

The average bone glue and gelatin export price stood at $X per ton in 2020, approximately equating the previous year. Over the period under review, the export price saw a prominent increase. The pace of growth was the most pronounced in 2017 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2013 to 2020, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Imports of Bone Glues and Gelatin

Imports into Ghana

In 2022, after three years of growth, there was significant decline in overseas purchases of bone glues and gelatin, when their volume decreased by -11.3% to X tons. In general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by 411% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, bone glue and gelatin imports fell to $X in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2013 when imports increased by 583% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) constituted the largest bone glue and gelatin supplier to Ghana, accounting for a 68% share of total imports. Moreover, bone glue and gelatin imports from South Africa exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa stood at +71.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.1% per year) and China (+10.5% per year).

In value terms, South Africa ($X) constituted the largest supplier of bone glues and gelatin to Ghana, comprising 64% of total imports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total imports. It was followed by India, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from South Africa amounted to +77.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+83.7% per year) and India (-11.3% per year).

Import Prices by Country

The average bone glue and gelatin import price stood at $X per ton in 2022, dropping by -2.2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 41%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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, with a combined 43% share of global consumption. Japan, Brazil, Pakistan, Bangladesh, Germany, Mexico, Vietnam, South Korea, Turkey and Egypt lagged somewhat behind, together accounting for a further 31%.

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

China remains the largest bone glue and gelatin producing country worldwide, 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 United States ranked third in terms of total production with a 9.2% share.

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

In value terms, China, India and the United Arab Emirates appeared to be the largest bone glue and gelatin suppliers to Ghana, together accounting for 68% of total imports. These countries were followed by Belgium, Germany, France and the UK, which together accounted for a further 26%.

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

In 2016, the average bone glue and gelatin export price amounted to $790 per ton, remaining relatively unchanged against the previous year.

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

The average bone glue and gelatin import price stood at $6,092 per ton in 2021, flattening at the previous year.

This report provides an in-depth analysis of the market for bone glue and gelatin in Ghana. 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:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
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