Kenya: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in Kenya

After three years of growth, the Kenyan bone glue and gelatin market decreased by -2.8% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Bone Glues and Gelatin

Exports from Kenya

In 2022, shipments abroad of bone glues and gelatin decreased by -14.8% to X kg for the first time since 2017, thus ending a four-year rising trend. In general, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of 43%. The exports peaked 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 contracted to $X in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X kg) was the main destination for bone glue and gelatin exports from Kenya, accounting for a 68% share of total exports. Moreover, bone glue and gelatin exports to China exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X kg), fourfold. The third position in this ranking was held by Tanzania (X kg), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to -14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+32.8% per year) and Tanzania (+48.2% per year).

In value terms, China ($X), Tanzania ($X) and Rwanda ($X) constituted the largest markets for bone glue and gelatin exported from Kenya worldwide, together accounting for 96% of total exports.

In terms of the main countries of destination, Tanzania, with a CAGR of +63.2%, 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, remaining constant against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of 28%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Rwanda (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bone Glues and Gelatin

Imports into Kenya

In 2022, imports of bone glues and gelatin into Kenya expanded slightly to X tons, with an increase of 4.8% against the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 82% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, bone glue and gelatin imports fell to $X in 2022. Overall, imports saw a modest increase. The pace of growth was the most pronounced in 2020 when imports increased by 48%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of bone glue and gelatin to Kenya, with a 64% share of total imports. Moreover, bone glue and gelatin imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. India (X tons) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.3% per year) and India (-5.2% per year).

In value terms, the UK ($X) constituted the largest supplier of bone glues and gelatin to Kenya, comprising 40% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.0% per year) and China (+2.9% per year).

Import Prices by Country

In 2022, the average bone glue and gelatin import price amounted to $X per ton, falling by -10.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2021 when the average import price increased by 25%. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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