Northern America: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in Northern America

The North American bone glue and gelatin market contracted modestly to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Bone Glues and Gelatin in Northern America

In value terms, bone glue and gelatin production declined modestly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 25%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Bone Glues and Gelatin

Exports in Northern America

In 2022, shipments abroad of bone glues and gelatin was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 8.8%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bone glue and gelatin exports rose modestly to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 11%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States represented the main exporting country with an export of around X tons, which reached 69% of total exports. It was distantly followed by Canada (X tons), comprising a 31% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of bone glues and gelatin. At the same time, Canada (+2.6%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +2.6% from 2012-2022. From 2012 to 2022, the share of Canada increased by +5.3 percentage points.

In value terms, the United States ($X) remains the largest bone glue and gelatin supplier in Northern America, comprising 69% of total exports. The second position in the ranking was held by Canada ($X), with a 31% share of total exports.

In the United States, bone glue and gelatin exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, saw a slight setback. The most prominent rate of growth was recorded in 2018 when the export price increased by 3.1% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.6%).

Imports of Bone Glues and Gelatin

Imports in Northern America

Bone glue and gelatin imports reached X tons in 2022, picking up by 2.5% compared with the year before. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 30%. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, bone glue and gelatin imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 when imports increased by 14% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States represented the main importer of bone glues and gelatin in Northern America, with the volume of imports reaching X tons, which was near 79% of total imports in 2022. It was distantly followed by Canada (X tons), constituting a 21% share of total imports.

The United States was also the fastest-growing in terms of the bone glues and gelatin imports, with a CAGR of +1.7% from 2012 to 2022. At the same time, Canada (+1.2%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported bone glues and gelatin in Northern America, comprising 75% of total imports. The second position in the ranking was held by Canada ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States was relatively modest.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, picking up by 5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :