Southern Asia: Market for Bone Glues and Gelatin 2025

Market Size for Bone Glues and Gelatin in Southern Asia

The South Asian bone glue and gelatin market contracted to $X in 2022, which is down by -3.1% against the previous year. The market value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Bone Glues and Gelatin in Southern Asia

In value terms, bone glue and gelatin production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 17%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Bone Glues and Gelatin

Exports in Southern Asia

In 2022, approx. X tons of bone glues and gelatin were exported in Southern Asia; with an increase of 8.5% against the previous year. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 9.1% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, bone glue and gelatin exports expanded significantly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India was the main exporter of bone glues and gelatin in Southern Asia, with the volume of exports finishing at X tons, which was approx. 80% of total exports in 2022. It was distantly followed by Pakistan (X tons), comprising a 16% share of total exports. Bangladesh (X tons) followed a long way behind the leaders.

India experienced a relatively flat trend pattern with regard to volume of exports of bone glues and gelatin. At the same time, Bangladesh (+7.8%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +7.8% from 2012-2022. Pakistan experienced a relatively flat trend pattern. From 2012 to 2022, the share of Bangladesh increased by +2.1 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest bone glue and gelatin supplier in Southern Asia, comprising 84% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 13% share of total exports.

In India, bone glue and gelatin exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (-0.4% per year) and Bangladesh (+11.7% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, growing by 5.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+3.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Bone Glues and Gelatin

Imports in Southern Asia

After five years of growth, purchases abroad of bone glues and gelatin decreased by -11.1% to X tons in 2022. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by 33% against the previous year. The volume of import peaked at X tons in 2021, and then reduced in the following year.

In value terms, bone glue and gelatin imports rose remarkably to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.7% against 2016 indices. The pace of growth was the most pronounced in 2019 when imports increased by 35% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

India dominates imports structure, recording X tons, which was near 87% of total imports in 2022. It was distantly followed by Sri Lanka (X tons), making up a 6.6% share of total imports. Bangladesh (X tons) took a little share of total imports.

India was also the fastest-growing in terms of the bone glues and gelatin imports, with a CAGR of +6.8% from 2012 to 2022. At the same time, Bangladesh (+6.7%) displayed positive paces of growth. By contrast, Sri Lanka (-1.4%) illustrated a downward trend over the same period. India (+7.1 p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka saw its share reduced by -6.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported bone glues and gelatin in Southern Asia, comprising 86% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 7.1% share of total imports.

In India, bone glue and gelatin imports expanded at an average annual rate of +7.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (-0.5% per year) and Bangladesh (+13.9% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, increasing by 21% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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