Tunisia: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in Tunisia

In 2022, after two years of decline, there was significant growth in the Tunisian bone glue and gelatin market, when its value increased by 7.3% to $X. Over the period under review, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Bone Glues and Gelatin

Exports from Tunisia

In 2022, overseas shipments of bone glues and gelatin were finally on the rise to reach X kg after six years of decline. Over the period under review, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 114% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, bone glue and gelatin exports reached $X in 2022. Overall, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2015 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X kg) was the main destination for bone glue and gelatin exports from Tunisia, with a 85% share of total exports. Moreover, bone glue and gelatin exports to Spain exceeded the volume sent to the second major destination, Algeria (X kg), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to +24.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (-25.1% per year) and Libya (-28.6% per year).

In value terms, Spain ($X) remains the key foreign market for bone glues and gelatin exports from Tunisia, comprising 82% of total exports. The second position in the ranking was held by Algeria ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled +35.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (-21.6% per year) and Libya (-28.2% per year).

Export Prices by Country

The average bone glue and gelatin export price stood at $X per ton in 2022, which is down by -3.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 17% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to Spain ($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 Spain (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bone Glues and Gelatin

Imports into Tunisia

In 2022, supplies from abroad of bone glues and gelatin increased by 0.8% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 220% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, bone glue and gelatin imports rose notably to $X in 2022. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 150%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of bone glue and gelatin to Tunisia, accounting for a 30% share of total imports. Moreover, bone glue and gelatin imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+10.2% per year) and Germany (+8.6% per year).

In value terms, Italy ($X) constituted the largest supplier of bone glues and gelatin to Tunisia, comprising 25% of total imports. The second position in the ranking was held by China ($X), with an 8.3% share of total imports. It was followed by Turkey, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+58.1% per year) and Turkey (+1.9% per year).

Import Prices by Country

The average bone glue and gelatin import price stood at $X per ton in 2022, growing by 12% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 83%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform