U.S.: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in the U.S.

The U.S. bone glue and gelatin market contracted to $X in 2022, falling by -3.9% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Bone Glues and Gelatin in the U.S.

In value terms, bone glue and gelatin production reduced modestly to $X in 2022. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 25%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Bone Glues and Gelatin

Exports from the U.S.

In 2022, overseas shipments of bone glues and gelatin increased by 5.1% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 15%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bone glue and gelatin exports stood at $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 13% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), Mexico (X tons) and South Korea (X tons) were the main destinations of bone glue and gelatin exports from the United States, together accounting for 71% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +8.9%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and India ($X) were the largest markets for bone glue and gelatin exported from the United States worldwide, together comprising 78% of total exports. South Korea, the Dominican Republic, Argentina, China, Japan and the UK lagged somewhat behind, together accounting for a further 9.9%.

In terms of the main countries of destination, the Dominican Republic, with a CAGR of +9.1%, recorded 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, shrinking by -2.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 5.5% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to South Korea ($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 the Dominican Republic (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bone Glues and Gelatin

Imports into the U.S.

In 2022, after five years of growth, there was decline in supplies from abroad of bone glues and gelatin, when their volume decreased by -2.5% to X tons. The total import volume increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 9.9% against the previous year. Imports peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, bone glue and gelatin imports dropped to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 15%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of bone glue and gelatin to the United States, with a 35% share of total imports. Moreover, bone glue and gelatin imports from Brazil exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+2.8% per year) and China (-2.7% per year).

In value terms, Brazil ($X) constituted the largest supplier of bone glues and gelatin to the United States, comprising 45% of total imports. The second position in the ranking was held by Canada ($X), with a 13% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+1.1% per year) and China (+0.3% per year).

Import Prices by Country

The average bone glue and gelatin import price stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price, however, continues to indicate a mild decline. The growth pace was the most rapid in 2013 an increase of 10%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 India ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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