Uganda: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in Uganda

The Ugandan bone glue and gelatin market shrank modestly to $X in 2022, waning by -4.1% against the previous year. Overall, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.5% against 2020 indices. Bone glue and gelatin consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Bone Glues and Gelatin in Uganda

In value terms, bone glue and gelatin production contracted slightly to $X in 2022 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.1% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 50% against the previous year. Bone glue and gelatin production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Bone Glues and Gelatin

Exports from Uganda

In 2022, after three years of growth, there was decline in overseas shipments of bone glues and gelatin, when their volume decreased by -1.6% to X tons. The total export volume increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 24%. The exports peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, bone glue and gelatin exports fell to $X in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

China (X tons) was the main destination for bone glue and gelatin exports from Uganda, accounting for a 89% share of total exports. Moreover, bone glue and gelatin exports to China exceeded the volume sent to the second major destination, the United States (X tons), ninefold.

From 2019 to 2022, the average annual rate of growth in terms of volume to China amounted to +3.8%.

In value terms, China ($X) remains the key foreign market for bone glues and gelatin exports from Uganda, comprising 80% of total exports. The second position in the ranking was held by the United States ($X), with a 16% share of total exports.

From 2019 to 2022, the average annual growth rate of value to China totaled +7.1%.

Export Prices by Country

In 2022, the average bone glue and gelatin export price amounted to $X per ton, shrinking by -8% against the previous year. Over the period from 2019 to 2022, it increased at an average annual rate of +6.6%. The pace of growth was the most pronounced in 2021 an increase of 19%. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China stood at $X per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.2%).

Imports of Bone Glues and Gelatin

Imports into Uganda

In 2022, imports of bone glues and gelatin into Uganda was estimated at X tons, growing by 8.6% on 2021. Overall, imports recorded a temperate increase. The most prominent rate of growth was recorded in 2020 when imports increased by 281% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, bone glue and gelatin imports reduced to $X in 2022. In general, imports showed pronounced growth. The pace of growth was the most pronounced in 2020 with an increase of 449%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and the UK (X tons) were the main suppliers of bone glue and gelatin imports to Uganda, with a combined 100% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +58.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest bone glue and gelatin suppliers to Uganda were the UK ($X), China ($X) and India ($X), with a combined 100% share of total imports.

China, with a CAGR of +54.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average bone glue and gelatin import price stood at $X per ton in 2022, with a decrease of -17.9% against the previous year. Overall, the import price, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 179% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform