Report Update Nov 1, 2024

Venezuela - Bone Glues and Gelatin - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Bone Glues and Gelatin 2024

Market Size for Bone Glues and Gelatin in Venezuela

In 2022, after two years of growth, there was significant decline in the Venezuelan bone glue and gelatin market, when its value decreased by -30.5% to $X. Overall, consumption faced a deep slump. Bone glue and gelatin consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Exports of Bone Glues and Gelatin

Exports from Venezuela

In 2022, overseas shipments of bone glues and gelatin decreased by -10.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 200% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bone glue and gelatin exports fell rapidly to $X in 2022. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 152%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador (X tons) was the main destination for bone glue and gelatin exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador amounted to -7.5%.

In value terms, Ecuador ($X) emerged as the key foreign market for bone glues and gelatin exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador amounted to +2.6%.

Export Prices by Country

In 2022, the average bone glue and gelatin export price amounted to $X per ton, which is down by -20.5% against the previous year. Over the period under review, the export price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 186% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +10.8% per year.

Imports of Bone Glues and Gelatin

Imports into Venezuela

After two years of growth, purchases abroad of bone glues and gelatin decreased by -30.6% to X tons in 2022. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 162% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, bone glue and gelatin imports dropped markedly to $X in 2022. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 169%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Ecuador (X tons), Brazil (X tons) and China (X tons) were the main suppliers of bone glue and gelatin imports to Venezuela, together comprising 94% of total imports. Canada lagged somewhat behind, accounting for a further 4.5%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of -4.1%), while imports for the other leaders experienced a decline.

In value terms, the largest bone glue and gelatin suppliers to Venezuela were Ecuador ($X), Brazil ($X) and China ($X), together comprising 94% of total imports. Canada lagged somewhat behind, accounting for a further 4.9%.

Canada, with a CAGR of -11.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average bone glue and gelatin import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($X per ton) and Brazil ($X per ton), while the price for China ($X per ton) and Ecuador ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bone glues and gelatin in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 43% of global consumption. These countries were followed by Japan, Brazil, Pakistan, Bangladesh, Germany, Mexico, Vietnam, South Korea, Turkey and Egypt, which together accounted for a further 31%.

What are the largest producers of bone glues and gelatin in the world?

The country with the largest volume of bone glue and gelatin production was China, comprising approx. 24% of total volume. Moreover, bone glue and gelatin production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.2% share.

What are the leading suppliers of bone glues and gelatin to Venezuela?

In value terms, Ecuador constituted the largest supplier of bone glue and gelatin to Venezuela, comprising 88% of total imports. The second position in the ranking was occupied by Canada, with an 8.3% share of total imports.

What are the leading importers of bone glues and gelatin from Venezuela?

In value terms, Ecuador remains the key foreign market for bone glue and gelatin exports from Venezuela.

What is the average export price for bone glues and gelatin in Venezuela?

The average bone glue and gelatin export price stood at $15,065 per ton in 2021, with an increase of 17% against the previous year.

What is the average import price for bone glues and gelatin in Venezuela?

In 2021, the average bone glue and gelatin import price amounted to $6,601 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the market for bone glue and gelatin in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20521040 - Bone glues, other glues of animal origin (excluding casein glues)
Prodcom 20596080 - Gelatin and its derivatives, isinglass (excluding casein glues and bone glues)

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023