Price for Animal Products; Ossein and Bones Treated with Acid in Panama - 2022

Price for Animal Products; Ossein and Bones Treated with Acid in Panama (CIF) - 2022

The average import price for animal products; ossein and bones treated with acids stood at $15,231 per ton in 2022, falling by -3.1% against the previous year. Overall, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2019 an increase of 100% against the previous year. As a result, import price reached the peak level of $22,000 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($16,417 per ton), while the price for Ecuador stood at $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.7%).

Imports of Animal Products; Ossein and Bones Treated with Acid in Panama

Imports of animal products; ossein and bones treated with acids into Panama skyrocketed to 13 kg in 2022, jumping by 86% against the previous year. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 600% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of animal products; ossein and bones treated with acids skyrocketed to $198 in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 424%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.