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Gelatin capsules and carved articles: top exporters and importers (2024)

In 2024, world trade in gelatin capsules and carved articles totaled $1.2 billion (52 thousand tonnes). The top exporters were China (21%), Belgium (16%) and India (13%); the top importers were the United States (33%), Germany (6%) and Spain (5%). Compared with 2019, the value rose 33%.

Summary

World trade
$1.2billion
Tonnes
52thousand tonnes
Price per tonne
$22,729
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$246 million · 20.8%
  2. Belgium$184 million · 15.5%
    re-exports
  3. India$153 million · 13%
  4. Mexico$91 million · 7.7%
  5. United States$75 million · 6.4%
  6. Vietnam$66 million · 5.6%
  7. Romania$42 million · 3.6%
  8. Croatia$42 million · 3.6%
  9. France$42 million · 3.5%
  10. Canada$32 million · 2.7%
  11. South Korea$31 million · 2.6%
  12. Colombia$29 million · 2.5%
  13. Spain$28 million · 2.4%
  14. Germany$20 million · 1.7%
  15. Indonesia$14 million · 1.2%
  16. Netherlands$13 million · 1.1%
    re-exports
  17. Brazil$12 million · 0.97%
  18. Japan$11 million · 0.9%
  19. Poland$8 million · 0.65%
  20. Taiwan$5 million · 0.4%

Top importers

  1. United States$387 million · 32.7%
  2. Germany$69 million · 5.8%
  3. Spain$62 million · 5.3%
  4. Mexico$36 million · 3.1%
  5. United Kingdom$35 million · 3%
  6. Russia$35 million · 2.9%
  7. France$34 million · 2.9%
  8. Canada$27 million · 2.3%
  9. Brazil$26 million · 2.2%
  10. Netherlands$25 million · 2.1%
    re-exports
  11. Italy$24 million · 2.1%
  12. Poland$22 million · 1.9%
  13. Ireland$22 million · 1.8%
  14. Hungary$17 million · 1.5%
  15. Turkey$16 million · 1.4%
  16. Thailand$16 million · 1.3%
  17. Argentina$16 million · 1.3%
  18. Bangladesh$15 million · 1.3%
  19. Slovenia$15 million · 1.2%
  20. Australia$13 million · 1.1%

Trend

Who sells it

China has been the top exporter since 2024

Value in USD millions. The five largest exporters in 2024.

  • China 246
  • Belgium 184
  • India 153
  • Mexico 91.3
  • United States 75.3

Source: CEPII BACI

Show the numbers
Country19952024
China31.4246
Belgium60.4184
India4.2153
Mexico11.691.3
United States32.675.3

Price

Implied price

The price per tonne rose 106% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $22,729

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$11,013
1996$9,658
1997$7,541
1998$6,398
1999$4,614
2000$16,262
2001$14,957
2002$11,466
2003$16,127
2004$16,541
2005$15,836
2006$14,488
2007$17,314
2008$19,236
2009$17,078
2010$18,678
2011$9,053
2012$22,382
2013$22,135
2014$20,503
2015$21,613
2016$20,262
2017$19,116
2018$23,321
2019$20,160
2020$21,298
2021$23,483
2022$22,934
2023$23,120
2024$22,729

What it includes

  • 9602 · Gelatin capsules and carved articles

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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