Articles of Gut Market
Articles of gut market: get newly released statistics secured by an Ai-driven BI tool. Facts and figures cover companies, market size, market prices, imports, exports, consumption, production, and trade. Here is a breakdown by country, including the Middle East, EU, Russia, Africa, the U.S., Latin America, China, and the U.K. Market dynamics and forecast to 2030 are also provided in the snapshots.
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Articles of Gut - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
In value terms, the United States led the market, alone.
In the United States, the articles of gut market expanded at an average annual rate of +26.0% over the period from 2018-2020.
Articles of Gut Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 382 | 1038 | 5247 | 270.6% |
| Germany | 10615 | 11494 | 11050 | 2.0% |
| Tunisia | 11271 | 11256 | 11254 | -0.1% |
| China | 21868 | 24895 | 28340 | 13.8% |
| Spain | 55422 | 32611 | 30055 | -26.4% |
| Italy | 25384 | 27642 | 30641 | 9.9% |
| Slovenia | 35221 | 41607 | 39798 | 6.3% |
| Average | 12020 | 12749 | 23828 | 40.8% |
Prices varied noticeably by the country of origin; the country with the highest price was Slovenia ($39,798 per ton), while the United States ($5,247 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States (+270.6% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 0.4 | 0.4 | 0.3 | -18.0% |
| Average | 3 | 2.3 | 4.7 | 25.3% |
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2018 to 2020, the rate of growth in terms of prices for the United States amounted to -18.0% per year.
Articles of Gut - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 5.1 | 6.2 | 5.4 | 3.7% |
In value terms, the United States ($5.4M) constitutes the largest market for imported articles of gut, goldbeater’s skin, bladders or tendons worldwide.
In the United States, articles of gut imports increased at an average annual rate of +3.7% over the period from 2018-2020.
Articles of Gut - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 5.9 | 6.1 | 6.4 | 4.4% |
| Slovenia | 1.2 | 2.1 | 4.2 | 85.8% |
| United States | 0.8 | 2.1 | 4.1 | 131.6% |
| Spain | 0.1 | 0.2 | 3.1 | 385.9% |
| Italy | 1.9 | 2.2 | 2.5 | 13.7% |
In value terms, the largest articles of gut supplying countries worldwide were China ($6.4M), Slovenia ($4.2M) and the United States ($4.1M), together accounting for 35% of global exports. These countries were followed by Spain, Italy, Germany and Tunisia, which together accounted for a further 21%.
Spain (+385.9% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Articles of Gut - Market Forecast
Driven by increasing demand for articles of gut worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Articles of Gut - Product Coverage
- HS 4206 - Articles of gut (other than silk-worm gut), of goldbeater's skin, of bladders or of tendons
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