Kuwait - Artificial Guts (Sausage Skins) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Kuwait - Artificial Guts (Sausage Skins) - Market Analysis, Forecast, Size, Trends And Insights

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Artificial Guts Price in Kuwait - 2022

Contents:

  1. Artificial Guts Price in Kuwait (CIF) - 2022
  2. Artificial Guts Price in Kuwait (FOB) - 2022
  3. Artificial Guts Imports in Kuwait
  4. Artificial Guts Exports in Kuwait

Artificial Guts Price in Kuwait (CIF) - 2022

In 2022, the average artificial guts import price amounted to $9,061 per ton, waning by -3.1% against the previous year. In general, the import price showed a mild downturn. The growth pace was the most rapid in 2020 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $12,758 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23,730 per ton), while the price for Italy ($3,300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Guts Price in Kuwait (FOB) - 2022

The average artificial guts export price stood at $40,867 per ton in 2022, surging by 11% against the previous year. Over the period under review, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 109%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($82,500 per ton), while the average price for exports to Oman stood at $4,438 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+11.8%).

Artificial Guts Imports in Kuwait

In 2022, the amount of artificial guts (sausage skins) imported into Kuwait skyrocketed to 63 tons, increasing by 32% on the previous year's figure. Over the period under review, imports, however, continue to indicate a deep slump.

In value terms, artificial guts imports surged to $573K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.9% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 42%. As a result, imports attained the peak of $699K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Artificial Guts in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain12821511590.9-10.8%
Saudi Arabia9.134.860.182.4108.4%
Germany52.010114.961.05.5%
Turkey20.043.735.157.442.1%
United Kingdom75.427.24.044.4-16.2%
Italy57.059.726.441.2-10.3%
France9.622.417.833.451.5%
Oman12.614.518.625.526.5%
Czech Republic28.722.716.323.5-6.4%
United States17.137.518.819.13.8%
Poland6.85.70.815.932.7%
Taiwan (Chinese)3.37.310.214.061.9%
Bahrain27.3N/AN/AN/A0%
Others46.210711064.711.9%
Total4946994485735.1%

Top Suppliers of Artificial Guts to Kuwait in 2022:

  1. Saudi Arabia (16.3 tons)
  2. Turkey (12.9 tons)
  3. Italy (12.5 tons)
  4. Spain (4.7 tons)
  5. Germany (2.6 tons)
  6. United Kingdom (2.4 tons)
  7. Oman (2.3 tons)
  8. France (1.6 tons)
  9. Czech Republic (1.5 tons)
  10. Poland (1.5 tons)
  11. United States (1.3 tons)
  12. Taiwan (Chinese) (1.3 tons)

Artificial Guts Exports in Kuwait

In 2022, overseas shipments of artificial guts (sausage skins) were finally on the rise to reach 30 kg after two years of decline. In general, exports, however, recorded a precipitous shrinkage.

In value terms, artificial guts exports surged to $1.2K in 2022. Over the period under review, exports, however, recorded a sharp decline.

Export of Artificial Guts in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,8911,9223461,155-15.2%
Oman19116023.071.0-28.1%
Saudi Arabia1,712N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3,7942,0823691,226-31.4%

Top Export Markets for Artificial Guts from Kuwait in 2022:

  1. Oman (16.0 kg)
  2. United Arab Emirates (14.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the artificial guts market in Kuwait. 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 22212130 - Artificial guts (sausage skins) of hardened protein or cellulosic materials

Country coverage:

  • Kuwait

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Kuwait
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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