Philippines - Artificial Guts (Sausage Skins) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Guts Price in the Philippines - 2023
Contents:
- Artificial Guts Price in the Philippines (CIF) - 2022
- Artificial Guts Price in the Philippines (FOB) - 2023
- Artificial Guts Imports in the Philippines
- Artificial Guts Exports in the Philippines
Artificial Guts Price in the Philippines (CIF) - 2022
In 2022, the average artificial guts import price amounted to $13,755 per ton, with an increase of 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2014 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $14,804 per ton. From 2015 to 2022, the average 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 Spain ($17,083 per ton), while the price for China ($3,240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Artificial Guts Price in the Philippines (FOB) - 2023
The average artificial guts export price stood at $19,369 per ton in June 2023, waning by -10.2% against the previous month. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 172% against the previous month. The export price peaked at $36,988 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($28,003 per ton), while the average price for exports to South Africa ($7,027 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Guts Imports in the Philippines
Artificial guts imports into the Philippines contracted slightly to 4.8K tons in 2022, flattening at 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14%.
In value terms, artificial guts imports expanded slightly to $66M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
Import of Artificial Guts in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 20.3 | 22.6 | 22.5 | 25.3 | 7.6% |
United States | 19.4 | 16.0 | 17.3 | 18.4 | -1.7% |
France | 17.3 | 11.6 | 19.0 | 11.0 | -14.0% |
Belgium | N/A | N/A | N/A | 2.6 | 0% |
China | 0.4 | 0.4 | 0.9 | 1.3 | 48.1% |
Netherlands | N/A | N/A | N/A | 1.0 | 0% |
Others | 3.5 | 4.3 | 4.4 | 6.2 | 21.0% |
Total | 61.0 | 54.9 | 64.2 | 65.9 | 2.6% |
Top Suppliers of Artificial Guts to the Philippines in 2022:
- Spain (1482.3 tons)
- United States (1460.3 tons)
- France (856.8 tons)
- China (403.3 tons)
- Belgium (213.7 tons)
- Netherlands (81.8 tons)
Artificial Guts Exports in the Philippines
In 2022, overseas shipments of artificial guts (sausage skins) decreased by -28.7% to 985 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 355% against the previous year. As a result, the exports reached the peak of 1.4K tons, and then declined sharply in the following year.
In value terms, artificial guts exports declined sharply to $18M in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 556% against the previous year. As a result, the exports attained the peak of $22M, and then reduced rapidly in the following year.
Export of Artificial Guts in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | N/A | 0.5 | 4.0 | 5.8 | 240.6% |
Thailand | 0.1 | 0.4 | 4.7 | 3.0 | 210.7% |
Japan | N/A | 0.5 | 4.8 | 2.8 | 136.6% |
Malaysia | N/A | 0.7 | 2.6 | 2.0 | 69.0% |
China | 0.2 | 0.4 | 1.3 | 1.1 | 76.5% |
South Korea | 0.1 | N/A | 0.8 | 0.9 | 108.0% |
Taiwan (Chinese) | N/A | 0.1 | 0.6 | 0.7 | 164.6% |
Mexico | N/A | N/A | N/A | 0.6 | 0% |
South Africa | N/A | N/A | N/A | 0.3 | 0% |
India | N/A | N/A | 0.2 | 0.2 | 0.0% |
United States | 0.1 | 0.5 | 1.2 | 0.1 | 0.0% |
United Arab Emirates | 0.9 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.1 | 1.4 | 0.8 | 100.0% |
Total | 1.6 | 3.3 | 21.6 | 18.2 | 124.9% |
Top Export Markets for Artificial Guts from the Philippines in 2022:
- Thailand (201.0 tons)
- Indonesia (190.3 tons)
- Japan (136.9 tons)
- Malaysia (131.1 tons)
- China (67.8 tons)
- South Korea (54.8 tons)
- Taiwan (Chinese) (43.2 tons)
- South Africa (35.0 tons)
- Mexico (31.9 tons)
- India (15.1 tons)
- United States (14.7 tons)
This report provides an in-depth analysis of the artificial guts market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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