Asia: Artificial Guts Market 2024

Artificial Guts Market Size in Asia

The Asian artificial guts market was estimated at $X in 2022, leveling off at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Artificial Guts Production in Asia

In value terms, artificial guts production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Artificial Guts Exports

Exports in Asia

In 2022, overseas shipments of artificial guts (sausage skins) increased by X% to X tons, rising for the seventh year in a row after two years of decline. Overall, exports posted buoyant growth. The growth pace was the most rapid in 2018 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, artificial guts exports surged to $X in 2022. Over the period under review, exports enjoyed a strong increase. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Japan (X tons), Turkey (X tons), the Philippines (X tons) and Malaysia (X tons), together achieving a X% share of total exports. The following exporters - Thailand (X tons) and Iran (X tons) - each recorded a X% share of total exports.

China was also the fastest-growing in terms of the artificial guts (sausage skins) exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%), the Philippines (X%), Iran (X%), Thailand (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, Japan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.), Malaysia (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest artificial guts supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

In China, artificial guts exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and the Philippines (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Artificial Guts Imports

Imports in Asia

In 2022, the amount of artificial guts (sausage skins) imported in Asia amounted to X tons, picking up by X% against the year before. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, artificial guts imports expanded sharply to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the Philippines (X tons), China (X tons), Thailand (X tons) and Indonesia (X tons) represented the key importer of artificial guts (sausage skins) in Asia, achieving X% of total import. It was distantly followed by Malaysia (X tons), Turkey (X tons), South Korea (X tons) and Vietnam (X tons), together committing a X% share of total imports. The following importers - Japan (X tons), Kazakhstan (X tons), Myanmar (X tons), Kyrgyzstan (X tons) and Israel (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and the Philippines ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. China, South Korea, Japan, Malaysia, Vietnam, Turkey, Kazakhstan, Israel, Kyrgyzstan and Myanmar lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, approximately reflecting the previous year. In general, the import price showed a mild decline. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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