Asia: Animal Guts Market 2022

Animal Guts Market Size in Asia

The Asian animal guts market expanded markedly to $X in 2021, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Animal Guts Production in Asia

In value terms, animal guts production expanded sharply to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Production By Country in Asia

China (X tonnes) remains the largest animal guts producing country in Asia, accounting for X% of total volume. Moreover, animal guts production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in China amounted to +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Japan (-X% per year).

Animal Guts Exports

Exports in Asia

In 2021, exports of guts, bladders and stomachs of animals in Asia skyrocketed to X tonnes, increasing by X% compared with the previous year's figure. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, animal guts exports surged to $X in 2021. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, recording X tonnes, which was approx. X% of total exports in 2021. India (X tonnes) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (X%), Iran (X%) and Thailand (X%). The following exporters - Lebanon (X tonnes) and Bangladesh (X tonnes) - each finished at a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to animal guts exports from China stood at +X%. At the same time, India (+X%), Thailand (+X%), Turkey (+X%), Bangladesh (+X%) and Lebanon (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. By contrast, Iran (-X%) illustrated a downward trend over the same period. India (+X p.p.), Turkey (+X p.p.) and Thailand (+X p.p.) significantly strengthened its position in terms of the total exports, while Iran and China saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, animal guts exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+X% per year) and India (+X% per year).

Export Prices by Country

The export price in Asia stood at $X per tonne in 2021, which is down by -X% against the previous year. In general, the export price recorded a noticeable curtailment. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+X%), while the other leaders experienced mixed trends in the export price figures.

Animal Guts Imports

Imports in Asia

In 2021, overseas purchases of guts, bladders and stomachs of animals increased by X% to X tonnes, rising for the sixth consecutive year after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, animal guts imports skyrocketed to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

China represented the major importing country with an import of around X tonnes, which finished at X% of total imports. It was distantly followed by South Korea (X tonnes) and Japan (X tonnes), together achieving a X% share of total imports. Vietnam (X tonnes), Taiwan (Chinese) (X tonnes), Syrian Arab Republic (X tonnes), Thailand (X tonnes) and Turkey (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to animal guts imports into China stood at +X%. At the same time, Thailand (+X%), Turkey (+X%), Japan (+X%), Syrian Arab Republic (+X%), South Korea (+X%), Vietnam (+X%) and Taiwan (Chinese) (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of Japan and Thailand increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2021, together comprising X% of total imports. Taiwan (Chinese), Vietnam, Turkey, Thailand and Syrian Arab Republic lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per tonne in 2021, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per tonne), while Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform