Asia: Animal Guts Market Overview 2021

Animal Guts Market Size in Asia

In 2019, the Asian animal guts market increased by X% to $X, rising for the third year in a row after four years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The level of consumption peaked in 2019 and is likely to see gradual growth in the near future.

Animal Guts Production in Asia

In value terms, animal guts production expanded significantly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2019, production stood at a somewhat lower figure.

Production By Country in Asia

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

From 2007 to 2019, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Animal Guts Exports

Exports in Asia

In 2019, shipments abroad of guts, bladders and stomachs of animals decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Total exports indicated a moderate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, animal guts exports totaled $X in 2019. Total exports indicated a prominent expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in the near future.

Exports by Country

China dominates animal guts exports structure, recording X tonnes, which was approx. X% of total exports in 2019. It was distantly followed by Turkey (X tonnes), achieving a X% share of total exports. Iran (X tonnes), Bangladesh (X tonnes), India (X tonnes) and Lebanon (X tonnes) took a minor share of total exports.

From 2007 to 2019, average annual rates of growth with regard to animal guts exports from China stood at +X%. At the same time, Bangladesh (+X%), India (+X%), Turkey (+X%) and Lebanon (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2019. Iran experienced a relatively flat trend pattern. Turkey (+X p.p.) and Bangladesh (+X p.p.) significantly strengthened its position in terms of the total exports, while China and Iran saw its share reduced by -X% and -X% from 2007 to 2019, 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 Iran, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Iran (-X% per year).

Export Prices by Country

In 2019, the animal guts export price in Asia amounted to $X per tonne, growing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The level of export peaked in 2019 and is expected to retain growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other leaders experienced more modest paces of growth.

Animal Guts Imports

Imports in Asia

For the fifth year in a row, Asia recorded growth in purchases abroad of guts, bladders and stomachs of animals, which increased by X% to X tonnes in 2019. Overall, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, animal guts imports rose sharply to $X in 2019. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in the near future.

Imports by Country

Hong Kong SAR was the main importing country with an import of around X tonnes, which amounted to X% of total imports. It was distantly followed by China (X tonnes), Viet Nam (X tonnes), South Korea (X tonnes) and Japan (X tonnes), together creating a X% share of total imports. Taiwan (Chinese) (X tonnes) held a minor share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hong Kong SAR, while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Hong Kong SAR recorded 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

In 2019, the animal guts import price in Asia amounted to $X per tonne, which is down by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for guts, bladders and stomachs of animals in Asia?

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The country with the largest volume of animal guts consumption was China (884K tonnes), comprising approx. 32% of total volume. Moreover, animal guts consumption in China exceeded the figures recorded by the second-largest consumer, India (328K tonnes), threefold. Hong Kong SAR (212K tonnes) ranked third in terms of total consumption with a 7.6% share.

What are the largest producers of guts, bladders and stomachs of animals in Asia?

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The country with the largest volume of animal guts production was China (859K tonnes), accounting for 35% of total volume. Moreover, animal guts production in China exceeded the figures recorded by the second-largest producer, India (331K tonnes), threefold. The third position in this ranking was occupied by Japan (157K tonnes), with a 6.5% share.

What are the leading suppliers of guts, bladders and stomachs of animals in Asia?

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In value terms, China ($1.4B) remains the largest animal guts supplier in Asia, comprising 89% of total exports. The second position in the ranking was occupied by Turkey ($58M), with a 3.8% share of total exports. It was followed by Iran, with a 2.6% share.

What are the leading importers of guts, bladders and stomachs of animals in Asia?

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In value terms, the largest animal guts importing markets in Asia were Hong Kong SAR ($697M), China ($368M) and Japan ($289M), with a combined 74% share of total imports.

What is the average export price for guts, bladders and stomachs of animals in Asia?

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The animal guts export price in Asia stood at $11,585 per tonne in 2019, rising by 14% against the previous year.

What is the average import price for guts, bladders and stomachs of animals in Asia?

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In 2019, the animal guts import price in Asia amounted to $3,632 per tonne, which is down by -21.7% against the previous year.