Asia-Pacific: Artificial Guts Market 2024

Artificial Guts Market Size in Asia-Pacific

The Asia-Pacific artificial guts market was estimated at $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Artificial Guts Production in Asia-Pacific

In value terms, artificial guts production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Artificial Guts Exports

Exports in Asia-Pacific

In 2022, artificial guts exports in Asia-Pacific skyrocketed to X tons, increasing by X% compared with the previous year. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, artificial guts exports soared to $X in 2022. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. Australia (X tons) held the second position in the ranking, followed by Japan (X tons), the Philippines (X tons) and Malaysia (X tons). All these countries together took approx. X% share of total exports. The following exporters - Thailand (X tons) and Singapore (X tons) - each accounted for 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, Singapore (X%), the Philippines (X%), Australia (X%), Thailand (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, Japan (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand, Malaysia, Australia and Japan saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, reducing by X% against the previous year. Overall, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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-Pacific

For the fifth consecutive year, Asia-Pacific recorded growth in purchases abroad of artificial guts (sausage skins), which increased by X% to X tons in 2022. Total imports indicated a prominent 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 most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, artificial guts imports totaled $X in 2022. Total imports indicated a buoyant expansion 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 most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of artificial guts imports in 2022 were the Philippines (X tons), China (X tons), Thailand (X tons) and Indonesia (X tons), together reaching X% of total import. Malaysia (X tons) held the next position in the ranking, followed by South Korea (X tons) and Vietnam (X tons). All these countries together took approx. X% share of total imports. Australia (X tons), Japan (X tons), Myanmar (X tons), Papua New Guinea (X tons) and Cambodia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. China, South Korea, Japan, Malaysia, Vietnam, Australia, Papua New Guinea, Cambodia and Myanmar lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, 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

The import price in Asia-Pacific stood at $X per ton in 2022, approximately equating the previous year. In general, the import price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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