Asia-Pacific: Animal Guts Market 2022

Animal Guts Market Size in Asia-Pacific

The Asia-Pacific animal guts market expanded rapidly to $X in 2021, increasing 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 observed in certain years. The pace of growth was the most pronounced in 2018 when the market value increased by X%. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Animal Guts Production in Asia-Pacific

In value terms, animal guts production expanded rapidly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Production By Country in Asia-Pacific

China (X tons) constituted the country with the largest volume of animal guts production, accounting for X% of total volume. Moreover, animal guts production in China exceeded the figures recorded by the second-largest producer, India (X tons), twofold. Japan (X tons) ranked third in terms of total production with a X% share.

In China, animal guts production expanded at an average annual rate of +X% over the period from 2012-2021. 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-Pacific

In 2021, after two years of decline, there was significant growth in overseas shipments of guts, bladders and stomachs of animals, when their volume increased by X% to X tons. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, animal guts exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, China (X tons) was the major exporter of guts, bladders and stomachs of animals, mixing up X% of total exports. It was distantly followed by New Zealand (X tons), Australia (X tons) and India (X tons), together committing a X% share of total exports. Thailand (X tons) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest animal guts supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports. It was followed by Australia, 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: New Zealand (+X% per year) and Australia (-X% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Animal Guts Imports

Imports in Asia-Pacific

In 2021, purchases abroad of guts, bladders and stomachs of animals increased by X% to X tons, rising for the sixth year in a row after two years of decline. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, animal guts imports soared to $X in 2021. Total imports indicated a buoyant expansion 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 most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the major importer of guts, bladders and stomachs of animals, committing X% of total imports. South Korea (X tons) held the second position in the ranking, followed by Japan (X tons). All these countries together took approx. X% share of total imports. Vietnam (X tons), Taiwan (Chinese) (X tons) and Thailand (X tons) 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%), Japan (+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-Pacific, 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 and Thailand lagged somewhat behind, together comprising a further X terms of the main importing countries, Thailand, 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

The import price in Asia-Pacific stood at $X per ton in 2021, growing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while Thailand ($X per ton) 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