Brazil: Articles Of Gut Market 2022

Articles Of Gut Market Size in Brazil

For the third consecutive year, the Brazilian articles of gut market recorded growth in sales value, which increased by X% to $X in 2021. Overall, consumption, however, saw a significant increase. Articles of gut consumption peaked in 2021 and is expected to retain growth in the immediate term.

Articles Of Gut Production in Brazil

In value terms, articles of gut production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Articles Of Gut Exports

Exports from Brazil

In 2021, shipments abroad of articles of gut, goldbeater’s skin, bladders or tendons decreased by -X% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, articles of gut exports shrank slightly to $X in 2021. Overall, exports showed a deep reduction. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons), Mexico (X tons) and India (X tons) were the main destinations of articles of gut exports from Brazil, with a combined X% share of total exports. These countries were followed by Vietnam and the Dominican Republic, which together accounted for a further X 2012 to 2021, the biggest increases were in the Dominican Republic (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for articles of gut exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and India (-X% per year).

Export Prices by Country

The average articles of gut export price stood at $X per ton in 2021, surging by X% against the previous year. In general, export price indicated resilient growth from 2012 to 2021: its price 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, articles of gut export price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Articles Of Gut Imports

Imports into Brazil

After two years of growth, overseas purchases of articles of gut, goldbeater’s skin, bladders or tendons decreased by -X% to X kg in 2021. Overall, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, articles of gut imports contracted notably to $X in 2021. In general, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X kg) was the main articles of gut supplier to Brazil, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of articles of gut to Brazil.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

In 2021, the average articles of gut import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Market Intelligence Platform

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