China: Articles Of Gut Market 2022

Articles Of Gut Market Size in China

In 2021, the Chinese articles of gut market decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, enjoyed a buoyant increase. Over the period under review, the market hit record highs at $X in 2020, and then fell sharply in the following year.

Articles Of Gut Production in China

In value terms, articles of gut production contracted to $X in 2021 estimated in export price. Overall, the total production indicated a pronounced increase 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, production increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020, and then shrank in the following year.

Articles Of Gut Exports

Exports from China

In 2021, overseas shipments of articles of gut, goldbeater’s skin, bladders or tendons increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, showed a deep contraction. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, articles of gut exports dropped remarkably to $X in 2021. In general, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for articles of gut exports from China, with a X% share of total exports. Moreover, articles of gut exports to Italy exceeded the volume sent to the second major destination, Malaysia (X tons), more than tenfold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Germany (+X% per year).

In value terms, Italy ($X) remains the key foreign market for articles of gut exports from China, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Malaysia (-X% per year).

Export Prices by Country

The average articles of gut export price stood at $X per ton in 2021, which is down by -X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Zambia ($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 Germany (+X%), while the prices for the other major destinations experienced a decline.

Articles Of Gut Imports

Imports into China

In 2021, the amount of articles of gut, goldbeater’s skin, bladders or tendons imported into China totaled X tons, approximately equating the year before. Overall, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, articles of gut imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of articles of gut to China, accounting for a X% share of total imports. Moreover, articles of gut imports from Spain exceeded the figures recorded by the second-largest supplier, Australia (X tons), tenfold.

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

In value terms, Spain ($X) constituted the largest supplier of articles of gut to China, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with an X% share of total imports.

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

Import Prices by Country

The average articles of gut import price stood at $X per ton in 2021, growing by X% against the previous year. In general, the import price posted a noticeable increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Australia ($X per ton), while the price for Spain amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%).

Source: IndexBox Market Intelligence Platform

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