Eastern Europe: Articles Of Gut Market 2024

Articles Of Gut Market Size in Eastern Europe

After two years of decline, the East European articles of gut market increased by X% to $X in 2022. Overall, consumption, however, recorded a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Articles Of Gut Production in Eastern Europe

In value terms, articles of gut production rose notably to $X in 2022 estimated in export price. Overall, production, however, recorded a mild decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Articles Of Gut Exports

Exports in Eastern Europe

In 2022, shipments abroad of articles of gut, goldbeaters skin, bladders or tendons increased by X% to X kg, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a precipitous slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, articles of gut exports expanded sharply to $X in 2022. In general, exports, however, faced a significant curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X kg) and Bulgaria (X kg) represented roughly X% of total exports in 2022. It was distantly followed by Romania (X kg), Hungary (X kg) and Lithuania (X kg), together constituting a X% share of total exports. Slovakia (X kg) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lithuania (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Hungary ($X) emerged as the largest articles of gut supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

In Hungary, articles of gut exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Romania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Hungary ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced a decline in the export price figures.

Articles Of Gut Imports

Imports in Eastern Europe

In 2022, overseas purchases of articles of gut, goldbeaters skin, bladders or tendons were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of gut imports skyrocketed to $X in 2022. Overall, imports, however, saw a noticeable decline. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Romania represented the largest importing country with an import of about X tons, which recorded X% of total imports. Hungary (X kg) ranks second in terms of the total imports with a X% share, followed by the Czech Republic (X%), Bulgaria (X%) and Russia (X%). The following importers - Latvia (X kg) and Lithuania (X kg) - each finished at a X% share of total imports.

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

In value terms, the largest articles of gut importing markets in Eastern Europe were Russia ($X), Romania ($X) and Bulgaria ($X), together comprising X% of total imports. The Czech Republic, Hungary, Lithuania and Latvia lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform