Indonesia: Articles Of Gut Market 2022

Articles Of Gut Market Size in Indonesia

The Indonesian articles of gut market declined modestly to $X in 2021, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded noticeable growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Articles Of Gut Exports

Exports from Indonesia

In 2021, approx. X kg of articles of gut, goldbeater’s skin, bladders or tendons were exported from Indonesia; with a decrease of -X% compared with the previous year's figure. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X kg in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, articles of gut exports declined to $X in 2021. In general, exports recorded a slight decrease. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X kg) was the main destination for articles of gut exports from Indonesia, accounting for a X% share of total exports. Moreover, articles of gut exports to France exceeded the volume sent to the second major destination, Malaysia (X kg), fourfold. Canada (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Canada (-X% per year).

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

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

Export Prices by Country

In 2021, the average articles of gut export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price posted a prominent increase. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Malaysia ($X per ton), while the average price for exports to France ($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 Canada (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Gut Imports

Imports into Indonesia

In 2021, the amount of articles of gut, goldbeater’s skin, bladders or tendons imported into Indonesia fell modestly to X tons, remaining relatively unchanged against the previous year. In general, imports, however, showed slight growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, articles of gut imports dropped modestly to $X in 2021. Over the period under review, total imports indicated notable growth 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 decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) was the main articles of gut supplier to Indonesia, accounting for a X% share of total imports. Moreover, articles of gut imports from Italy exceeded the figures recorded by the second-largest supplier, Malaysia (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +X%.

In value terms, Italy ($X) constituted the largest supplier of articles of gut to Indonesia, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +X%.

Import Prices by Country

In 2021, the average articles of gut import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, articles of gut import price decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Malaysia totaled $X per ton.

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

Source: IndexBox Market Intelligence Platform

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