Northern America: Animal Guts Market 2023

Animal Guts Market Size in Northern America

The North American animal guts market rose remarkably to $X in 2021, growing by 14% against the previous year. Over the period under review, consumption showed prominent growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Animal Guts Production in Northern America

In value terms, animal guts production amounted to $X in 2021 estimated in export price. In general, production enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of 37%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Animal Guts Exports

Exports in Northern America

In 2021, animal guts exports in Northern America stood at X tons, almost unchanged from the previous year. The total export volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 37% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, animal guts exports rose to $X in 2021. Total exports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -21.1% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 34%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States represented the largest exporting country with an export of about X tons, which resulted at 88% of total exports. It was distantly followed by Canada (X tons), making up a 12% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to animal guts exports from the United States stood at +1.1%. At the same time, Canada (+4.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +4.8% from 2012-2021. While the share of Canada (+3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-3 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest animal guts supplier in Northern America, comprising 88% of total exports. The second position in the ranking was held by Canada ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +3.4%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, growing by 2.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2015 when the export price increased by 28%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.1%).

Animal Guts Imports

Imports in Northern America

In 2021, purchases abroad of guts, bladders and stomachs of animals increased by 3.5% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a noticeable setback. The pace of growth was the most pronounced in 2013 with an increase of 6.8%. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, animal guts imports expanded markedly to $X in 2021. Overall, imports, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2014 when imports increased by 26%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States represented the key importing country with an import of around X tons, which accounted for 86% of total imports. It was distantly followed by Canada (X tons), making up a 14% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to animal guts imports into the United States stood at -4.1%. Canada experienced a relatively flat trend pattern. Canada (+4.6 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -4.6% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported guts, bladders and stomachs of animals in Northern America, comprising 77% of total imports. The second position in the ranking was taken by Canada ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled -5.7%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, rising by 2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 18%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.0%).

Source: IndexBox Market Intelligence Platform

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