Portugal: Articles Of Gut Market 2022

Articles Of Gut Market Size in Portugal

In 2021, the Portuguese articles of gut market increased by X% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, faced a abrupt decline. Articles of gut consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Articles Of Gut Production in Portugal

In value terms, articles of gut production totaled $X in 2021 estimated in export price. In general, production recorded a precipitous slump. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Articles Of Gut Exports

Exports from Portugal

In 2021, after three years of decline, there was significant growth in shipments abroad of articles of gut, goldbeater’s skin, bladders or tendons, when their volume increased by X% to X kg. Overall, exports, however, saw a sharp contraction. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, articles of gut exports soared to $X in 2021. Over the period under review, exports, however, saw a dramatic downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Angola (X kg) was the main destination for articles of gut exports from Portugal, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Angola amounted to -X%.

From 2012 to 2021, the average annual rate of growth in terms of value to Angola totaled -X%.

Export Prices by Country

The average articles of gut export price stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Angola.

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

Articles Of Gut Imports

Imports into Portugal

In 2021, overseas purchases of articles of gut, goldbeater’s skin, bladders or tendons increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, recorded a significant decrease. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, articles of gut imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a dramatic contraction. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of articles of gut to Portugal, with a X% share of total imports. Moreover, articles of gut imports from China exceeded the figures recorded by the second-largest supplier, Spain (X kg), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Germany (+X% per year).

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

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Germany (-X% per year).

Import Prices by Country

The average articles of gut import price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price posted a mild increase. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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