United Kingdom: Articles Of Gut Market 2022

Articles Of Gut Market Size in the UK

The UK articles of gut market dropped sharply to $X in 2021, shrinking by -X% against the previous year. Overall, consumption, however, posted strong growth. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Articles Of Gut Production in the UK

In value terms, articles of gut production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Articles Of Gut Exports

Exports from the UK

In 2021, the amount of articles of gut, goldbeater’s skin, bladders or tendons exported from the UK skyrocketed to X tons, rising by X% compared with 2020. In general, exports continue to indicate a measured increase. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, articles of gut exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a mild expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for articles of gut exports from the UK, with a X% share of total exports. Moreover, articles of gut exports to France exceeded the volume sent to the second major destination, the Netherlands (X kg), sixfold. Belgium (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

In value terms, France ($X) emerged as the key foreign market for articles of gut exports from the UK, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total exports. It was followed by Sweden, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Sweden (+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. In general, the export price showed a mild downturn. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped remarkably in the following year.

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

Articles Of Gut Imports

Imports into the UK

In 2021, purchases abroad 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 enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, articles of gut imports fell significantly to $X in 2021. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

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

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

In value terms, the largest articles of gut suppliers to the UK were France ($X) and China ($X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average articles of gut import price stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2020, and then reduced sharply in the following year.

Prices varied noticeably countryorigin: the country with the highest price was France ($X per ton), while the price for China stood at $X per ton.

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

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :