Artificial Guts Market

The article analyzes the increasing demand for artificial guts (sausage skins) worldwide, with projections for market performance in terms of volume and value. It highlights key trends in consumption, production, imports, and exports, providing insights into the global market for artificial guts. The analysis covers the period from 2012 to 2022, showcasing growth rates, fluctuations, and key players in the market.

Market Forecast

Driven by increasing demand for artificial guts (sausage skins) worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +3.4% for the period from 2022 to 2030, which is projected to bring the market volume to 2M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.9% for the period from 2022 to 2030, which is projected to bring the market value to $29.6B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Artificial Guts (Sausage Skins)

In 2022, consumption of artificial guts (sausage skins) increased by 3.3% to 1.6M tons, rising for the second consecutive year after three years of decline. The total consumption volume increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, global consumption reached the maximum volume in 2022 and is likely to see gradual growth in the immediate term.

The global artificial guts market size reduced slightly to $18.8B in 2022, waning by -4.1% against 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). The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs at $19.6B in 2021, and then shrank in the following year.

Consumption By Country

Russia (562K tons) remains the largest artificial guts consuming country worldwide, comprising approx. 36% of total volume. Moreover, artificial guts consumption in Russia exceeded the figures recorded by the second-largest consumer, China (258K tons), twofold. The third position in this ranking was held by India (104K tons), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Russia totaled +12.5%. The remaining consuming countries recorded the following average annual rates of consumption growth: China (+4.6% per year) and India (+5.1% per year).

In value terms, the largest artificial guts markets worldwide were Russia ($6B), China ($3.4B) and Japan ($1.4B), together comprising 58% of the global market. The United States, the UK, Brazil, India, Mexico, Pakistan, Italy and Turkey lagged somewhat behind, together accounting for a further 21%.

The UK, with a CAGR of +12.5%, recorded the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of artificial guts per capita consumption was registered in Russia (3,906 kg per 1000 persons), followed by the UK (434 kg per 1000 persons), Italy (417 kg per 1000 persons) and Japan (334 kg per 1000 persons), while the world average per capita consumption of artificial guts was estimated at 197 kg per 1000 persons.

In Russia, artificial guts per capita consumption increased at an average annual rate of +12.4% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the UK (+8.6% per year) and Italy (+6.8% per year).

Production

World Production of Artificial Guts (Sausage Skins)

In 2022, production of artificial guts (sausage skins) increased by 3.6% to 1.5M tons, rising for the second year in a row after three years of decline. The total output volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 17%. Global production peaked in 2022 and is expected to retain growth in years to come.

In value terms, artificial guts production shrank to $18B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by 20% against the previous year. Over the period under review, global production reached the peak level at $19B in 2021, and then declined in the following year.

Production By Country

Russia (558K tons) remains the largest artificial guts producing country worldwide, comprising approx. 36% of total volume. Moreover, artificial guts production in Russia exceeded the figures recorded by the second-largest producer, China (264K tons), twofold. The third position in this ranking was taken by India (104K tons), with a 6.8% share.

In Russia, artificial guts production increased at an average annual rate of +12.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (+4.9% per year) and India (+5.0% per year).

Imports

World Imports of Artificial Guts (Sausage Skins)

In 2022, global artificial guts imports rose to 159K tons, increasing by 4.2% compared with 2021 figures. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 7.9%. Over the period under review, global imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, artificial guts imports stood at $2B in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 10% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in years to come.

Imports By Country

In 2022, the Czech Republic (22K tons), followed by the United States (12K tons), Mexico (11K tons), Romania (9.7K tons) and Brazil (8.2K tons) were the main importers of artificial guts (sausage skins), together constituting 40% of total imports. The following importers - Germany (5.6K tons), Spain (5.5K tons), Russia (5.4K tons), China (4.7K tons), the Philippines (4.6K tons), Thailand (4.2K tons), France (3.8K tons) and Poland (3.7K tons) - together made up 24% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +23.4%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest artificial guts importing markets worldwide were the Czech Republic ($256M), the United States ($203M) and Brazil ($108M), with a combined 28% share of global imports. Mexico, Germany, Thailand, Russia, the Philippines, China, Poland, France, Spain and Romania lagged somewhat behind, together accounting for a further 28%.

In terms of the main importing countries, the Philippines, with a CAGR of +26.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average artificial guts import price stood at $12,728 per ton in 2022, picking up by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the peak figure at $13,159 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($17,816 per ton), while Romania ($1,869 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Artificial Guts (Sausage Skins)

For the third year in a row, the global market recorded growth in shipments abroad of artificial guts (sausage skins), which increased by 7.6% to 144K tons in 2022. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, artificial guts exports expanded markedly to $2B in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports By Country

The biggest shipments were from the Czech Republic (25K tons), Spain (21K tons), Germany (18K tons), the United States (15K tons), China (11K tons), Mexico (10K tons), Serbia (6.9K tons), France (5.6K tons), Belgium (5.2K tons), Brazil (4.6K tons) and Poland (4.2K tons), together reaching 87% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by France (with a CAGR of +49.5%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest artificial guts supplying countries worldwide were the Czech Republic ($463M), Germany ($255M) and Spain ($236M), together accounting for 47% of global exports. The United States, China, Mexico, Serbia, Brazil, France, Belgium and Poland lagged somewhat behind, together comprising a further 37%.

France, with a CAGR of +49.4%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average artificial guts export price stood at $13,934 per ton in 2022, with an increase of 2.8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 8.6%. As a result, the export price reached the peak level of $15,067 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 the Czech Republic ($18,672 per ton), while Mexico ($10,058 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform