Argentina: Artificial Guts Market 2024

Artificial Guts Market Size in Argentina

In 2022, the Argentinian artificial guts market increased by 18% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Artificial Guts Exports

Exports from Argentina

In 2022, overseas shipments of artificial guts (sausage skins) were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, faced a dramatic slump. The growth pace was the most rapid in 2018 with an increase of 388% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, artificial guts exports soared to $X in 2022. Overall, exports, however, showed a precipitous curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 502%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X kg), Nigeria (X kg) and Paraguay (X kg) were the main destinations of artificial guts exports from Argentina, with a combined 94% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of +10.8%), while the other leaders experienced a decline.

In value terms, Mexico ($X) remains the key foreign market for artificial guts (sausage skins) exports from Argentina, comprising 49% of total exports. The second position in the ranking was held by Paraguay ($X), with a 20% share of total exports. It was followed by Nigeria, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico stood at -22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+4.1% per year) and Nigeria (-23.5% per year).

Export Prices by Country

In 2022, the average artificial guts export price amounted to $X per ton, declining by -31.1% against the previous year. Over the period under review, the export price, however, showed tangible growth. The most prominent rate of growth was recorded in 2020 an increase of 93%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+37.2%), while the prices for the other major destinations experienced mixed trend patterns.

Artificial Guts Imports

Imports into Argentina

In 2022, overseas purchases of artificial guts (sausage skins) increased by 4.9% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2017 with an increase of 18%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, artificial guts imports soared to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest artificial guts supplier to Argentina, accounting for a 65% share of total imports. Moreover, artificial guts imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold. Germany (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.0% per year) and Germany (-1.4% per year).

In value terms, Brazil ($X) constituted the largest supplier of artificial guts (sausage skins) to Argentina, comprising 65% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 7% share of total imports. It was followed by the United States, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+18.7% per year) and the United States (-0.4% per year).

Import Prices by Country

In 2022, the average artificial guts import price amounted to $X per ton, increasing by 14% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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