ASEAN: Articles Of Gut Market 2025

Articles Of Gut Market Size in ASEAN

The ASEAN articles of gut market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption showed a prominent expansion. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Articles Of Gut Production in ASEAN

In value terms, articles of gut production surged to $X in 2022 estimated in export price. Overall, production showed a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 1,123% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Articles Of Gut Exports

Exports in ASEAN

In 2022, after two years of growth, there was significant decline in shipments abroad of articles of gut, goldbeater’s skin, bladders or tendons, when their volume decreased by -84.9% to X tons. Overall, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 355%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, articles of gut exports dropped sharply to $X in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 156% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand represented the major exporter of articles of gut, goldbeater’s skin, bladders or tendons in ASEAN, with the volume of exports reaching X kg, which was near 61% of total exports in 2022. Vietnam (X kg) held the second position in the ranking, followed by Malaysia (X kg), Singapore (X kg) and Myanmar (X kg). All these countries together held approx. 37% share of total exports. Indonesia (X kg) followed a long way behind the leaders.

Exports from Thailand decreased at an average annual rate of -33.3% from 2012 to 2022. At the same time, Malaysia (+5.3%) and Myanmar (+1.2%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +5.3% from 2012-2022. By contrast, Indonesia (-2.4%), Singapore (-23.2%) and Vietnam (-28.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia, Singapore, Myanmar, Vietnam and Indonesia increased by +11, +5.2, +4.7, +4.2 and +1.6 percentage points, respectively.

In value terms, Thailand ($X) remains the largest articles of gut supplier in ASEAN, comprising 58% of total exports. The second position in the ranking was held by Singapore ($X), with a 13% share of total exports. It was followed by Malaysia, with a 13% share.

From 2012 to 2022, the average annual growth rate of value in Thailand totaled -13.0%. In the other countries, the average annual rates were as follows: Singapore (-15.0% per year) and Malaysia (-5.6% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, rising by 319% against the previous year. Overall, the export price showed a buoyant expansion. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a 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 Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+30.3%), while the other leaders experienced more modest paces of growth.

Articles Of Gut Imports

Imports in ASEAN

In 2022, articles of gut imports in ASEAN fell modestly to X tons, declining by -2.7% compared with 2021. In general, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2015 with an increase of 277% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, articles of gut imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 165%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam was the largest importing country with an import of about X tons, which finished at 53% of total imports. It was distantly followed by Malaysia (X tons) and the Philippines (X tons), together mixing up a 42% share of total imports. Singapore (X kg) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +44.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Vietnam ($X) constitutes the largest market for imported articles of gut, goldbeater’s skin, bladders or tendons in ASEAN, comprising 20% of total imports. The second position in the ranking was held by Malaysia ($X), with an 8.4% share of total imports. It was followed by Singapore, with a 0.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled +45.2%. In the other countries, the average annual rates were as follows: Malaysia (+4.3% per year) and Singapore (-2.2% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, increasing by 57% against the previous year. In general, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 65%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform