Estonia: Artificial Guts Market 2024

Artificial Guts Market Size in Estonia

The Estonian artificial guts market amounted to $X in 2022, increasing by 1.9% against the previous year. Over the period under review, consumption showed a noticeable decrease. Artificial guts consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Artificial Guts Production in Estonia

In value terms, artificial guts production dropped to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Artificial Guts Exports

Exports from Estonia

In 2022, approx. X tons of artificial guts (sausage skins) were exported from Estonia; dropping by -15.9% on 2021 figures. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 142%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, artificial guts exports declined to $X in 2022. Over the period under review, exports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when exports increased by 105% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X tons), Lithuania (X tons) and Russia (X tons) were the main destinations of artificial guts exports from Estonia, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +9.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for artificial guts exported from Estonia were Latvia ($X), Lithuania ($X) and Russia ($X), with a combined 100% share of total exports.

Among the main countries of destination, Russia, with a CAGR of +11.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average artificial guts export price stood at $X per ton in 2022, surging by 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The growth pace was the most rapid in 2014 when the average export price increased by 45% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Latvia ($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 Russia (+1.1%), while the prices for the other major destinations experienced a decline.

Artificial Guts Imports

Imports into Estonia

In 2022, approx. X tons of artificial guts (sausage skins) were imported into Estonia; with a decrease of -17% compared with 2021. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of 29% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, artificial guts imports fell to $X in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest artificial guts supplier to Estonia, accounting for a 56% share of total imports. Moreover, artificial guts imports from Belgium exceeded the figures recorded by the second-largest supplier, Finland (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+7.3% per year) and the Czech Republic (-0.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of artificial guts (sausage skins) to Estonia, comprising 51% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 21% share of total imports. It was followed by Finland, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-3.4% per year) and Finland (+8.2% per year).

Import Prices by Country

In 2022, the average artificial guts import price amounted to $X per ton, rising by 11% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform