Iran: Artificial Guts Market 2024

Artificial Guts Market Size in Iran

The Iranian artificial guts market stood at $X in 2022, leveling off at the previous year. In general, consumption, however, showed a mild setback. The most prominent rate of growth was recorded in 2016 with an increase of 8% against the previous year. Artificial guts consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Artificial Guts Production in Iran

In value terms, artificial guts production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced downturn. The growth pace was the most rapid in 2017 when the production volume increased by 7.5%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Artificial Guts Exports

Exports from Iran

After two years of growth, shipments abroad of artificial guts (sausage skins) decreased by -29.3% to X tons in 2022. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 205%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, artificial guts exports shrank remarkably to $X in 2022. In general, exports saw a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 152%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for artificial guts exports from Iran, with a 98% share of total exports. It was followed by Azerbaijan (X kg), with a 0.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at +27.9%.

In value terms, Turkey ($X) remains the key foreign market for artificial guts (sausage skins) exports from Iran, comprising 77% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at +33.3%.

Export Prices by Country

In 2022, the average artificial guts export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2017 an increase of 17% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Azerbaijan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+43.5%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Guts Imports

Imports into Iran

Artificial guts imports into Iran skyrocketed to X tons in 2022, with an increase of 166% on 2021 figures. Overall, imports, however, recorded a noticeable setback. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, artificial guts imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 492%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of artificial guts to Iran, with a 69% share of total imports. Moreover, artificial guts imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+0.5% per year) and the UK (+47.8% per year).

In value terms, the largest artificial guts suppliers to Iran were China ($X), Turkey ($X) and the UK ($X).

The UK, with a CAGR of +22.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average artificial guts import price amounted to $X per ton, increasing by 8.7% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial guts import price decreased by -8.9% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 158% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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