Japan: Artificial Guts Market 2024

Artificial Guts Market Size in Japan

The Japanese artificial guts market reached $X in 2022, surging by 4.9% against the previous year. Overall, consumption posted modest growth. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Artificial Guts Production in Japan

In value terms, artificial guts production rose sharply to $X in 2022 estimated in export price. In general, production saw a mild increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 43% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Artificial Guts Exports

Exports from Japan

In 2022, overseas shipments of artificial guts (sausage skins) increased by 9.3% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2017 with an increase of 21%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, artificial guts exports amounted to $X in 2022. In general, exports, however, saw a slight descent. The most prominent rate of growth was recorded in 2018 when exports increased by 19%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Thailand (X tons) and South Korea (X tons) were the main destinations of artificial guts exports from Japan, together comprising 76% of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +3.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for artificial guts exported from Japan were the United States ($X), Thailand ($X) and South Korea ($X), with a combined 80% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +2.2%, recorded 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

In 2022, the average artificial guts export price amounted to $X per ton, dropping by -6.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 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 the United States ($X per ton), while the average price for exports to Russia ($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 (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Artificial Guts Imports

Imports into Japan

Artificial guts imports into Japan shrank to X tons in 2022, with a decrease of -9.3% against 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 12% 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 declined notably to $X in 2022. In general, imports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2016 with an increase of 5.9% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest artificial guts supplier to Japan, accounting for a 48% share of total imports. Moreover, artificial guts imports from Australia exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The Philippines (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+8.5% per year) and the Philippines (+31.5% per year).

In value terms, Australia ($X) constituted the largest supplier of artificial guts (sausage skins) to Japan, comprising 66% of total imports. The second position in the ranking was held by Spain ($X), with a 10% share of total imports. It was followed by the Philippines, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value from Australia totaled -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+6.8% per year) and the Philippines (+33.2% per year).

Import Prices by Country

The average artificial guts import price stood at $X per ton in 2022, with a decrease of -8.3% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 16%. The import price peaked at $X per ton in 2012; however, from 2013 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 Australia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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