Report Update Mar 1, 2025

Republic of Korea - Guts, Bladders and Stomachs of Animals - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Animal Guts Market 2025

Animal Guts Market Size in Republic of Korea

The South Korean animal guts market amounted to $X in 2022, approximately mirroring the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Animal Guts Production in Republic of Korea

In value terms, animal guts production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible descent. The most prominent rate of growth was recorded in 2016 with an increase of 69%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Animal Guts Exports

Exports from Republic of Korea

In 2022, the amount of guts, bladders and stomachs of animals exported from South Korea surged to X tons, increasing by 85% on the previous year. Overall, exports, however, continue to indicate a noticeable setback. The growth pace was the most rapid in 2013 with an increase of 948% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, animal guts exports soared to $X in 2022. Over the period under review, exports showed resilient growth. The pace of growth was the most pronounced in 2013 with an increase of 821% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Albania (X tons) was the main destination for animal guts exports from South Korea, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Albania totaled +83.5%.

In value terms, Albania ($X) also remains the key foreign market for guts, bladders and stomachs of animals exports from South Korea.

From 2012 to 2022, the average annual growth rate of value to Albania totaled +38.5%.

Export Prices by Country

In 2022, the average animal guts export price amounted to $X per ton, reducing by -24.6% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 145%. As a result, the export price reached the peak level of $X per ton, and then contracted remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Albania.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +6.1% per year.

Animal Guts Imports

Imports into Republic of Korea

In 2022, overseas purchases of guts, bladders and stomachs of animals decreased by -5.4% to X tons, falling for the third consecutive year after four years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 45% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, animal guts imports amounted to $X in 2022. In general, imports, however, posted perceptible growth. The growth pace was the most rapid in 2018 with an increase of 83%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of animal guts imports to South Korea, together comprising 74% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +12.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest animal guts suppliers to South Korea were the United States ($X), Australia ($X) and Spain ($X), with a combined 75% share of total imports. New Zealand, Mexico, the Netherlands and Chile lagged somewhat behind, together accounting for a further 19%.

Mexico, with a CAGR of +19.1%, recorded the highest growth rate of the value of imports, among 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 animal guts import price amounted to $X per ton, picking up by 14% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal guts import price increased by +26.1% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 28%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for guts, bladders and stomachs of animals in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 32% share of global consumption. Russia, Japan, Germany, Brazil, Indonesia, Spain, Pakistan, Bangladesh, Mexico and France lagged somewhat behind, together comprising a further 27%.

What are the largest producers of guts, bladders and stomachs of animals in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 31% of global production. Brazil, Germany, Russia, Spain, Japan, Indonesia, Bangladesh, Pakistan and Canada lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of guts, bladders and stomachs of animals to Republic of Korea?

In value terms, the United States, Australia and Spain constituted the largest animal guts suppliers to South Korea, together comprising 75% of total imports. These countries were followed by New Zealand, Mexico, Germany and Chile, which together accounted for a further 20%.

What are the leading importers of guts, bladders and stomachs of animals from Republic of Korea?

In value terms, Vietnam remains the key foreign market for animal guts exports from South Korea, comprising 95% of total exports. The second position in the ranking was occupied by Lao People's Democratic Republic, with a 5.4% share of total exports.

What is the average export price for guts, bladders and stomachs of animals in Republic of Korea?

The average animal guts export price stood at $1,093 per ton in 2021, with a decrease of -27.2% against the previous year.

What is the average import price for guts, bladders and stomachs of animals in Republic of Korea?

In 2021, the average animal guts import price amounted to $3,930 per ton, growing by 6.3% against the previous year.

This report provides an in-depth analysis of the animal guts market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10116030 - Guts, bladders and stomachs of animals, whole or in pieces (excluding fish)

Country coverage:

South Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Republic of Korea
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024