Slovakia: Artificial Guts Market 2024

Artificial Guts Market Size in Slovakia

For the third year in a row, the Slovak artificial guts market recorded decline in sales value, which decreased by -31.6% to $X in 2022. Over the period under review, consumption saw a deep slump. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Artificial Guts Production in Slovakia

In value terms, artificial guts production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value 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, production increased by +11.7% against 2018 indices. The growth pace was the most rapid in 2019 when the production volume increased by 39%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Artificial Guts Exports

Exports from Slovakia

After two years of decline, shipments abroad of artificial guts (sausage skins) increased by 90% to X tons in 2022. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial guts exports surged to $X in 2022. Over the period under review, exports, however, saw a mild downturn. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), Serbia (X tons) and France (X tons) were the main destinations of artificial guts exports from Slovakia, with a combined 78% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +82.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for artificial guts exported from Slovakia were Serbia ($X), the Czech Republic ($X) and France ($X), together accounting for 71% of total exports.

In terms of the main countries of destination, France, with a CAGR of +83.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average artificial guts export price stood at $X per ton in 2022, which is down by -1.5% against the previous year. Overall, the export price showed a mild descent. The growth pace was the most rapid in 2015 an increase of 32%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Italy ($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 Poland (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Guts Imports

Imports into Slovakia

For the third year in a row, Slovakia recorded growth in purchases abroad of artificial guts (sausage skins), which increased by 26% to X tons in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, artificial guts imports soared to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), the Czech Republic (X tons) and Poland (X tons) were the main suppliers of artificial guts imports to Slovakia, together accounting for 83% of total imports. Spain and Germany lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +14.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), France ($X) and Poland ($X) appeared to be the largest artificial guts suppliers to Slovakia, with a combined 91% share of total imports.

Poland, with a CAGR of +22.8%, saw the highest rates of growth with regard to 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, picking up by 2.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 12% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 Czech Republic ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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