Slovenia: Artificial Guts Market 2024

Artificial Guts Market Size in Slovenia

The Slovene artificial guts market expanded markedly to $X in 2022, increasing by 6.5% against the previous year. Over the period under review, consumption recorded a perceptible expansion. Artificial guts consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Artificial Guts Production in Slovenia

In value terms, artificial guts production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 115%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Artificial Guts Exports

Exports from Slovenia

After four years of growth, overseas shipments of artificial guts (sausage skins) decreased by -28.6% to X tons in 2022. Overall, exports, however, showed a modest expansion. The pace of growth was the most pronounced in 2016 with an increase of 53%. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined markedly in the following year.

In value terms, artificial guts exports plummeted to $X in 2022. In general, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 with an increase of 26% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for artificial guts exports from Slovenia, with a 70% share of total exports. Moreover, artificial guts exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was taken by Croatia (X tons), with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.2% per year) and Croatia (-16.7% per year).

In value terms, Italy ($X) remains the key foreign market for artificial guts (sausage skins) exports from Slovenia, comprising 61% of total exports. The second position in the ranking was held by Germany ($X), with a 27% share of total exports. It was followed by Croatia, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.9% per year) and Croatia (-18.9% per year).

Export Prices by Country

In 2022, the average artificial guts export price amounted to $X per ton, rising by 6% against the previous year. Overall, the export price, however, showed a noticeable contraction. The growth pace was the most rapid in 2014 when the average export price increased by 11%. 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.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Italy ($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 Germany (-2.1%), while the prices for the other major destinations experienced a decline.

Artificial Guts Imports

Imports into Slovenia

In 2022, the amount of artificial guts (sausage skins) imported into Slovenia declined to X tons, shrinking by -13.1% compared with the previous year's figure. In general, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 27%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, artificial guts imports dropped to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 29% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Serbia (X tons), Spain (X tons) and the Czech Republic (X tons) were the main suppliers of artificial guts imports to Slovenia, with a combined 68% share of total imports. France, Poland, Germany, Croatia and Belgium lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +16.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest artificial guts suppliers to Slovenia were Serbia ($X), Spain ($X) and the Czech Republic ($X), together accounting for 72% of total imports. Germany, Poland, France, Croatia and Belgium lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, Croatia, with a CAGR of +13.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average artificial guts import price stood at $X per ton in 2022, surging by 13% against the previous year. In general, the import price, however, saw a pronounced decline. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for France ($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 (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform