Spain: Artificial Guts Market 2024

Artificial Guts Market Size in Spain

The Spanish artificial guts market fell to $X in 2022, leveling off at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Artificial guts consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Artificial Guts Production in Spain

In value terms, artificial guts production soared to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +73.5% against 2012 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Artificial Guts Exports

Exports from Spain

Artificial guts exports from Spain expanded rapidly to X tons in 2022, increasing by 8% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, artificial guts exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Czech Republic (X tons) was the main destination for artificial guts exports from Spain, with a 28% share of total exports. Moreover, artificial guts exports to the Czech Republic exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The third position in this ranking was held by China (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic stood at +1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.3% per year) and China (+33.1% per year).

In value terms, the largest markets for artificial guts exported from Spain were the Czech Republic ($X), the Philippines ($X) and Mexico ($X), together accounting for 43% of total exports. China, the United States, Portugal, the UK, South Africa, Italy, France, Brazil and Thailand lagged somewhat behind, together comprising a further 33%.

In terms of the main countries of destination, China, with a CAGR of +27.5%, recorded the highest rates of growth with regard to 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

In 2022, the average artificial guts export price amounted to $X per ton, flattening at the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 28%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Portugal ($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 the Czech Republic (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Guts Imports

Imports into Spain

In 2022, overseas purchases of artificial guts (sausage skins) decreased by -28.8% to X tons, falling for the second consecutive year after four years of growth. Overall, imports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2017 when imports increased by 26%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, artificial guts imports surged to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of artificial guts to Spain, with a 53% share of total imports. Moreover, artificial guts imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.3% per year) and Poland (-1.9% per year).

In value terms, the largest artificial guts suppliers to Spain were Germany ($X), Poland ($X) and Serbia ($X), together comprising 64% of total imports. Italy, France, Belgium and Portugal lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, Portugal, with a CAGR of +17.1%, saw the highest rates of growth with regard to 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, with an increase of 68% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 increased by +74.2% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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