Thailand: Articles Of Gut Market 2025

Articles Of Gut Market Size in Thailand

In 2022, after two years of decline, there was significant growth in the Thai articles of gut market, when its value increased by 30% to $X. In general, consumption continues to indicate a significant expansion. 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.

Articles Of Gut Production in Thailand

In value terms, articles of gut production dropped markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by 434% against the previous year. Articles of gut production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Articles Of Gut Exports

Exports from Thailand

In 2022, the amount of articles of gut, goldbeater’s skin, bladders or tendons exported from Thailand dropped significantly to X kg, falling by -88.5% compared with 2021. Overall, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 1,382%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, articles of gut exports fell to $X in 2022. In general, exports saw a deep setback. The pace of growth was the most pronounced in 2019 when exports increased by 457% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar (X kg) was the main destination for articles of gut exports from Thailand, accounting for a 97% share of total exports. It was followed by Germany (X kg), with a 2% share of total exports. The UK (X kg) ranked third in terms of total exports with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.6% per year) and the UK (-40.9% per year).

In value terms, Myanmar ($X) emerged as the key foreign market for articles of gut, goldbeater’s skin, bladders or tendons exports from Thailand, comprising 100% of total exports. The second position in the ranking was taken by Germany ($X), with a 0.3% share of total exports. It was followed by the UK, with a 0.2% share.

From 2012 to 2022, the average annual growth rate of value to Myanmar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-24.3% per year) and the UK (-38.7% per year).

Export Prices by Country

In 2022, the average articles of gut export price amounted to $X per ton, growing by 664% against the previous year. In general, the export price recorded a significant expansion. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while the average price for exports to New Zealand ($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 Denmark (+307.0%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Gut Imports

Imports into Thailand

In 2022, overseas purchases of articles of gut, goldbeater’s skin, bladders or tendons increased by 76% to X kg, rising for the second consecutive year after two years of decline. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 86% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, articles of gut imports skyrocketed to $X in 2022. Over the period under review, imports recorded a mild expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 166% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X kg) constituted the largest supplier of articles of gut to Thailand, accounting for a 83% share of total imports. Moreover, articles of gut imports from China exceeded the figures recorded by the second-largest supplier, the United States (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +15.5%.

In value terms, China ($X) constituted the largest supplier of articles of gut, goldbeater’s skin, bladders or tendons to Thailand, comprising 99% of total imports. The second position in the ranking was held by the United States ($X), with a 0.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +31.2%.

Import Prices by Country

In 2022, the average articles of gut import price amounted to $X per ton, falling by -7.2% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2019 an increase of 256% against the previous year. The import price peaked at $X per ton in 2021, and then fell in the following year.

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 China ($X per ton), while the price for the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+69.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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