Thailand: Animal Guts Market 2025

Animal Guts Market Size in Thailand

The Thai animal guts market shrank slightly to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Animal guts consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Animal Guts Production in Thailand

In value terms, animal guts production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by 35%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Animal Guts Exports

Exports from Thailand

After three years of growth, overseas shipments of guts, bladders and stomachs of animals decreased by -11% to X tons in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 14,547%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, animal guts exports rose notably to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 18,488%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Japan (X tons), China (X tons) and Myanmar (X tons) were the main destinations of animal guts exports from Thailand, together accounting for 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +86.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), China ($X) and Myanmar ($X) appeared to be the largest markets for animal guts exported from Thailand worldwide, with a combined 99% share of total exports.

Among the main countries of destination, China, with a CAGR of +103.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average animal guts export price stood at $X per ton in 2022, surging by 20% against the previous year. Over the last decade, it increased at an average annual rate of +5.3%. The most prominent rate of growth was recorded in 2013 an increase of 54%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Lao People's Democratic Republic ($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 Myanmar (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Animal Guts Imports

Imports into Thailand

In 2022, after two years of growth, there was significant decline in overseas purchases of guts, bladders and stomachs of animals, when their volume decreased by -10.5% to X tons. In general, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 92%. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, animal guts imports shrank markedly to $X in 2022. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 89% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Argentina (X tons), New Zealand (X tons) and Australia (X tons) were the main suppliers of animal guts imports to Thailand, together accounting for 68% of total imports. China, Denmark, Uruguay and Nicaragua lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +111.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest animal guts suppliers to Thailand were China ($X), Australia ($X) and New Zealand ($X), together accounting for 71% of total imports. Argentina, Nicaragua, Uruguay and Denmark lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Denmark, with a CAGR of +99.3%, 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

In 2022, the average animal guts import price amounted to $X per ton, reducing by -6.8% against the previous year. In general, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 24%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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