Turkey: Artificial Guts Market 2024

Artificial Guts Market Size in Turkey

After two years of growth, the Turkish artificial guts market decreased by -54.4% to $X in 2022. In general, consumption showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Artificial Guts Exports

Exports from Turkey

In 2022, approx. X tons of artificial guts (sausage skins) were exported from Turkey; jumping by 287% compared with the previous year. In general, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, artificial guts exports surged to $X in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for artificial guts exports from Turkey, with a 62% share of total exports. Moreover, artificial guts exports to Russia exceeded the volume sent to the second major destination, Syrian Arab Republic (X tons), sevenfold. The third position in this ranking was taken by Algeria (X tons), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +92.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (0.0% per year) and Algeria (+57.7% per year).

In value terms, Russia ($X) emerged as the key foreign market for artificial guts (sausage skins) exports from Turkey, comprising 62% of total exports. The second position in the ranking was held by Spain ($X), with a 10% share of total exports. It was followed by Algeria, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +78.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+51.8% per year) and Algeria (+42.0% per year).

Export Prices by Country

In 2022, the average artificial guts export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial guts export price decreased by -21.2% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 89% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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 Spain ($X per ton), while the average price for exports to Syrian Arab Republic ($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 Azerbaijan (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Guts Imports

Imports into Turkey

In 2022, supplies from abroad of artificial guts (sausage skins) increased by 34% to X tons, rising for the sixth consecutive year after two years of decline. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +127.5% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, artificial guts imports skyrocketed to $X in 2022. In general, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +109.6% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of artificial guts to Turkey, with a 52% share of total imports. Moreover, artificial guts imports from Spain exceeded the figures recorded by the second-largest supplier, Serbia (X tons), threefold. France (X tons) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+9.5% per year) and France (+1.8% per year).

In value terms, Spain ($X) constituted the largest supplier of artificial guts (sausage skins) to Turkey, comprising 50% of total imports. The second position in the ranking was held by Serbia ($X), with an 18% share of total imports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+7.0% per year) and France (+0.6% per year).

Import Prices by Country

In 2022, the average artificial guts import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 7%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :