United Kingdom: Artificial Guts Market 2024

Artificial Guts Market Size in the UK

The UK artificial guts market reached $X in 2022, increasing by 1.8% against the previous year. Over the period under review, consumption recorded buoyant growth. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Artificial Guts Production in the UK

In value terms, artificial guts production expanded modestly to $X in 2022 estimated in export price. In general, production recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 38% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Artificial Guts Exports

Exports from the UK

In 2022, shipments abroad of artificial guts (sausage skins) was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a deep setback. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial guts exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ireland (X tons), the Czech Republic (X tons) and South Korea (X tons) were the main destinations of artificial guts exports from the UK, with a combined 56% share of total exports. India, Kenya, Germany, Brazil, Chile, Japan, South Africa, Sweden and the United States lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +46.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for artificial guts exported from the UK were the Czech Republic ($X), Ireland ($X) and India ($X), together comprising 57% of total exports. South Korea, Kenya, Sweden, Japan, Chile, Germany, South Africa, the United States and Brazil lagged somewhat behind, together comprising a further 33%.

Chile, with a CAGR of +44.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 21%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Brazil ($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 India (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Guts Imports

Imports into the UK

In 2022, overseas purchases of artificial guts (sausage skins) decreased by -30.2% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2018 when imports increased by 41%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, artificial guts imports reduced sharply to $X in 2022. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 35%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest artificial guts supplier to the UK, accounting for a 69% share of total imports. Moreover, artificial guts imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. The third position in this ranking was taken by Italy (X tons), with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and Italy (-19.3% per year).

In value terms, Spain ($X) constituted the largest supplier of artificial guts (sausage skins) to the UK, comprising 67% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Japan, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.5% per year) and Japan (+39.2% per year).

Import Prices by Country

In 2022, the average artificial guts import price amounted to $X per ton, growing by 9.4% against the previous year. Over the period under review, the import price recorded measured growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 104% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Japan ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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