Articles of Gut Market

The global market for articles of gut is expected to see an upward consumption trend from 2022 to 2030, with a forecasted increase in market volume and value. Spain leads in consumption and production, while France dominates in imports and exports. The average import and export prices show noticeable fluctuations over the years, with Spain, Slovenia, and Italy being the top exporters in 2022.

Market Forecast

Driven by rising demand for articles of gut worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.8% for the period from 2022 to 2030, which is projected to bring the market volume to 5.8K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +6.1% for the period from 2022 to 2030, which is projected to bring the market value to $663M (in nominal prices) by the end of 2030.

Consumption

World Consumption of Articles Of Gut, Goldbeater’S Skin, Bladders Or Tendons

In 2022, approx. 5.5K tons of articles of gut, goldbeater’s skin, bladders or tendons were consumed worldwide; growing by 8.8% against the previous year's figure. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, global consumption attained the peak volume at 5.6K tons in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

The global articles of gut market value declined modestly to $415M in 2022, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market hit record highs at $470M in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Consumption By Country

Spain (2.3K tons) remains the largest articles of gut consuming country worldwide, accounting for 43% of total volume. Moreover, articles of gut consumption in Spain exceeded the figures recorded by the second-largest consumer, the United States (632 tons), fourfold. The third position in this ranking was held by Tunisia (435 tons), with an 8% share.

In Spain, articles of gut consumption shrank by an average annual rate of -3.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (+31.3% per year) and Tunisia (+0.7% per year).

In value terms, Brazil ($296M) led the market, alone. The second position in the ranking was taken by Spain ($28M). It was followed by France.

In Brazil, the articles of gut market increased at an average annual rate of +5.0% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: Spain (-5.5% per year) and France (-5.5% per year).

In 2022, the highest levels of articles of gut per capita consumption was registered in Suriname (345 kg per 1000 persons), followed by Spain (49 kg per 1000 persons), Tunisia (36 kg per 1000 persons) and Burkina Faso (19 kg per 1000 persons), while the world average per capita consumption of articles of gut was estimated at 0.7 kg per 1000 persons.

From 2012 to 2022, the average annual growth rate of the articles of gut per capita consumption in Suriname amounted to +99.3%. In the other countries, the average annual rates were as follows: Spain (-3.8% per year) and Tunisia (-0.5% per year).

Production

World Production of Articles Of Gut, Goldbeater’S Skin, Bladders Or Tendons

In 2022, approx. 5.5K tons of articles of gut, goldbeater’s skin, bladders or tendons were produced worldwide; leveling off at the year before. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 6.4%. Global production peaked at 5.5K tons in 2020; afterwards, it flattened through to 2022.

In value terms, articles of gut production totaled $409M in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 16% against the previous year. Over the period under review, global production attained the peak level at $444M in 2016; however, from 2017 to 2022, production remained at a lower figure.

Production By Country

The country with the largest volume of articles of gut production was Spain (3.4K tons), comprising approx. 61% of total volume. Moreover, articles of gut production in Spain exceeded the figures recorded by the second-largest producer, the United States (514 tons), sevenfold. The third position in this ranking was taken by Tunisia (447 tons), with an 8.1% share.

In Spain, articles of gut production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (+9.7% per year) and Tunisia (+0.8% per year).

Imports

World Imports of Articles Of Gut, Goldbeater’S Skin, Bladders Or Tendons

In 2022, the amount of articles of gut, goldbeater’s skin, bladders or tendons imported worldwide skyrocketed to 1.5K tons, jumping by 92% against 2021. Overall, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, articles of gut imports soared to $51M in 2022. Over the period under review, imports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 with an increase of 66% against the previous year. As a result, imports attained the peak of $113M. From 2019 to 2022, the growth of global imports remained at a somewhat lower figure.

Imports By Country

In 2022, Burkina Faso (420 tons), distantly followed by Suriname (206 tons), France (185 tons), Italy (167 tons), the United States (143 tons) and Slovenia (100 tons) represented the major importers of articles of gut, goldbeater’s skin, bladders or tendons, together constituting 83% of total imports. Portugal (60 tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to articles of gut imports into Burkina Faso stood at +69.2%. At the same time, Suriname (+101.2%), Slovenia (+101.0%), the United States (+70.3%) and Portugal (+11.5%) displayed positive paces of growth. Moreover, Suriname emerged as the fastest-growing importer imported in the world, with a CAGR of +101.2% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, France (-8.4%) illustrated a downward trend over the same period. While the share of Burkina Faso (+28 p.p.), Suriname (+14 p.p.), the United States (+9.7 p.p.), Slovenia (+6.8 p.p.) and Portugal (+2.4 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Italy (-3.5 p.p.) and France (-24 p.p.) displayed negative dynamics.

In value terms, France ($22M) constitutes the largest market for imported articles of gut, goldbeater’s skin, bladders or tendons worldwide, comprising 43% of global imports. The second position in the ranking was taken by Italy ($5.1M), with a 10% share of global imports. It was followed by the United States, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value in France stood at -3.7%. In the other countries, the average annual rates were as follows: Italy (-4.0% per year) and the United States (-4.0% per year).

Import Prices By Country

The average articles of gut import price stood at $34,694 per ton in 2022, reducing by -38.3% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 24%. Over the period under review, average import prices hit record highs at $100,359 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($118,440 per ton), while Burkina Faso ($454 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.1%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Articles Of Gut, Goldbeater’S Skin, Bladders Or Tendons

In 2022, global exports of articles of gut, goldbeater’s skin, bladders or tendons skyrocketed to 1.5K tons, picking up by 27% compared with the previous year's figure. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 46% against the previous year. Over the period under review, the global exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, articles of gut exports skyrocketed to $35M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The global exports peaked at $40M in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports By Country

Spain prevails in exports structure, resulting at 1K tons, which was approx. 70% of total exports in 2022. Germany (121 tons) ranks second in terms of the total exports with an 8.1% share, followed by Slovenia (6.7%) and Italy (6%). The following exporters - India (27 tons) and the United States (25 tons) - each amounted to a 3.5% share of total exports.

Exports from Spain increased at an average annual rate of +46.8% from 2012 to 2022. At the same time, Slovenia (+342.8%), India (+20.1%) and Italy (+5.1%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the world, with a CAGR of +342.8% from 2012-2022. By contrast, Germany (-3.4%) and the United States (-17.2%) illustrated a downward trend over the same period. While the share of Spain (+66 p.p.) and Slovenia (+6.7 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Italy (-2.8 p.p.), Germany (-19.3 p.p.) and the United States (-24.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($4.3M), Slovenia ($3.7M) and Italy ($3.2M) appeared to be the countries with the highest levels of exports in 2022, together comprising 32% of global exports.

In terms of the main exporting countries, Slovenia, with a CAGR of +438.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average articles of gut export price stood at $23,176 per ton in 2022, rising by 3.4% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2017 when the average export price increased by 10%. The global export price peaked at $59,636 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($36,533 per ton), while India ($1,461 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+21.5%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform