Animal Guts Market in Spain
Market Overview
The Spanish animal guts market reduced slightly to $
in , waning by -% against 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). In general, consumption, however, recorded resilient growth. Animal guts consumption peaked at $ in , and then reduced slightly in the following year.
In value terms, animal guts production contracted to $ in estimated in export price. Overall, production, however, saw a prominent expansion. The growth pace was the most rapid in 2017 with an increase of %. Animal guts production peaked at $ in , and then fell in the following year.
in , waning by -% against 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). In general, consumption, however, recorded resilient growth. Animal guts consumption peaked at $ in , and then reduced slightly in the following year.In value terms, animal guts production contracted to $
in estimated in export price. Overall, production, however, saw a prominent expansion. The growth pace was the most rapid in 2017 with an increase of %. Animal guts production peaked at $ in , and then fell in the following year.Consumption
Animal guts consumption in Spain dropped to tons in , with a decrease of -% compared with the previous year. Overall, consumption, however, saw a resilient increase. Animal guts consumption peaked at tons in , and then fell in the following year.
The size of the animal guts market in Spain shrank to $ in , with a decrease of -% against 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). Over the period under review, consumption, however, continues to indicate a prominent increase. Over the period under review, the market reached the maximum level at $ in , and then reduced slightly in the following year.
tons in , with a decrease of -% compared with the previous year. Overall, consumption, however, saw a resilient increase. Animal guts consumption peaked at tons in , and then fell in the following year.The size of the animal guts market in Spain shrank to $
in , with a decrease of -% against 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). Over the period under review, consumption, however, continues to indicate a prominent increase. Over the period under review, the market reached the maximum level at $ in , and then reduced slightly in the following year.Market Forecast
Driven by increasing demand for guts, bladders and stomachs of animals in Spain, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Spain domestic supply is expected to continue its growth.
% in 2007 to % in . Spain domestic supply is expected to continue its growth.Trade Balance
Spain remains a net exporter of animal guts; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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