Articles of Gut Market in the European Union
Market Overview
Please note: Annual data for 2022 are preliminary and subject to revision
For the third year in a row, the EU articles of gut market recorded decline in sales value, which decreased by -
% to $ in . Over the period under review, consumption saw a abrupt shrinkage. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market failed to regain momentum.
In value terms, articles of gut production expanded modestly to $ in estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2011 when the production volume increased by % against the previous year. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to , production remained at a lower figure.
The country with the largest volume of articles of gut production was Spain ( tons), comprising approx. % of total volume. Moreover, articles of gut production in Spain exceeded the figures recorded by the second-largest producer, Germany ( tons), more than tenfold.
In Spain, articles of gut production remained relatively stable over the period from 2007-.
% to $ in . Over the period under review, consumption saw a abrupt shrinkage. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market failed to regain momentum.In value terms, articles of gut production expanded modestly to $
in estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2011 when the production volume increased by % against the previous year. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to , production remained at a lower figure.The country with the largest volume of articles of gut production was Spain (
tons), comprising approx. % of total volume. Moreover, articles of gut production in Spain exceeded the figures recorded by the second-largest producer, Germany ( tons), more than tenfold.In Spain, articles of gut production remained relatively stable over the period from 2007-
.Consumption
Please note: Annual data for 2022 are preliminary and subject to revision
Articles of gut consumption dropped slightly to tons in , remaining stable against figures. In general, consumption recorded a abrupt descent. Over the period under review, consumption reached the maximum volume at tons in 2012; however, from 2013 to , consumption remained at a lower figure.
The size of the articles of gut market in the European Union totaled $ in , picking up 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). Overall, consumption continues to indicate a deep slump. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.
tons in , remaining stable against figures. In general, consumption recorded a abrupt descent. Over the period under review, consumption reached the maximum volume at tons in 2012; however, from 2013 to , consumption remained at a lower figure.The size of the articles of gut market in the European Union totaled $
in , picking up 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). Overall, consumption continues to indicate a deep slump. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.Consumption by Country
Please note: Annual data for 2022 are preliminary and subject to revision
The countries with the highest volumes of consumption in were France ( tons), Italy ( tons) and Germany ( tons), with a combined % share of total consumption. Spain, Sweden and the Netherlands lagged somewhat behind, together accounting for a further %.
From 2007 to, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the Netherlands (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.
In value terms, France ($) led the market, alone. The second position in the ranking was taken by Italy ($). It was followed by Germany.
In France, the articles of gut market remained relatively stable over the period from 2007-. In the other countries, the average annual rates were as follows: Italy (+% per year) and Germany (+% per year).
In No countries articles of gut per capita consumption remained relatively stable over the period from 2007-.
were France ( tons), Italy ( tons) and Germany ( tons), with a combined % share of total consumption. Spain, Sweden and the Netherlands lagged somewhat behind, together accounting for a further %.From 2007 to
, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the Netherlands (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.In value terms, France ($
) led the market, alone. The second position in the ranking was taken by Italy ($). It was followed by Germany.In France, the articles of gut market remained relatively stable over the period from 2007-
. In the other countries, the average annual rates were as follows: Italy (+% per year) and Germany (+% per year).In No countries articles of gut per capita consumption remained relatively stable over the period from 2007-
.Market Forecast
Please note: Annual data for 2022 are preliminary and subject to revision
Driven by rising demand for articles of gut in the European Union, 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 +% 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 .
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