Articles of Gut Market in Russia
Market Overview
In 
, the Russian articles of gut market increased by % to $ for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a deep reduction. Articles of gut consumption peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.
In value terms, articles of gut production rose significantly to $ in estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2014 to , production growth remained at a lower figure.
, the Russian articles of gut market increased by % to $ for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a deep reduction. Articles of gut consumption peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.In value terms, articles of gut production rose significantly to $
in estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2014 to , production growth remained at a lower figure.Consumption
In , consumption of articles of gut, goldbeater’s skin, bladders or tendons increased by % to tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a deep slump. Over the period under review, consumption attained the maximum volume at tons in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.
The value of the articles of gut market in Russia skyrocketed to $ in , jumping 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, however, showed a deep slump. Over the period under review, the market hit record highs at $ in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.
, consumption of articles of gut, goldbeater’s skin, bladders or tendons increased by % to tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a deep slump. Over the period under review, consumption attained the maximum volume at tons in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.The value of the articles of gut market in Russia skyrocketed to $
in , jumping 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, however, showed a deep slump. Over the period under review, the market hit record highs at $ in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for articles of gut in Russia, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract 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 depress the market volume to tons by the end of .In value terms, the market is forecast to contract 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
Over the period under review, the share of imports in terms of total articles of gut consumption in Russia was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Russia articles of gut market is largely supplied by domestic manufacturers.
% figure. In value terms the share of imports also stood at a low figure, which means that the Russia articles of gut market is largely supplied by domestic manufacturers.Trade Balance
Russia remains a net exporter of articles of gut; 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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