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India - Tanning Extracts Of Vegetable Origin, Tannins And Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Tanning Extracts Price in India - 2023
Contents:
- Vegetable Tanning Extracts Price in India (CIF) - 2023
- Vegetable Tanning Extracts Price in India (FOB) - 2022
- Vegetable Tanning Extracts Imports in India
- Vegetable Tanning Extracts Exports in India
Vegetable Tanning Extracts Price in India (CIF) - 2023
In September 2023, the average vegetable tanning extracts import price amounted to $2,388 per ton, remaining relatively unchanged against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 14% month-to-month. As a result, import price reached the peak level of $2,592 per ton. From December 2022 to September 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Indonesia ($2,655 per ton) and France ($2,328 per ton), while the price for South Africa ($1,852 per ton) and Tanzania ($1,898 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Tanzania (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Tanning Extracts Price in India (FOB) - 2022
In 2022, the average vegetable tanning extracts export price amounted to $1,330 per ton, with an increase of 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2016 when the average export price increased by 16%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,574 per ton), while the average price for exports to Brazil ($633 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 Bangladesh (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Tanning Extracts Imports in India
In 2022, the amount of tanning extracts of vegetable origin, tannins and their salts other derivatives imported into India fell dramatically to 34K tons, with a decrease of -30.8% on 2021 figures. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 69%. As a result, imports reached the peak of 49K tons, and then declined markedly in the following year.
In value terms, vegetable tanning extracts imports expanded significantly to $81M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Vegetable Tanning Extracts in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 41.9 | 34.8 | 47.1 | 48.9 | 5.3% |
South Africa | 8.2 | 4.8 | 6.2 | 7.8 | -1.7% |
Brazil | 10.5 | 8.0 | 8.7 | 5.8 | -17.9% |
United Kingdom | 2.4 | 2.5 | 2.5 | 4.1 | 19.5% |
Tanzania | 1.1 | 0.9 | 2.0 | 2.8 | 36.5% |
Argentina | 1.8 | 1.9 | 2.3 | 2.7 | 14.5% |
France | 2.9 | 1.3 | 1.8 | 1.8 | -14.7% |
Others | 6.0 | 3.2 | 4.9 | 6.7 | 3.7% |
Total | 74.8 | 57.4 | 75.6 | 80.6 | 2.5% |
Top Suppliers of Vegetable Tanning Extracts to India in 2022:
- Indonesia (17.4K tons)
- South Africa (4.3K tons)
- Brazil (3.1K tons)
- United Kingdom (2.3K tons)
- Tanzania (1.7K tons)
- Argentina (1.2K tons)
- France (0.9K tons)
Vegetable Tanning Extracts Exports in India
In 2022, approx. 4.5K tons of tanning extracts of vegetable origin, tannins and their salts other derivatives were exported from India; growing by 22% compared with 2021. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, vegetable tanning extracts exports skyrocketed to $6M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Vegetable Tanning Extracts in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,394 | 1,179 | 1,424 | 1,813 | 9.2% |
Italy | 1,276 | 981 | 1,416 | 1,812 | 12.4% |
Russia | 121 | 270 | 279 | 477 | 58.0% |
United Arab Emirates | 35.0 | 77.8 | 76.3 | 312 | 107.3% |
Saudi Arabia | 6.7 | 3.1 | N/A | 266 | 241.1% |
France | 257 | 37.3 | 107 | 230 | -3.6% |
Indonesia | 96.8 | 76.7 | 102 | 114 | 5.6% |
Brazil | 39.7 | 39.2 | 51.5 | 90.5 | 31.6% |
Thailand | 134 | 4.0 | 109 | 46.1 | -29.9% |
Others | 1,045 | 521 | 917 | 889 | -5.2% |
Total | 4,405 | 3,189 | 4,482 | 6,049 | 11.2% |
Top Export Markets for Vegetable Tanning Extracts from India in 2022:
- China (1632.5 tons)
- Italy (1151.2 tons)
- Russia (336.0 tons)
- United Arab Emirates (226.1 tons)
- France (223.0 tons)
- Saudi Arabia (170.8 tons)
- Brazil (143.1 tons)
- Indonesia (83.7 tons)
- Thailand (35.4 tons)
This report provides an in-depth analysis of the vegetable tanning extracts market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20122250 - Tanning extracts of vegetable origin, tannins and their salts, e thers, esters and other derivatives
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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From 2022 to 2023, the imports growth of Vegetable Tanning Extracts stayed slightly lower, with imports contracting to $77M in 2023.
The growth rate in January 2023 was the fastest, with a month-on-month increase of 38%. In terms of value, imports of Vegetable Tanning Extracts decreased to $6.5M in October 2023.
In September 2022, the vegetable tanning extracts price stood at $2,426 per ton (CIF, India), stabilizing at the previous month.
In value terms, tanning extracts of vegetable origin imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pat...
In value terms, tanning extracts of vegetable origin exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patter...
Explore the top import markets for iron or steel leaf-spring globally, including key statistics and import values. Learn about the leading countries driving the import market for these essential automotive components.
From 2022 to 2023, the imports growth of Vegetable Tanning Extracts stayed slightly lower, with imports contracting to $77M in 2023.
The growth rate in January 2023 was the fastest, with a month-on-month increase of 38%. In terms of value, imports of Vegetable Tanning Extracts decreased to $6.5M in October 2023.
In September 2022, the vegetable tanning extracts price stood at $2,426 per ton (CIF, India), stabilizing at the previous month.
In value terms, tanning extracts of vegetable origin imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pat...