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Sri Lanka - 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 Sri Lanka - 2021
Contents:
- Vegetable Tanning Extracts Price in Sri Lanka (CIF) - 2022
- Vegetable Tanning Extracts Price in Sri Lanka (FOB) - 2022
- Vegetable Tanning Extracts Imports in Sri Lanka
- Vegetable Tanning Extracts Exports in Sri Lanka
Vegetable Tanning Extracts Price in Sri Lanka (CIF) - 2022
In 2022, the average vegetable tanning extracts import price amounted to $1,870 per ton, increasing by 47% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable tanning extracts import price increased by +74.2% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($20,882 per ton), while the price for South Africa ($1,131 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+50.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Tanning Extracts Price in Sri Lanka (FOB) - 2022
In 2022, the average vegetable tanning extracts export price amounted to $811 per ton, waning by -21.4% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 64%. As a result, the export price reached the peak level of $2,985 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +46.6% per year.
Vegetable Tanning Extracts Imports in Sri Lanka
Vegetable tanning extracts imports into Sri Lanka fell dramatically to 24 tons in 2022, which is down by -78.4% compared with 2021. In general, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of 113 tons, and then declined markedly in the following year.
In value terms, vegetable tanning extracts imports contracted dramatically to $46K in 2022. Overall, imports showed a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of $143K, and then reduced remarkably in the following year.
Import of Vegetable Tanning Extracts in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 39.0 | 19.3 | 23.0 | 22.6 | -16.6% |
South Korea | N/A | N/A | 5.0 | 15.5 | 210.0% |
India | 32.0 | 31.1 | 70.8 | 4.4 | -48.4% |
Malaysia | N/A | N/A | 2.0 | 3.1 | 55.0% |
Saudi Arabia | 12.9 | 12.9 | 14.3 | N/A | 5.3% |
Brazil | 16.3 | 15.9 | 17.2 | N/A | 2.7% |
Others | 16.5 | 9.2 | 11.1 | N/A | -18.0% |
Total | 117 | 88.3 | 143 | 45.6 | -27.0% |
Top Suppliers of Vegetable Tanning Extracts to Sri Lanka in 2022:
- South Africa (20.0 tons)
- India (3.1 tons)
- South Korea (0.7 tons)
- Malaysia (0.6 tons)
Vegetable Tanning Extracts Exports in Sri Lanka
In 2022, approx. 38 tons of tanning extracts of vegetable origin, tannins and their salts other derivatives were exported from Sri Lanka; falling by -67.5% on the previous year's figure. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 9.9% against the previous year. As a result, the exports reached the peak of 116 tons, and then shrank sharply in the following year.
In value terms, vegetable tanning extracts exports fell significantly to $30K in 2022. Overall, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 7.6%.
Export of Vegetable Tanning Extracts in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 45.1 | 65.1 | 118 | 30.4 | -12.3% |
Pakistan | 31.0 | 45.7 | N/A | N/A | 47.4% |
Others | 76.5 | N/A | 0.8 | N/A | -89.8% |
Total | 153 | 111 | 119 | 30.4 | -41.6% |
Top Export Markets for Vegetable Tanning Extracts from Sri Lanka in 2022:
- India (37.5 tons)
This report provides an in-depth analysis of the vegetable tanning extracts market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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