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 Averages $2,426 per Ton
India Vegetable Tanning Extracts Import Price in September 2022
In September 2022, the vegetable tanning extracts price stood at $2,426 per ton (CIF, India), stabilizing at the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 6.9% month-to-month. Over the period under review, average import prices attained the maximum at $2,522 per ton in May 2022; however, from June 2022 to September 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($2,862 per ton), while the price for the UK ($1,905 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
India Vegetable Tanning Extracts Imports
After three months of growth, purchases abroad of tanning extracts of vegetable origin, tannins and their salts other derivatives decreased by -24% to 2.7K tons in September 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 with an increase of 39% m-o-m. Imports peaked at 3.6K tons in August 2022, and then contracted markedly in the following month.
In value terms, vegetable tanning extracts imports contracted remarkably to $6.7M (IndexBox estimates) in September 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in August 2022 with an increase of 30% month-to-month. As a result, imports reached the peak of $8.8M, and then dropped notably in the following month.
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India Vegetable Tanning Extracts Imports by Country
In September 2022, Indonesia (1.4K tons) constituted the largest vegetable tanning extracts supplier to India, accounting for a 51% share of total imports. Moreover, vegetable tanning extracts imports from Indonesia exceeded the figures recorded by the second-largest supplier, South Africa (573 tons), twofold. Brazil (332 tons) ranked third in terms of total imports with a 12% share.
From January 2022 to September 2022, the average monthly growth rate of volume from Indonesia amounted to -2.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: South Africa (+5.6% per month) and Brazil (+19.8% per month).
In value terms, Indonesia ($4M) constituted the largest supplier of vegetable tanning extracts to India, comprising 60% of total imports. The second position in the ranking was taken by South Africa ($1.1M), with a 16% share of total imports. It was followed by Brazil, with a 9.8% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value from Indonesia stood at -1.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: South Africa (+6.7% per month) and Brazil (+21.3% per month).
Vegetable Tanning Extract Market Overview
Vegetable tanning extracts are derived from plants and bark and used as an alternative to animal-based products for leather tanning. They are eco-friendly and have a wide range of applications in the leather industry. The increasing demand for leather goods, coupled with the growing growing demand for eco-friendly and sustainable products, is projected to drive the market in India.
The growing population and increasing disposable income are also some of the key factors driving the growth of the market. With the rise in income levels, people are now able to afford luxury items such as leather goods. This is expected to boost the demand for vegetable tanning extracts in India over the next years. The major restraining factor for the market growth is the high cost of these extracts as compared to synthetic options.
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
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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
