Report Update: Apr 1, 2024

Brazil - Synthetic Organic Tanning Substances - Market Analysis, Forecast, Size, Trends And Insights

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Price for Synthetic Organic Tanning Substances in Brazil - 2023

Price for Synthetic Organic Tanning Substances in Brazil (CIF) - 2023

The average synthetic organic tanning substances import price stood at $1,931 per ton in September 2023, waning by -7.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 17% month-to-month. The import price peaked at $2,200 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($2,559 per ton), while the price for Argentina ($1,555 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Synthetic Organic Tanning Substances in Brazil (FOB) - 2023

The average synthetic organic tanning substances export price stood at $1,311 per ton in September 2023, waning by -2.3% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 16% m-o-m. The export price peaked at $1,514 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Chile ($2,400 per ton), while the average price for exports to Pakistan ($650 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Organic Tanning Substances in Brazil

After three years of growth, overseas purchases of synthetic organic tanning substances decreased by -30.8% to 10K tons in 2022. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 15K tons, and then contracted significantly in the following year.

In value terms, synthetic organic tanning substances imports reduced notably to $19M in 2022. Overall, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +14.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of $24M, and then declined dramatically in the following year.

Import of Synthetic Organic Tanning Substances in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	4.0	3.5	4.3	5.4	10.5%
Spain	3.3	4.1	6.6	4.9	14.1%
Germany	5.1	5.3	6.8	4.1	-7.0%
France	1.6	1.7	2.8	1.5	-2.1%
India	1.0	0.5	1.1	1.0	0.0%
China	1.0	0.9	1.4	1.0	0.0%
Argentina	0.6	0.3	0.3	0.8	10.1%
Others	0.3	0.3	0.5	0.3	0.0%
Total	16.9	16.6	23.9	19.1	4.2%

Top Suppliers of Synthetic Organic Tanning Substances to Brazil in 2022:

Italy (2.9K tons)
Spain (2.7K tons)
Germany (2.1K tons)
France (0.8K tons)
India (0.5K tons)
China (0.5K tons)
Argentina (0.4K tons)

Exports of Synthetic Organic Tanning Substances in Brazil

In 2022, the amount of synthetic organic tanning substances exported from Brazil reduced to 4K tons, falling by -13.4% on the previous year's figure. Over the period under review, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 4.7K tons, and then contracted in the following year.

In value terms, synthetic organic tanning substances exports contracted to $5.6M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 42%. As a result, the exports attained the peak of $5.6M, leveling off in the following year.

Export of Synthetic Organic Tanning Substances in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	1,337	1,215	1,140	1,090	-6.6%
Mexico	404	203	561	745	22.6%
Vietnam	696	482	1,046	569	-6.5%
Hong Kong SAR	322	313	458	430	10.1%
United States	604	467	525	317	-19.3%
Pakistan	52.4	49.9	87.9	310	80.9%
Peru	129	96.9	116	268	27.6%
Uruguay	91.3	40.7	85.2	266	42.8%
Paraguay	126	128	204	238	23.6%
Bolivia	187	95.6	143	220	5.6%
China	575	359	449	215	-28.0%
South Africa	84.4	72.3	108	179	28.5%
Colombia	109	90.5	87.8	126	4.9%
Others	474	323	594	614	9.0%
Total	5,190	3,935	5,606	5,588	2.5%

Top Export Markets for Synthetic Organic Tanning Substances from Brazil in 2022:

Argentina (821.6 tons)
Vietnam (462.9 tons)
Mexico (457.4 tons)
Pakistan (324.3 tons)
Hong Kong SAR (268.1 tons)
Uruguay (248.6 tons)
China (224.7 tons)
United States (179.2 tons)
Peru (172.3 tons)
Paraguay (156.1 tons)
South Africa (121.2 tons)
Bolivia (119.7 tons)
Colombia (91.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for synthetic organic tanning substances in Brazil. 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 20122330 - Synthetic organic tanning substances

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023