Vegetable Tanning Extracts Market

Vegetable tanning extracts market: discover the most recent datasets empowered by an Ai-driven market intelligence tool. Datasets include production, imports, market prices, companies, trade, consumption, market size, and exports. Here is a breakdown by region, including the Middle East, EU, the U.S., Africa, the U.K., China, Latin America, and Russia. Market trends and outlook to 2030 are also provided in the snapshots.


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Vegetable Tanning Extracts - World's Largest Markets

RatingCountry
1China
2United States
3India
4Germany
5Argentina

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +1.9%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+5.6% per year) and India (-10.3% per year).

Vegetable Tanning Extracts Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
India1034115812258.8%
South Africa142413281396-1.0%
Brazil172217021636-2.5%
Argentina1766183918502.4%
Indonesia306723842030-18.6%
United States1979191423017.8%
Slovenia258625462392-3.8%
Germany34834101469516.1%
Italy4137414549139.0%
France741474386150-8.9%
Average2143210722462.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was France ($6,150 per ton), while India ($1,225 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Japan22672427372528.2%
United States3094323931571.0%
Germany2677278328773.7%
Spain298330052865-2.0%
Italy2432259228127.5%
France250323702410-1.9%
Mexico2034208622835.9%
India247221711982-10.5%
Brazil223621801952-6.6%
China176116941722-1.1%
Bangladesh164015841593-1.4%
Turkey149814411429-2.3%
Pakistan142014011054-13.8%
Average229122102224-1.5%

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($3,725 per ton), while Pakistan ($1,054 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Vegetable Tanning Extracts - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
India947557-21.9%
China3229343.6%
Italy514431-22.1%
Mexico221919-7.6%
United States211918-7.6%

In value terms, the largest vegetable tanning extracts importing markets worldwide were India ($57M), China ($34M) and Italy ($31M), together comprising 41% of global imports. Mexico, the United States, Japan, France, Germany, Spain, Turkey, Pakistan, Brazil and Bangladesh lagged somewhat behind, together comprising a further 34%.

Japan (+71.2% per year) recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Vegetable Tanning Extracts - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Brazil504743-7.6%
Indonesia554437-18.4%
South Africa534628-27.5%
Italy322826-9.9%
France1922214.0%

In value terms, the largest vegetable tanning extracts supplying countries worldwide were Brazil ($43M), Indonesia ($37M) and South Africa ($28M), together accounting for 45% of global exports. Italy, France, Argentina, Slovenia, Germany, the United States and India lagged somewhat behind, together accounting for a further 39%.

Germany saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Vegetable Tanning Extracts - Market Forecast

Driven by increasing demand for vegetable tanning extracts worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Vegetable Tanning Extracts - Product Coverage

  • HS 320110 - Tanning extracts of vegetable origin; quebracho extract
  • HS 320120 - Tanning extracts of vegetable origin; wattle extract
  • HS 320190 - Tanning extracts of vegetable origin; tannins and their salts, ethers, esters and other derivatives, n.e.s. in heading no. 3201
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World - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global vegetable tanning extracts market.

South-Eastern Asia - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in South-Eastern Asia.

Australia and Oceania - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in Australia and Oceania.

Latin America and the Caribbean - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in Latin America and the Caribbean.

Eastern Asia - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in Eastern Asia.

Southern Asia - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in Southern Asia.

Africa - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in Africa.

Central Asia - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in Central Asia.

Northern America - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in Northern America.

Middle East - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vegetable tanning extracts market in the Middle East.

Geography