China - 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 China - 2023
Contents:
- Vegetable Tanning Extracts Price in China (CIF) - 2023
- Vegetable Tanning Extracts Price in China (FOB) - 2022
- Vegetable Tanning Extracts Imports in China
- Vegetable Tanning Extracts Exports in China
Vegetable Tanning Extracts Price in China (CIF) - 2023
In September 2023, the average vegetable tanning extracts import price amounted to $1,901 per ton, growing by 2.7% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 10% against the previous month. Over the period under review, average import prices hit record highs at $2,071 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,031 per ton), while the price for India ($1,372 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 (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Tanning Extracts Price in China (FOB) - 2022
In 2022, the average vegetable tanning extracts export price amounted to $4,109 per ton, with a decrease of -21.6% against the previous year. Over the period under review, the export price, however, saw pronounced growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 96% against the previous year. The export price peaked at $7,040 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($12,729 per ton), while the average price for exports to Vietnam ($1,363 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 Cuba (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Tanning Extracts Imports in China
In 2022, purchases abroad of tanning extracts of vegetable origin, tannins and their salts other derivatives decreased by -23.9% to 19K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of 25K tons, and then shrank dramatically in the following year.
In value terms, vegetable tanning extracts imports shrank remarkably to $35M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of $45M, and then reduced dramatically in the following year.
Import of Vegetable Tanning Extracts in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 8.6 | 8.2 | 10.2 | 10.6 | 7.2% |
Argentina | 6.5 | 5.6 | 9.5 | 9.1 | 11.9% |
Brazil | 5.6 | 11.1 | 11.4 | 6.2 | 3.5% |
Italy | 2.9 | 4.8 | 8.0 | 3.8 | 9.4% |
India | 1.7 | 1.2 | 1.8 | 2.0 | 5.6% |
France | 1.5 | 1.1 | 1.6 | 0.9 | -15.7% |
Others | 2.2 | 2.2 | 2.6 | 1.9 | -4.8% |
Total | 29.1 | 34.2 | 45.0 | 34.5 | 5.8% |
Top Suppliers of Vegetable Tanning Extracts to China in 2022:
- South Africa (6.6K tons)
- Argentina (4.9K tons)
- Brazil (3.2K tons)
- Italy (1.7K tons)
- India (1.7K tons)
- France (0.3K tons)
Vegetable Tanning Extracts Exports in China
In 2022, vegetable tanning extracts exports from China totaled 554 tons, with an increase of 2.1% on the year before. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 167% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, vegetable tanning extracts exports reduced markedly to $2.3M in 2022. Overall, exports posted a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 99% against the previous year. As a result, the exports attained the peak of $2.8M, and then fell significantly in the following year.
Export of Vegetable Tanning Extracts in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 525 | 597 | 114 | 568 | 2.7% |
Vietnam | 76.2 | 151 | 392 | 305 | 58.8% |
Indonesia | 2.2 | 34.3 | 47.9 | 220 | 364.2% |
South Korea | 83.4 | 81.5 | 83.2 | 183 | 29.9% |
Bangladesh | 4.9 | N/A | 53.3 | 90.9 | 164.7% |
India | 37.1 | 42.1 | 69.6 | 85.9 | 32.3% |
Thailand | 17.5 | 23.2 | 104 | 75.1 | 62.5% |
United States | 66.6 | 25.3 | 1,220 | 70.5 | 1.9% |
Hong Kong SAR | 279 | N/A | N/A | N/A | 0% |
Italy | 79.0 | 3.8 | 50.4 | N/A | -20.1% |
Others | 390 | 470 | 713 | 678 | 20.2% |
Total | 1,562 | 1,429 | 2,847 | 2,277 | 13.4% |
Top Export Markets for Vegetable Tanning Extracts from China in 2022:
- Vietnam (223.7 tons)
- Indonesia (64.6 tons)
- Bangladesh (51.2 tons)
- Japan (44.7 tons)
- India (36.6 tons)
- South Korea (31.2 tons)
- Thailand (25.8 tons)
- United States (6.9 tons)
This report provides an in-depth analysis of the vegetable tanning extracts market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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The import value of Vegetable Tanning Extracts significantly decreased to $2.9M in June 2023.
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...
The import value of Vegetable Tanning Extracts significantly decreased to $2.9M in June 2023.
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...