South Africa - 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 South Africa - 2023
Contents:
- Vegetable Tanning Extracts Price in South Africa (FOB) - 2023
- Vegetable Tanning Extracts Price in South Africa (CIF) - 2023
- Vegetable Tanning Extracts Exports in South Africa
- Vegetable Tanning Extracts Imports in South Africa
Vegetable Tanning Extracts Price in South Africa (FOB) - 2023
In September 2023, the average vegetable tanning extracts export price amounted to $1,945 per ton, with an increase of 16% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was China ($2,649 per ton), while the average price for exports to the Philippines ($1,271 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 China (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Tanning Extracts Price in South Africa (CIF) - 2023
In September 2023, the average vegetable tanning extracts import price amounted to $2,251 per ton, reducing by -69% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 232% month-to-month. As a result, import price attained the peak level of $10,575 per ton. From February 2023 to September 2023, the average import prices remained 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 India ($3,266 per ton), while the price for Argentina stood at $2,159 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Tanning Extracts Exports in South Africa
Vegetable tanning extracts exports from South Africa dropped to 40K tons in 2022, shrinking by -6.7% on the previous year. In general, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 119%. As a result, the exports attained the peak of 43K tons, and then fell in the following year.
In value terms, vegetable tanning extracts exports shrank slightly to $58M in 2022. Overall, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 116%. As a result, the exports reached the peak of $60M, and then contracted in the following year.
| Export of Vegetable Tanning Extracts in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.5 | 3.3 | 6.6 | 8.7 | 5.1% |
| China | 7.2 | 6.7 | 11.2 | 8.4 | 5.3% |
| Turkey | 4.8 | 0.7 | 6.9 | 5.7 | 5.9% |
| Italy | 2.6 | 1.1 | 4.3 | 5.3 | 26.8% |
| Brazil | N/A | 1.1 | 4.3 | 4.4 | 100.0% |
| Bangladesh | 2.3 | 2.3 | 3.3 | 3.0 | 9.3% |
| Mexico | 3.3 | 1.5 | 3.4 | 2.5 | -8.8% |
| United States | 1.3 | 1.4 | 2.1 | 1.9 | 13.5% |
| Pakistan | 0.6 | 0.4 | 1.8 | 1.7 | 41.5% |
| Vietnam | 1.1 | 1.3 | 1.6 | 1.6 | 13.3% |
| Spain | 0.9 | 0.9 | 1.9 | 1.5 | 18.6% |
| Japan | 1.4 | 1.0 | 1.3 | 1.2 | -5.0% |
| Philippines | 1.3 | 0.5 | 1.6 | 1.1 | -5.4% |
| Others | 9.8 | 5.8 | 9.9 | 11.1 | 4.2% |
| Total | 44.1 | 27.9 | 60.2 | 58.0 | 9.6% |
Top Export Markets for Vegetable Tanning Extracts from South Africa in 2022:
- India (5.9K tons)
- China (5.5K tons)
- Turkey (4.7K tons)
- Italy (3.4K tons)
- Brazil (2.6K tons)
- Bangladesh (1.9K tons)
- Mexico (1.5K tons)
- United States (1.5K tons)
- Spain (1.5K tons)
- Pakistan (1.1K tons)
- Vietnam (1.0K tons)
- Japan (1.0K tons)
- Philippines (1.0K tons)
Vegetable Tanning Extracts Imports in South Africa
In 2022, the amount of tanning extracts of vegetable origin, tannins and their salts other derivatives imported into South Africa declined to 622 tons, which is down by -13.3% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year.
In value terms, vegetable tanning extracts imports plummeted to $1.6M in 2022. In general, imports showed a perceptible curtailment. The growth pace was the most rapid in 2021 when imports increased by 24%. As a result, imports reached the peak of $2M, and then shrank remarkably in the following year.
| Import of Vegetable Tanning Extracts in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 931 | 804 | 734 | 910 | -0.8% |
| Italy | 298 | 446 | 529 | 301 | 0.3% |
| Peru | 205 | 92.0 | 163 | 74.9 | -28.5% |
| Brazil | 1.0 | 30.5 | 29.9 | 36.1 | 230.5% |
| Antigua and Barbuda | N/A | N/A | N/A | 29.8 | 0% |
| Swaziland | N/A | N/A | N/A | 0.3 | 0% |
| Zimbabwe | N/A | N/A | 81.5 | N/A | 0% |
| Others | 287 | 228 | 452 | 247 | -4.9% |
| Total | 1,722 | 1,601 | 1,990 | 1,599 | -2.4% |
Top Suppliers of Vegetable Tanning Extracts to South Africa in 2022:
- Argentina (473.2 tons)
- Peru (40.1 tons)
- Swaziland (32.0 tons)
- Italy (22.4 tons)
- Antigua and Barbuda (19.8 tons)
- Brazil (11.2 tons)
This report provides an in-depth analysis of the vegetable tanning extracts market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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Exports of Vegetable Tanning Extracts peaked at 43K tons in 2013 but remained at a lower figure from 2014 to 2023. In value terms, exports rose significantly to $63M in 2023.
110
The most significant increase in growth was seen in November 2023 with a 30% month-over-month rise. In terms of value, exports of Vegetable Tanning Extracts notably decreased to $3.9M in December 2023.
238
In April 2023, the vegetable tanning extracts price amounted to $1,894 per ton (FOB, South Africa), growing by 11% against the previous month.
1318
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...
1233
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...
82
Exports of Vegetable Tanning Extracts peaked at 43K tons in 2013 but remained at a lower figure from 2014 to 2023. In value terms, exports rose significantly to $63M in 2023.
110
The most significant increase in growth was seen in November 2023 with a 30% month-over-month rise. In terms of value, exports of Vegetable Tanning Extracts notably decreased to $3.9M in December 2023.
238
In April 2023, the vegetable tanning extracts price amounted to $1,894 per ton (FOB, South Africa), growing by 11% against the previous month.
1318
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...
1233
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...
