Central Asia: Vegetable Tanning Extracts Market 2024

Vegetable Tanning Extracts Market Size in Central Asia

In 2022, the Central Asian vegetable tanning extracts market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a pronounced slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Vegetable Tanning Extracts Production in Central Asia

In value terms, vegetable tanning extracts production rose slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt downturn. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Vegetable Tanning Extracts Exports

Exports in Central Asia

In 2022, overseas shipments of tanning extracts of vegetable origin, tannins and their salts other derivatives increased by X% to X tons, rising for the seventh consecutive year after three years of decline. In general, exports enjoyed resilient growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, vegetable tanning extracts exports soared to $X in 2022. Overall, exports recorded a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Kazakhstan (X kg), committing an X% share of total exports.

Uzbekistan experienced a relatively flat trend pattern with regard to volume of exports of tanning extracts of vegetable origin, tannins and their salts other derivatives. Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Kazakhstan ($X) remains the largest vegetable tanning extracts supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a perceptible curtailment. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Vegetable Tanning Extracts Imports

Imports in Central Asia

In 2022, approx. X tons of tanning extracts of vegetable origin, tannins and their salts other derivatives were imported in Central Asia; declining by X% compared with 2021 figures. Overall, imports, however, posted noticeable growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank markedly in the following year.

In value terms, vegetable tanning extracts imports fell to $X in 2022. Over the period under review, imports, however, enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Uzbekistan was the main importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Kazakhstan (X tons), Mongolia (X tons) and Turkmenistan (X tons), together mixing up a X% share of total imports. Tajikistan (X tons) held a minor share of total imports.

Imports into Uzbekistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Mongolia (X%), Tajikistan (X%) and Turkmenistan (X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Mongolia, Turkmenistan and Tajikistan increased by X, X, X and X percentage points, respectively.

In value terms, the largest vegetable tanning extracts importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X), with a combined X% share of total imports.

Mongolia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform