Inorganic tanning substances market

Inorganic tanning substances market: read new info empowered by an Ai-driven market intelligence platform. Info contain trade, exports, market size, imports, market prices, production, consumption, and companies. Here is a breakdown by region, including Africa, China, the Middle East, the U.K., Latin America, Russia, the U.S., and EU. Market trends and outlook to 2030 are also featured in the reports.

Inorganic Tanning Substances - World's Largest Markets

In value terms, Turkey led the market, alone. The second position in the ranking was occupied by China. It was followed by South Africa.

From 2018 to 2020, the average annual growth rate of value in Turkey amounted to +52.2%. In the other countries, the average annual rates were as follows: China (+6.0% per year) and South Africa (+47.3% per year).

Inorganic Tanning Substances, Tanning Preparations, Enzymatic Preparations For Pre-Tanning Prices

Inorganic Tanning Substances, Tanning Preparations, Enzymatic Preparations for Pre-Tanning - Top Importers

In value terms, China ($43M) constitutes the largest market for imported inorganic tanning substances, tanning preparations, enzymatic preparations for pre-tanning worldwide, comprising 19% of global imports. The second position in the ranking was occupied by Brazil ($13M), with a 5.4% share of global imports. It was followed by Thailand, with a 5.3% share.

In China, imports of inorganic tanning substances, tanning preparations, enzymatic preparations for pre-tanning plunged by an average annual rate of -1.2% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (-23.3% per year) and Thailand (-10.7% per year).

Inorganic Tanning Substances, Tanning Preparations, Enzymatic Preparations for Pre-Tanning - Top Exporters

In value terms, the largest inorganic tanning substances, tanning preparations, enzymatic preparations for pre-tanning supplying countries worldwide were Italy ($42M), Germany ($38M) and South Africa ($26M), together accounting for 51% of global exports. France, India, China, Spain, Singapore, Uruguay and Brazil lagged somewhat behind, together accounting for a further 33%.

In terms of the main exporting countries, India recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Inorganic Tanning Substances, Tanning Preparations, Enzymatic Preparations for Pre-Tanning - Market Forecast

Driven by rising demand for inorganic tanning substances, tanning preparations, enzymatic preparations for pre-tanning worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.

Inorganic Tanning Substances - Product Coverage

• HS 320290 - Tanning substances; inorganic tanning substances; tanning preparations, whether or not containing natural tanning substances; enzymatic preparations for pre- tanning