Report Update Nov 1, 2024

Bangladesh - Synthetic Organic Tanning Substances - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Synthetic Organic Tanning Substances 2024

Market Size for Synthetic Organic Tanning Substances in Bangladesh

In 2021, the Bangladeshi synthetic organic tanning substances market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a pronounced decline. Synthetic organic tanning substances consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Exports of Synthetic Organic Tanning Substances

Exports from Bangladesh

In 2019, exports of synthetic organic tanning substances from Bangladesh stood at X kg, remaining constant against 2018 figures. Over the period under review, exports saw a sharp contraction. The smallest decline of 99.9% was in 2015. Over the period under review, the exports reached the maximum at X kg in 2014; however, from 2015 to 2019, the exports remained at a lower figure.

In value terms, synthetic organic tanning substances exports amounted to $X in 2019. Overall, exports faced a sharp shrinkage. The smallest decline of 99.9% was in 2015. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

India (X kg) was the main destination for synthetic organic tanning substances exports from Bangladesh, with a approx. 100% share of total exports.

From 2014 to 2019, the average annual growth rate of volume to India was relatively modest.

From 2014 to 2019, the average annual growth rate of value to India was relatively modest.

Export Prices by Country

In 2019, the average synthetic organic tanning substances export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2015 a decrease of 99.9%. Over the period under review, the average export prices hit record highs in 2019 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for India.

From 2014 to 2019, the rate of growth in terms of prices for India amounted to 0.0% per year.

Imports of Synthetic Organic Tanning Substances

Imports into Bangladesh

In 2021, purchases abroad of synthetic organic tanning substances was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a mild reduction. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, synthetic organic tanning substances imports soared to $X in 2021. In general, imports, however, showed a pronounced contraction. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), India (X tons) and the Netherlands (X tons) were the main suppliers of synthetic organic tanning substances imports to Bangladesh, with a combined 73% share of total imports. Spain, France, Singapore and Germany lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +7.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest synthetic organic tanning substances suppliers to Bangladesh were Italy ($X), India ($X) and the Netherlands ($X), together accounting for 69% of total imports. These countries were followed by Spain, Singapore, France and Germany, which together accounted for a further 21%.

Spain, with a CAGR of +6.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average synthetic organic tanning substances import price stood at $X per ton in 2021, falling by -1.9% against the previous year. In general, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 9.6%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Singapore ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic organic tanning substances in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, together accounting for 45% of global consumption.

What are the largest producers of synthetic organic tanning substances in the world?

The countries with the highest volumes of in 2021 were Russia, Italy and India, together accounting for 53% of global production. These countries were followed by Spain, Germany, the Netherlands and France, which together accounted for a further 39%.

What are the leading suppliers of synthetic organic tanning substances to Bangladesh?

In value terms, the largest synthetic organic tanning substances suppliers to Bangladesh were Italy, India and the Netherlands, together accounting for 67% of total imports. Singapore, Spain, France and Taiwan Chinese) lagged somewhat behind, together comprising a further 22%.

What is the average export price for synthetic organic tanning substances in Bangladesh?

In 2019, the average synthetic organic tanning substances export price amounted to $4,800 per ton, approximately mirroring the previous year.

What is the average import price for synthetic organic tanning substances in Bangladesh?

The average synthetic organic tanning substances import price stood at $1,553 per ton in 2021, remaining constant against the previous year.

This report provides an in-depth analysis of the market for synthetic organic tanning substances in Bangladesh. 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 20122330 - Synthetic organic tanning substances

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023