Report Update Nov 1, 2024

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

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Belgium: Market for Synthetic Organic Tanning Substances 2024

Market Size for Synthetic Organic Tanning Substances in Belgium

In 2021, the Belgian synthetic organic tanning substances market increased by 1,198% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption saw a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Synthetic Organic Tanning Substances

Exports from Belgium

In 2021, overseas shipments of synthetic organic tanning substances decreased by -89% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports saw a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 942%. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, synthetic organic tanning substances exports declined markedly to $X in 2021. Over the period under review, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 485% against the previous year. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

Turkey (X tons) was the main destination for synthetic organic tanning substances exports from Belgium, accounting for a approx. 97% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey stood at +450.7%.

In value terms, Turkey ($X) emerged as the key foreign market for synthetic organic tanning substances exports from Belgium.

From 2012 to 2021, the average annual growth rate of value to Turkey stood at +246.8%.

Export Prices by Country

The average synthetic organic tanning substances export price stood at $X per ton in 2021, rising by 86% against the previous year. In general, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2013 an increase of 150% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +10.2% per year.

Imports of Synthetic Organic Tanning Substances

Imports into Belgium

For the fourth consecutive year, Belgium recorded growth in purchases abroad of synthetic organic tanning substances, which increased by 63% to X tons in 2021. Over the period under review, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, synthetic organic tanning substances imports soared to $X in 2021. Overall, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of synthetic organic tanning substances imports to Belgium, with a combined 94% share of total imports. These countries were followed by France and the Netherlands, which together accounted for a further 6.1%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +6.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of synthetic organic tanning substances to Belgium, comprising 71% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports. It was followed by Germany, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.0% per year) and Germany (+7.4% per year).

Import Prices by Country

In 2021, the average synthetic organic tanning substances import price amounted to $X per ton, rising by 116% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for France ($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 (+5.6%), 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 comprising 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 Belgium?

In value terms, Austria constituted the largest supplier of synthetic organic tanning substances to Belgium, comprising 72% of total imports. The second position in the ranking was occupied by Italy, with an 18% share of total imports. It was followed by Germany, with a 6.7% share.

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

The average synthetic organic tanning substances export price stood at $3,303 per ton in 2021, increasing by 185% against the previous year.

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

The average synthetic organic tanning substances import price stood at $2,336 per ton in 2021, jumping by 92% against the previous year.

This report provides an in-depth analysis of the market for synthetic organic tanning substances in Belgium. 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:

Belgium

Data coverage:

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