Brazil: Vegetable Tanning Extracts Market 2025

Vegetable Tanning Extracts Market Size in Brazil

In 2022, the Brazilian vegetable tanning extracts market increased by 42% to $X, rising for the second year in a row after eight years of decline. Over the period under review, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Vegetable Tanning Extracts Production in Brazil

In value terms, vegetable tanning extracts production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 6.1% against the previous year. Vegetable tanning extracts production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Vegetable Tanning Extracts Exports

Exports from Brazil

For the sixth consecutive year, Brazil recorded decline in shipments abroad of tanning extracts of vegetable origin, tannins and their salts other derivatives, which decreased by -31.3% to X tons in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of 18%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, vegetable tanning extracts exports dropped notably to $X in 2022. In general, exports showed a perceptible setback. The pace of growth was the most pronounced in 2016 with an increase of 12%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Mexico (X tons) and China (X tons) were the main destinations of vegetable tanning extracts exports from Brazil, with a combined 53% share of total exports. Italy, the UK, Germany, Japan, the United States, Colombia, Vietnam, Egypt, South Korea and Spain lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +6.6%), while the other leaders experienced a decline.

In value terms, the largest markets for vegetable tanning extracts exported from Brazil were Mexico ($X), India ($X) and China ($X), with a combined 45% share of total exports. Italy, the United States, the UK, Germany, Japan, Colombia, Egypt, Vietnam, South Korea and Spain lagged somewhat behind, together accounting for a further 40%.

The United States, with a CAGR of +8.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vegetable tanning extracts export price stood at $X per ton in 2022, rising by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Tanning Extracts Imports

Imports into Brazil

In 2022, approx. X tons of tanning extracts of vegetable origin, tannins and their salts other derivatives were imported into Brazil; with a decrease of -6.3% compared with the previous year's figure. Overall, imports showed a deep setback. The pace of growth was the most pronounced in 2014 when imports increased by 50%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, vegetable tanning extracts imports fell modestly to $X in 2022. In general, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 62%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Peru (X tons) constituted the largest supplier of vegetable tanning extracts to Brazil, accounting for a 56% share of total imports. Moreover, vegetable tanning extracts imports from Peru exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold. South Africa (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Peru stood at -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-13.1% per year) and South Africa (0.0% per year).

In value terms, Peru ($X), Belgium ($X) and Argentina ($X) constituted the largest vegetable tanning extracts suppliers to Brazil, with a combined 80% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +40.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vegetable tanning extracts import price amounted to $X per ton, increasing by 1.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :