Denmark: Vegetable Tanning Extracts Market 2025

Vegetable Tanning Extracts Market Size in Denmark

In 2022, the Danish vegetable tanning extracts market increased by 18% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a perceptible decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Vegetable Tanning Extracts Production in Denmark

In value terms, vegetable tanning extracts production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded significant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Vegetable Tanning Extracts Exports

Exports from Denmark

In 2022, overseas shipments of tanning extracts of vegetable origin, tannins and their salts other derivatives decreased by -94.2% to X kg, falling for the third consecutive year after two years of growth. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 528% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, vegetable tanning extracts exports reduced sharply to $X in 2022. In general, exports continue to indicate a slight downturn. The growth pace was the most rapid in 2019 with an increase of 1,230% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Norway (X kg), France (X kg) and Spain (X kg) were the main destinations of vegetable tanning extracts exports from Denmark, together comprising 98% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +69.9%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for tanning extracts of vegetable origin, tannins and their salts other derivatives exports from Denmark, comprising 75% of total exports. The second position in the ranking was taken by Norway ($X), with a 12% share of total exports. It was followed by Faroe Islands, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +162.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+35.2% per year) and Faroe Islands (-7.4% per year).

Export Prices by Country

In 2022, the average vegetable tanning extracts export price amounted to $X per ton, jumping by 1,300% against the previous year. Over the period under review, the export price posted prominent growth. As a result, the export price attained 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 Faroe Islands ($X per ton), while the average price for exports to Spain ($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 Faroe Islands (+61.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Tanning Extracts Imports

Imports into Denmark

In 2022, purchases abroad of tanning extracts of vegetable origin, tannins and their salts other derivatives increased by 14% to X tons, rising for the sixth year in a row after three years of decline. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 150% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, vegetable tanning extracts imports expanded sharply to $X in 2022. Over the period under review, imports saw a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of 180%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Slovenia (X tons) and Germany (X tons) were the main suppliers of vegetable tanning extracts imports to Denmark, together comprising 87% of total imports. Belgium, France and the UK lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +138.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable tanning extracts suppliers to Denmark were Germany ($X), Belgium ($X) and Italy ($X), together accounting for 73% of total imports. Slovenia, France and the UK lagged somewhat behind, together accounting for a further 26%.

In terms of the main suppliers, France, with a CAGR of +133.3%, 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, stabilizing at the previous year. Overall, the import price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2013 an increase of 40% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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