Eastern Europe: Vegetable Tanning Extracts Market 2025

Vegetable Tanning Extracts Market Size in Eastern Europe

In 2022, the East European vegetable tanning extracts market increased by 12% to $X, rising for the second year in a row after eight years of decline. In general, consumption, however, showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Vegetable Tanning Extracts Production in Eastern Europe

In value terms, vegetable tanning extracts production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 when the production volume increased by 2.5%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Vegetable Tanning Extracts Exports

Exports in Eastern Europe

Vegetable tanning extracts exports dropped notably to X tons in 2022, with a decrease of -52.4% compared with 2021. Over the period under review, exports saw a perceptible descent. The pace of growth was the most pronounced in 2019 with an increase of 102% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vegetable tanning extracts exports contracted rapidly to $X in 2022. In general, exports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2019 when exports increased by 76%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia was the largest exporting country with an export of about X tons, which amounted to 41% of total exports. Poland (X tons) took a 21% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (12%), Estonia (8.5%), Lithuania (8.4%) and Bulgaria (6.1%). Ukraine (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Ukraine (with a CAGR of +54.3%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Lithuania ($X) constituted the countries with the highest levels of exports in 2022, with a combined 69% share of total exports. Bulgaria, Estonia, Belarus and Ukraine lagged somewhat behind, together accounting for a further 19%.

In terms of the main exporting countries, Ukraine, with a CAGR of +39.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, jumping by 20% against the previous year. Over the period under review, the export price continues to indicate strong growth. The growth pace was the most rapid in 2020 an increase of 87%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+13.7%), while the other leaders experienced more modest paces of growth.

Vegetable Tanning Extracts Imports

Imports in Eastern Europe

In 2022, purchases abroad of tanning extracts of vegetable origin, tannins and their salts other derivatives increased by 13% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 29%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, vegetable tanning extracts imports surged to $X in 2022. The total import value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 35%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Russia (X tons) and Poland (X tons) prevails in imports structure, together generating 79% of total imports. It was distantly followed by Romania (X tons), making up a 5.7% share of total imports. The following importers - Slovakia (X tons), Ukraine (X tons) and Belarus (X tons) - each finished at a 12% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Slovakia ($X) constituted the countries with the highest levels of imports in 2022, with a combined 72% share of total imports.

In terms of the main importing countries, Slovakia, with a CAGR of +22.8%, saw 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 import price in Eastern Europe amounted to $X per ton, with an increase of 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2015 an increase of 15% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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