Report Ecuador - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Ecuador - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Vegetable Tanning Extracts Market 2025

Vegetable Tanning Extracts Market Size in Ecuador

In 2022, after two years of decline, there was significant growth in the Ecuadorian vegetable tanning extracts market, when its value increased by 93% to $X. In general, consumption, however, showed a pronounced downturn. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Vegetable Tanning Extracts Exports

Exports from Ecuador

Vegetable tanning extracts exports from Ecuador rose remarkably to X tons in 2022, increasing by 14% on 2021. In general, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 159% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, vegetable tanning extracts exports rose notably to $X in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 794% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X tons) was the main destination for vegetable tanning extracts exports from Ecuador, accounting for a 99% share of total exports. It was followed by Spain (X kg), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Colombia amounted to +39.5%.

In value terms, Colombia ($X) remains the key foreign market for tanning extracts of vegetable origin, tannins and their salts other derivatives exports from Ecuador, comprising 91% of total exports. The second position in the ranking was held by Spain ($X), with a 0.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Colombia stood at +51.2%.

Export Prices by Country

In 2022, the average vegetable tanning extracts export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 245%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Colombia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+52.6%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Tanning Extracts Imports

Imports into Ecuador

After two years of decline, supplies from abroad of tanning extracts of vegetable origin, tannins and their salts other derivatives increased by 132% to X tons in 2022. In general, imports, however, recorded a noticeable descent. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, vegetable tanning extracts imports soared to $X in 2022. Over the period under review, imports, however, showed a slight reduction. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) constituted the largest vegetable tanning extracts supplier to Ecuador, with a 52% share of total imports. Moreover, vegetable tanning extracts imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-10.8% per year) and the United States (+3.5% per year).

In value terms, Brazil ($X), the United States ($X) and Argentina ($X) appeared to be the largest vegetable tanning extracts suppliers to Ecuador, together comprising 80% of total imports. Peru, Colombia and Portugal lagged somewhat behind, together comprising a further 8.3%.

In terms of the main suppliers, Peru, with a CAGR of +31.1%, saw the highest growth rate of 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

The average vegetable tanning extracts import price stood at $X per ton in 2022, shrinking by -22.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2018 when the average import price increased by 17%. The import price peaked at $X per ton in 2021, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 44% of global consumption. Italy, Japan, Germany, Indonesia, Brazil, Argentina, the UK, Turkey, South Africa and Mexico lagged somewhat behind, together comprising a further 31%.
The countries with the highest volumes of in 2021 were China, the United States and Brazil, together accounting for 40% of global production. Argentina, South Africa, Indonesia, Japan, Italy, Germany, the UK, India and Slovenia lagged somewhat behind, together comprising a further 41%.
In value terms, Brazil, Argentina and Peru were the largest vegetable tanning extracts suppliers to Ecuador, together comprising 81% of total imports. Chile and Portugal lagged somewhat behind, together comprising a further 9.7%.
In value terms, Colombia remains the key foreign market for vegetable tanning extracts exports from Ecuador.
The average vegetable tanning extracts export price stood at $7,852 per ton in 2021, growing by 7.6% against the previous year.
The average vegetable tanning extracts import price stood at $2,708 per ton in 2021, jumping by 18% against the previous year.

This report provides an in-depth analysis of the vegetable tanning extracts market in Ecuador. 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 20122250 - Tanning extracts of vegetable origin, tannins and their salts, e thers, esters and other derivatives

Country coverage:

  • Ecuador

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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