Germany: Market for Synthetic Organic Tanning Substances 2024

Market Size for Synthetic Organic Tanning Substances in Germany

In 2021, the German synthetic organic tanning substances market decreased by -48.5% to $X for the first time since 2014, thus ending a six-year rising trend. Overall, consumption, however, enjoyed a buoyant increase. Synthetic organic tanning substances consumption peaked at $X in 2020, and then contracted dramatically in the following year.

Production of Synthetic Organic Tanning Substances in Germany

In value terms, synthetic organic tanning substances production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt contraction. The pace of growth was the most pronounced in 2016 when the production volume increased by 20% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Exports of Synthetic Organic Tanning Substances

Exports from Germany

In 2021, overseas shipments of synthetic organic tanning substances were finally on the rise to reach X tons after four years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, synthetic organic tanning substances exports surged to $X in 2021. Over the period under review, exports, however, recorded a mild contraction. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons), Italy (X tons) and China (X tons) were the main destinations of synthetic organic tanning substances exports from Germany, with a combined 37% share of total exports. These countries were followed by Turkey, India, Mexico, Spain, Pakistan, Taiwan (Chinese), Thailand, the United States, Poland and South Africa, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +10.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Italy ($X) and China ($X) constituted the largest markets for synthetic organic tanning substances exported from Germany worldwide, with a combined 34% share of total exports. These countries were followed by Turkey, Mexico, India, Spain, Pakistan, the United States, Thailand, Poland, South Africa and Taiwan (Chinese), which together accounted for a further 40%.

Pakistan, with a CAGR of +11.9%, saw 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

In 2021, the average synthetic organic tanning substances export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Organic Tanning Substances

Imports into Germany

In 2021, supplies from abroad of synthetic organic tanning substances increased by 12% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, recorded a noticeable curtailment. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, synthetic organic tanning substances imports skyrocketed to $X in 2021. Overall, imports, however, saw a drastic downturn. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of synthetic organic tanning substances imports to Germany, together accounting for 84% of total imports. These countries were followed by France and China, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +16.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Spain ($X) and the Netherlands ($X) constituted the largest synthetic organic tanning substances suppliers to Germany, with a combined 80% share of total imports. France and China lagged somewhat behind, together comprising a further 19%.

Among the main suppliers, China, with a CAGR of +20.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average synthetic organic tanning substances import price stood at $X per ton in 2021, with an increase of 10% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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