Report New Zealand - Tanning Extracts of Vegetable Origin, Tannins and Their Salts Other Derivatives - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

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

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New Zealand: Vegetable Tanning Extracts Market 2024

Vegetable Tanning Extracts Market Size in New Zealand

The New Zealand vegetable tanning extracts market surged to $X in 2022, jumping by 18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a strong increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Vegetable Tanning Extracts Exports

Exports from New Zealand

In 2022, after two years of growth, there was significant decline in shipments abroad of tanning extracts of vegetable origin, tannins and their salts other derivatives, when their volume decreased by -83.9% to X kg. Overall, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 1,349% against the previous year. The exports peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, vegetable tanning extracts exports shrank notably to $X in 2022. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 1,335%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell sharply in the following year.

Exports by Country

Australia (X kg) was the main destination for vegetable tanning extracts exports from New Zealand, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia amounted to -14.8%.

In value terms, Australia ($X) also remains the key foreign market for tanning extracts of vegetable origin, tannins and their salts other derivatives exports from New Zealand.

From 2012 to 2022, the average annual growth rate of value to Australia totaled -9.7%.

Export Prices by Country

In 2022, the average vegetable tanning extracts export price amounted to $X per ton, with a decrease of -4.2% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable tanning extracts export price decreased by -11.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 45% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +6.1% per year.

Vegetable Tanning Extracts Imports

Imports into New Zealand

In 2022, approx. X tons of tanning extracts of vegetable origin, tannins and their salts other derivatives were imported into New Zealand; growing by 18% compared with 2021. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of 80%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, vegetable tanning extracts imports surged to $X in 2022. Over the period under review, imports recorded a moderate increase. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of vegetable tanning extracts to New Zealand, accounting for a 52% share of total imports. Moreover, vegetable tanning extracts imports from South Africa exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa amounted to +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-0.8% per year) and Italy (+5.3% per year).

In value terms, the largest vegetable tanning extracts suppliers to New Zealand were South Africa ($X), Italy ($X) and Brazil ($X), with a combined 69% share of total imports.

In terms of the main suppliers, South Africa, with a CAGR of +25.1%, 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

The average vegetable tanning extracts import price stood at $X per ton in 2022, which is down by -2.2% against the previous year. Overall, the import price continues to indicate a slight descent. The pace of growth appeared the most rapid in 2016 an increase of 38%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tanning extracts of vegetable origin, tannins and their salts other derivatives in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 44% share of global consumption. These countries were followed by Italy, Japan, Germany, Indonesia, Brazil, Argentina, the UK, Turkey, South Africa and Mexico, which together accounted for a further 31%.

What are the largest producers of tanning extracts of vegetable origin, tannins and their salts other derivatives in the world?

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 accounting for a further 41%.

What are the leading suppliers of tanning extracts of vegetable origin, tannins and their salts other derivatives to New Zealand?

In value terms, South Africa constituted the largest supplier of vegetable tanning extracts to New Zealand, comprising 40% of total imports. The second position in the ranking was occupied by Argentina, with a 13% share of total imports. It was followed by France, with a 13% share.

What are the leading importers of tanning extracts of vegetable origin, tannins and their salts other derivatives from New Zealand?

In value terms, Australia remains the key foreign market for vegetable tanning extracts exports from New Zealand, comprising 94% of total exports. The second position in the ranking was occupied by Fiji $820), with a 5.9% share of total exports.

What is the average export price for tanning extracts of vegetable origin, tannins and their salts other derivatives in New Zealand?

The average vegetable tanning extracts export price stood at $284 per ton in 2021, dropping by -6.1% against the previous year.

What is the average import price for tanning extracts of vegetable origin, tannins and their salts other derivatives in New Zealand?

The average vegetable tanning extracts import price stood at $3,020 per ton in 2021, picking up by 4.1% against the previous year.

This report provides an in-depth analysis of the vegetable tanning extracts market in New Zealand. 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:

New Zealand

Data coverage:

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

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023