Tanzania: Vegetable Tanning Extracts Market 2024

Vegetable Tanning Extracts Market Size in Tanzania

For the sixth consecutive year, the Tanzanian vegetable tanning extracts market recorded decline in sales value, which decreased by -21.2% to $X in 2022. Overall, consumption saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the market value increased by 6.9%. Vegetable tanning extracts consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Vegetable Tanning Extracts Production in Tanzania

In value terms, vegetable tanning extracts production dropped to $X in 2022 estimated in export price. In general, production recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Vegetable tanning extracts production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Vegetable Tanning Extracts Exports

Exports from Tanzania

In 2022, approx. X tons of tanning extracts of vegetable origin, tannins and their salts other derivatives were exported from Tanzania; surging by 4.7% on the year before. In general, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 92%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, vegetable tanning extracts exports skyrocketed to $X in 2022. Over the period under review, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for vegetable tanning extracts exports from Tanzania, accounting for a 72% share of total exports. Moreover, vegetable tanning extracts exports to India exceeded the volume sent to the second major destination, Italy (X tons), fourfold. The third position in this ranking was taken by Egypt (X tons), with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+11.3% per year) and Egypt (-3.0% per year).

In value terms, India ($X) remains the key foreign market for tanning extracts of vegetable origin, tannins and their salts other derivatives exports from Tanzania, comprising 70% of total exports. The second position in the ranking was taken by Italy ($X), with a 17% share of total exports. It was followed by the United States, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value to India amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+13.4% per year) and the United States (-3.8% per year).

Export Prices by Country

In 2022, the average vegetable tanning extracts export price amounted to $X per ton, picking up by 10% against the previous year. In general, the export price, however, showed a slight curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 16%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Egypt ($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 Pakistan (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Tanning Extracts Imports

Imports into Tanzania

In 2022, approx. X kg of tanning extracts of vegetable origin, tannins and their salts other derivatives were imported into Tanzania; which is down by -82.1% compared with the year before. Overall, imports saw a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of 377%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, vegetable tanning extracts imports shrank significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 653%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X kg) was the main vegetable tanning extracts supplier to Tanzania, with a 94% share of total imports. Moreover, vegetable tanning extracts imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +45.8%.

In value terms, Germany ($X) constituted the largest supplier of tanning extracts of vegetable origin, tannins and their salts other derivatives to Tanzania, comprising 91% of total imports. The second position in the ranking was held by Italy ($X), with a 9.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +33.4%.

Import Prices by Country

In 2022, the average vegetable tanning extracts import price amounted to $X per ton, reducing by -6.2% against the previous year. Overall, the import price, however, saw a buoyant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 103%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 Italy ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform