Report Update Nov 1, 2024

United Kingdom - Synthetic Organic Tanning Substances - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Market for Synthetic Organic Tanning Substances 2024

Market Size for Synthetic Organic Tanning Substances in the UK

The UK synthetic organic tanning substances market soared to $X in 2021, growing by 203% 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 saw a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Synthetic Organic Tanning Substances

Exports from the UK

In 2021, approx. X tons of synthetic organic tanning substances were exported from the UK; picking up by 1,238% on 2020 figures. Overall, exports posted buoyant growth. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, synthetic organic tanning substances exports surged to $X in 2021. In general, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons), Italy (X tons) and Ireland (X tons) were the main destinations of synthetic organic tanning substances exports from the UK, together accounting for 74% of total exports. Hong Kong SAR, Austria, South Africa, Switzerland and Ethiopia lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +224,188.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) emerged as the key foreign market for synthetic organic tanning substances exports from the UK, comprising 45% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with an 18% share of total exports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Ireland stood at +156.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+65.3% per year) and the Netherlands (+23.5% per year).

Export Prices by Country

The average synthetic organic tanning substances export price stood at $X per ton in 2021, waning by -38.5% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 225% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell markedly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Ireland ($X per ton), while the average price for exports to Italy ($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 Austria (+43.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Synthetic Organic Tanning Substances

Imports into the UK

After four years of decline, overseas purchases of synthetic organic tanning substances increased by 230% to X tons in 2021. In general, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, synthetic organic tanning substances imports soared to $X in 2021. Overall, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main suppliers of synthetic organic tanning substances imports to the UK, together comprising 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +44.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), France ($X) and Italy ($X) were the largest synthetic organic tanning substances suppliers to the UK, with a combined 97% share of total imports.

In terms of the main suppliers, France, with a CAGR of +40.4%, 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 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 5.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic organic tanning substances in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, with a combined 45% share of global consumption.

What are the largest producers of synthetic organic tanning substances in the world?

The countries with the highest volumes of in 2021 were Russia, Italy and India, together comprising 53% of global production. Spain, Germany, the Netherlands and France lagged somewhat behind, together accounting for a further 39%.

What are the leading suppliers of synthetic organic tanning substances to the UK?

In value terms, the largest synthetic organic tanning substances suppliers to the UK were Germany, France and Italy, with a combined 97% share of total imports.

What are the leading importers of synthetic organic tanning substances from the UK?

In value terms, the United States emerged as the key foreign market for synthetic organic tanning substances exports from the UK, comprising 74% of total exports. The second position in the ranking was occupied by Pakistan, with a 5.6% share of total exports. It was followed by Egypt, with a 5.1% share.

What is the average export price for synthetic organic tanning substances in the UK?

In 2021, the average synthetic organic tanning substances export price amounted to $1,135 per ton, reducing by -2.4% against the previous year.

What is the average import price for synthetic organic tanning substances in the UK?

In 2021, the average synthetic organic tanning substances import price amounted to $1,920 per ton, which is down by -8.9% against the previous year.

This report provides an in-depth analysis of the market for synthetic organic tanning substances in the UK. 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 20122330 - Synthetic organic tanning substances

Country coverage:

United Kingdom

Data coverage:

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