Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Uruguay: Market for Synthetic Organic Tanning Substances 2024

Market Size for Synthetic Organic Tanning Substances in Uruguay

After two years of decline, the Uruguayan synthetic organic tanning substances market increased by 508% to $X in 2021. Over the period under review, consumption, however, recorded a abrupt slump. Synthetic organic tanning substances consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Exports of Synthetic Organic Tanning Substances

Exports from Uruguay

In 2021, exports of synthetic organic tanning substances from Uruguay fell to X tons, waning by -6.4% compared with 2020 figures. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 10%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, synthetic organic tanning substances exports dropped to $X in 2021. In general, exports saw a abrupt setback. The pace of growth was the most pronounced in 2019 when exports increased by 7.4% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons), Vietnam (X tons) and Argentina (X tons) were the main destinations of synthetic organic tanning substances exports from Uruguay, with a combined 56% share of total exports. Bolivia, Paraguay, Brazil, Ecuador and Peru lagged somewhat behind, together comprising a further 43%.

From 2012 to 2021, the biggest increases were recorded for Bolivia (with a CAGR of +19.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Argentina ($X) and Hong Kong SAR ($X) were the largest markets for synthetic organic tanning substances exported from Uruguay worldwide, with a combined 63% share of total exports.

Bolivia, with a CAGR of +23.9%, saw the highest growth rate of 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, increasing by 5.6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 7.8% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Bolivia ($X per ton), while the average price for exports to Brazil ($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 Argentina (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Organic Tanning Substances

Imports into Uruguay

After two years of decline, supplies from abroad of synthetic organic tanning substances increased by 52% to X tons in 2021. Overall, imports, however, showed a deep downturn. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, synthetic organic tanning substances imports surged to $X in 2021. In general, imports, however, showed a deep setback. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Argentina (X tons), Germany (X tons) and China (X tons) were the main suppliers of synthetic organic tanning substances imports to Uruguay, with a combined 73% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +35.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Argentina ($X) and Brazil ($X) appeared to be the largest synthetic organic tanning substances suppliers to Uruguay, together accounting for 75% of total imports. China, Italy, France, Spain and India lagged somewhat behind, together accounting for a further 25%.

Among the main suppliers, China, with a CAGR of +25.0%, 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 a decline.

Import Prices by Country

In 2021, the average synthetic organic tanning substances import price amounted to $X per ton, rising by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.4%), 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 synthetic organic tanning substances in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, together accounting for 45% 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. These countries were followed by Spain, Germany, the Netherlands and France, which together accounted for a further 39%.

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

In value terms, Germany, Argentina and Spain appeared to be the largest synthetic organic tanning substances suppliers to Uruguay, together accounting for 64% of total imports. These countries were followed by Italy, China, Brazil, France and India, which together accounted for a further 36%.

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

In value terms, Argentina, Vietnam and Hong Kong SAR constituted the largest markets for synthetic organic tanning substances exported from Uruguay worldwide, with a combined 63% share of total exports.

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

The average synthetic organic tanning substances export price stood at $1,436 per ton in 2021, shrinking by -9.2% against the previous year.

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

In 2021, the average synthetic organic tanning substances import price amounted to $1,520 per ton, with a decrease of -2.8% against the previous year.

This report provides an in-depth analysis of the market for synthetic organic tanning substances in Uruguay. 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:

Uruguay

Data coverage:

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