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

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

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Uruguay: Vegetable Tanning Extracts Market 2024

Vegetable Tanning Extracts Market Size in Uruguay

The Uruguayan vegetable tanning extracts market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Vegetable Tanning Extracts Production in Uruguay

In value terms, vegetable tanning extracts production expanded sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 2,644% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Vegetable Tanning Extracts Exports

Exports from Uruguay

In 2022, overseas shipments of tanning extracts of vegetable origin, tannins and their salts other derivatives decreased by -99.6% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 168%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, vegetable tanning extracts exports declined dramatically to $X in 2022. In general, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 138% against the previous year. The exports peaked at $X in 2021, and then declined markedly in the following year.

Exports by Country

Argentina (X tons) was the main destination for vegetable tanning extracts exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina stood at -26.8%.

In value terms, Argentina ($X) emerged as the key foreign market for tanning extracts of vegetable origin, tannins and their salts other derivatives exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Argentina amounted to -13.9%.

Export Prices by Country

In 2022, the average vegetable tanning extracts export price amounted to $X per ton, jumping by 109% against the previous year. In general, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +28.5% per year.

Vegetable Tanning Extracts Imports

Imports into Uruguay

In 2022, purchases abroad of tanning extracts of vegetable origin, tannins and their salts other derivatives increased by 14% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, faced a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 25%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, vegetable tanning extracts imports soared to $X in 2022. In general, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 42%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Peru (X tons), Argentina (X tons) and Italy (X tons) were the main suppliers of vegetable tanning extracts imports to Uruguay, with a combined 87% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +5.5%), while purchases for the other leaders experienced a decline.

In value terms, the largest vegetable tanning extracts suppliers to Uruguay were Italy ($X), Peru ($X) and Argentina ($X), together comprising 85% of total imports.

Among the main suppliers, Italy, with a CAGR of +8.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average vegetable tanning extracts import price amounted to $X per ton, picking up by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.8%), 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, with a combined 40% share 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 Uruguay?

In value terms, Argentina, Peru and Brazil appeared to be the largest vegetable tanning extracts suppliers to Uruguay, with a combined 84% share of total imports.

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

In value terms, the United States remains the key foreign market for vegetable tanning extracts exports from Uruguay, comprising 60% of total exports. The second position in the ranking was occupied by Guatemala, with a 20% share of total exports. It was followed by Portugal, with an 8.1% share.

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

The average vegetable tanning extracts export price stood at $2,067 per ton in 2021, increasing by 2.2% against the previous year.

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

The average vegetable tanning extracts import price stood at $3,177 per ton in 2021, with an increase of 36% against the previous year.

This report provides an in-depth analysis of the vegetable tanning extracts market 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 20122250 - Tanning extracts of vegetable origin, tannins and their salts, e thers, esters and other derivatives

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