In 2023, Italy dominated the global export of synthetic organic tanning substances with a market share of 27.19%, followed by Spain at 13.59%, and Germany at 11.77%. Notable increases were observed in Paraguay (4.38%), Denmark (8.2%), and Poland (18.43%), while sharp declines were seen in Mexico (-41.11%), Canada (-26.07%), and Argentina (-25.92%). The five-year CAGR highlights Italy’s leadership, while countries like Spain and Germany also maintained steady growth.
Future trends to watch include the potential impact of environmental regulations on production, technological advancements in tanning processes, and emerging markets potentially shifting the current balance of market share.
Top countries in Export of Synthetic Organic Tanning Substances Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.19 | 2023 | +1.71% | +2.29% | View data |
| 2 | 2 Spain | 13.59 | 2023 | +1.83% | +1.72% | View data |
| 3 | 3 Germany | 11.77 | 2023 | +0.29% | +1.53% | View data |
| 4 | 4 France | 11.67 | 2023 | -0.065% | +0.58% | View data |
| 5 | 5 Netherlands | 10.58 | 2023 | +2.3% | +2.03% | View data |
| 6 | 6 India | 9.42 | 2023 | +0.65% | +1.46% | View data |
| 7 | 7 China | 3.73 | 2023 | +1.47% | +1.56% | View data |
| 8 | 8 Singapore | 2.52 | 2023 | -0.9% | -1.65% | View data |
| 9 | 9 United States | 1.89 | 2023 | -5.91% | -6.83% | View data |
| 10 | 10 Indonesia | 1.78 | 2023 | +3.62% | +3.7% | View data |