Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Angola - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Angola (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Angola
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Angola (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $15,509 per ton in 2022, surging by 155% against the previous year. Over the period under review, the import price recorded a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Portugal ($36,344 per ton), while the price for South Africa ($2,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Angola
For the third consecutive year, Angola recorded decline in purchases abroad of tanning extracts of vegetable origin; quebracho extracts, which decreased by -65.9% to 275 kg in 2022. In general, imports continue to indicate a sharp contraction. The smallest decline of -4% was in 2021.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts shrank to $4.3K in 2022. Over the period under review, imports faced a significant decrease. The smallest decline of -11.5% was in 2021.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 1.4 | 0% |
| Portugal | 2.2 | 0.5 | 0.9 | 1.2 | -18.3% |
| Hong Kong SAR | N/A | N/A | N/A | 0.9 | 0% |
| Namibia | 18.0 | 4.9 | 3.1 | 0.5 | -69.7% |
| China | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| South Africa | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| United Kingdom | 0.1 | N/A | 0.4 | N/A | 100.0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 20.7 | 5.5 | 4.9 | 4.3 | -40.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Angola in 2022:
- Namibia (112.0 kg)
- Indonesia (57.0 kg)
- Portugal (32.0 kg)
- South Africa (30.0 kg)
- Hong Kong SAR (27.0 kg)
- China (17.0 kg)
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