Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Belarus - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Belarus (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belarus
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Belarus (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,640 per ton in 2022, which is down by -30.4% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 an increase of 30%. As a result, import price reached the peak level of $3,794 per ton, and then contracted rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.8% per year.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belarus
In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts imported into Belarus declined dramatically to 21 tons, dropping by -70.9% compared with 2021. Over the period under review, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of 72 tons, and then dropped notably in the following year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts declined significantly to $55K in 2022. Overall, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 104%. As a result, imports attained the peak of $274K, and then dropped dramatically in the following year.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 174 | 135 | 274 | 55.5 | -31.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 174 | 135 | 274 | 55.5 | -31.7% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Belarus in 2022:
- Russia (21.0 tons)
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