Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium - 2023

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium (CIF) - 2022
  2. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium (FOB) - 2022
  3. Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium
  4. Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium

Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium (CIF) - 2022

In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,899 per ton, jumping by 51% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($2,982 per ton) and Italy ($2,813 per ton), while the price for the Netherlands ($2,401 per ton) and Austria ($2,693 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium (FOB) - 2022

The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $4,960 per ton in 2022, reducing by -70.6% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 820%. As a result, the export price attained the peak level of $41,158 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($23,401 per ton), while the average price for exports to the Netherlands ($3,715 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.6%), while the prices for the other major destinations experienced a decline.

Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium

In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts imported into Belgium fell dramatically to 614 tons, waning by -22% compared with the previous year. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 306% against the previous year. As a result, imports attained the peak of 788 tons, and then fell sharply in the following year.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts skyrocketed to $1.8M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 225% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina3713354171,10343.8%
Germany78.8N/A91038169.1%
AustriaN/AN/AN/A1440%
Italy36676.5154134-28.5%
France85.747.312.416.4-42.4%
Others71.05.215.00.9-76.7%
Total9724631,5091,78022.3%

Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Belgium in 2022:

  1. Argentina (369.9 tons)
  2. Germany (140.2 tons)
  3. Austria (53.5 tons)
  4. Italy (47.7 tons)
  5. France (2.5 tons)

Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium

In 2022, shipments abroad of tanning extracts of vegetable origin; quebracho extracts was finally on the rise to reach 25 tons after two years of decline. In general, exports enjoyed a pronounced increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts skyrocketed to $124K in 2022. Overall, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A50.90%
FranceN/A0.5N/A36.5754.4%
UkraineN/AN/AN/A12.00%
Thailand1.34.44.59.694.7%
Romania13.98.65.74.3-32.4%
AustraliaN/AN/AN/A2.10%
Austria68.2N/AN/AN/A0%
Mexico18.7N/AN/AN/A0%
Others0.332.50.28.6206.1%
Total10246.010.51246.7%

Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Belgium in 2022:

  1. Netherlands (13.7 tons)
  2. France (8.9 tons)
  3. Ukraine (0.6 tons)
  4. Australia (0.4 tons)
  5. Thailand (0.4 tons)
  6. Romania (0.2 tons)

Source: IndexBox Market Intelligence Platform

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