Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Costa Rica - 2022

Contents:

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

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

The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,518 per ton in 2022, with an increase of 11% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tanning extracts of vegetable origin; quebracho extracts increased by +23.3% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($3,008 per ton), while the price for Argentina ($2,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $1,327 per ton, standing approx. at the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $1,333 per ton in 2020, and then reduced in the following year.

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

From 2018 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Costa Rica

In 2022, imports of tanning extracts of vegetable origin; quebracho extracts into Costa Rica surged to 61 tons, picking up by 49% compared with the previous year's figure. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts skyrocketed to $153K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina42.664.750.781.824.3%
Italy23.227.326.145.725.4%
Guatemala7.38.68.213.522.7%
Others3.04.77.411.958.3%
Total76.110592.415326.2%

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

  1. Argentina (36.6 tons)
  2. Italy (18.9 tons)
  3. Guatemala (4.5 tons)

Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Costa Rica

In 2021, approx. 113 kg of tanning extracts of vegetable origin; quebracho extracts were exported from Costa Rica; reducing by -19.9% on 2020. In general, exports faced a abrupt shrinkage.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts contracted notably to $150 in 2021. Over the period under review, exports showed a dramatic decline.

Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Costa Rica (USD)
COUNTRY20202021CAGR,
2020-2021
NetherlandsN/A1500%
China188N/A0%
OthersN/AN/A0%
Total188150-20.2%

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

  1. Netherlands (113.0 kg)

Source: IndexBox Market Intelligence Platform

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