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

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Israel (CIF) - 2022
  2. Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Israel

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

The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,309 per ton in 2022, picking up by 11% against the previous year. Overall, the import price showed a slight increase. The growth pace was the most rapid in 2013 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $2,809 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($22,208 per ton), while the price for the UK ($1,250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of tanning extracts of vegetable origin; quebracho extracts into Israel contracted significantly to 866 kg in 2022, falling by -97.3% compared with 2021 figures. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. As a result, imports attained the peak of 32 tons, and then reduced sharply in the following year.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts dropped notably to $2K in 2022. Over the period under review, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 113% against the previous year. As a result, imports attained the peak of $66K, and then contracted dramatically in the following year.

Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.06.124.60.6-57.8%
Turkey1.42.315.20.5-29.1%
United States7.36.914.70.5-59.1%
Argentina7.36.011.20.4-62.0%
United Kingdom14.89.80.4N/A-83.6%
Others1.1N/AN/AN/A0%
Total40.031.066.02.0-63.2%

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

  1. Italy (390.0 kg)
  2. Argentina (227.0 kg)
  3. Turkey (210.0 kg)
  4. United States (24.0 kg)
  5. United Kingdom (8.0 kg)

Source: IndexBox Market Intelligence Platform

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