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

Contents:

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

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

In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,176 per ton, increasing by 3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2018 an increase of 5.3% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +1.4% per year.

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

In 2022, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $6,856 per ton, increasing by 32% against the previous year. In general, the export price posted a slight increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 70% against the previous year. The export price peaked at $6,973 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($30,903 per ton), while the average price for exports to Malaysia ($3,938 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 Sweden (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 388 tons of tanning extracts of vegetable origin; quebracho extracts were imported into Japan; which is down by -3% against 2021 figures. Overall, imports continue to indicate a deep setback.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts amounted to $843K in 2022. In general, imports saw a abrupt curtailment.

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

1. Argentina (387.6 tons)

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

In 2022, exports of tanning extracts of vegetable origin; quebracho extracts from Japan skyrocketed to 13 tons, increasing by 73% on the previous year. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 281% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts skyrocketed to $91K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 427% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

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

1. Malaysia (9.4 tons)
2. Philippines (1.9 tons)
3. Indonesia (1.0 tons)
4. Sweden (1.0 tons)

Source: IndexBox Market Intelligence Platform