Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Panama - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Panama (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Panama
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Panama (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,446 per ton, picking up by 8.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 34% 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 +2.9% per year.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Panama
In 2022, approx. 12 tons of tanning extracts of vegetable origin; quebracho extracts were imported into Panama; increasing by 22% on 2021. In general, imports, however, saw a abrupt setback.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts skyrocketed to $30K in 2022. Overall, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 28.3 | 17.0 | 22.5 | 29.8 | 1.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.3 | 17.0 | 22.5 | 29.8 | 1.7% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Panama in 2022:
- Argentina (12.2 tons)
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