Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,966 per ton in 2022, with an increase of 25% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. 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 country with the highest price was Brazil ($1,973 per ton), while the price for South Africa stood at $1,962 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.2%).
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $2,116 per ton in 2022, picking up by 20% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tanning extracts of vegetable origin; wattle extracts decreased by -1.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 43% against the previous year. The export price peaked at $2,154 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($2,977 per ton), while the average price for exports to Canada ($1,100 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 Italy (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina
In 2022, approx. 420 tons of tanning extracts of vegetable origin; wattle extracts were imported into Argentina; rising by 58% on 2021. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 60% 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; wattle extracts surged to $826K in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | 34.7 | 136 | 510 | 283.4% |
| Brazil | 419 | 244 | 281 | 316 | -9.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 419 | 279 | 417 | 826 | 25.4% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Argentina in 2022:
- South Africa (260.0 tons)
- Brazil (160.1 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina
In 2022, overseas shipments of tanning extracts of vegetable origin; wattle extracts increased by 4.2% to 24 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous contraction.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts surged to $51K in 2022. Over the period under review, exports, however, showed a dramatic curtailment.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 74.8 | 37.4 | 41.0 | -26.0% |
| Slovakia | 4.2 | N/A | N/A | 4.9 | 5.3% |
| Switzerland | N/A | N/A | N/A | 4.5 | 0% |
| Canada | N/A | N/A | 3.3 | 0.8 | -75.8% |
| Germany | 46.6 | N/A | N/A | N/A | 0% |
| Belgium | 188 | 119 | N/A | N/A | -36.7% |
| United Kingdom | 41.8 | N/A | N/A | N/A | 0% |
| Poland | 29.6 | N/A | N/A | N/A | 0% |
| Italy | 121 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Total | 432 | 193 | 40.9 | 51.2 | -50.9% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Argentina in 2022:
- China (20.0 tons)
- Slovakia (2.0 tons)
- Switzerland (1.5 tons)
- Canada (0.7 tons)
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In value terms, tanning extracts of vegetable origin imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pat...
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