Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil (FOB) - 2024
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil (CIF) - 2022
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil (FOB) - 2024
In September 2023, the average export price for tanning extracts of vegetable origin; wattle extracts amounted to $2,010 per ton, shrinking by -4.6% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 3.6% month-to-month. As a result, the export price attained the peak level of $2,107 per ton, and then shrank slightly in the following month.
Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to Japan ($2,369 per ton) and Egypt ($2,326 per ton), while the average price for exports to Colombia ($1,819 per ton) and China ($1,916 per ton) were amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,413 per ton in 2022, reducing by -20% against the previous year. Overall, the import price recorded a perceptible setback. The growth pace was the most rapid in 2013 an increase of 491% against the previous year. Over the period under review, average import prices reached the peak figure at $22,300 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -9.2% per year.
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil
For the third year in a row, Brazil recorded decline in shipments abroad of tanning extracts of vegetable origin; wattle extracts, which decreased by -32.3% to 14K tons in 2022. In general, exports faced a abrupt setback. The smallest decline of -6.8% was in 2020.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts declined sharply to $26M in 2022. Over the period under review, exports continue to indicate a abrupt descent. The smallest decline of -6.4% was in 2021.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 6.3 | 4.1 | 4.9 | 5.7 | -3.3% |
| India | 9.7 | 7.3 | 6.0 | 5.2 | -18.8% |
| China | 4.7 | 9.7 | 7.3 | 4.4 | -2.2% |
| Italy | 3.1 | 1.7 | 1.4 | 1.8 | -16.6% |
| Germany | 2.1 | 1.5 | 1.5 | 1.3 | -14.8% |
| Japan | 1.1 | 1.1 | 0.8 | 1.2 | 2.9% |
| Egypt | 0.5 | 0.4 | 0.5 | 0.8 | 17.0% |
| Vietnam | 0.7 | 0.5 | 0.5 | 0.7 | 0.0% |
| Colombia | 0.7 | 0.4 | 0.4 | 0.7 | 0.0% |
| South Korea | 1.0 | 0.7 | 0.5 | 0.5 | -20.6% |
| Thailand | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| Pakistan | 0.8 | 0.5 | 0.5 | 0.1 | -50.0% |
| Samoa | 1.3 | 1.5 | 1.8 | N/A | 17.7% |
| Others | 8.6 | 6.9 | 7.5 | 3.5 | -25.9% |
| Total | 41.1 | 36.5 | 34.2 | 26.4 | -13.7% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Brazil in 2022:
- Mexico (3.1K tons)
- India (3.1K tons)
- China (2.6K tons)
- Italy (1.0K tons)
- Germany (0.7K tons)
- Japan (0.6K tons)
- Egypt (0.4K tons)
- Vietnam (0.4K tons)
- Colombia (0.3K tons)
- South Korea (0.3K tons)
- Thailand (0.2K tons)
- Pakistan (0.1K tons)
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Brazil
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts imported into Brazil soared to 475 tons, jumping by 5,873% against the previous year. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 57,240% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $671K in 2022. Over the period under review, imports posted 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; Wattle Extract in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | 9.8 | 14.0 | 671 | 727.5% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 0.2 | 9.9 | 14.0 | 671 | 1397.0% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Brazil in 2022:
- South Africa (474.8 tons)
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