Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Uzbekistan - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Uzbekistan (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Uzbekistan
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Uzbekistan (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $1,716 per ton, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a mild curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $2,364 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,885 per ton), while the price for India ($1,459 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.3%), while the prices for the other major suppliers experienced a decline.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Uzbekistan
In 2022, supplies from abroad of tanning extracts of vegetable origin; wattle extracts decreased by -61.5% to 70 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a prominent increase. The growth pace was the most rapid in 2020 with an increase of 140% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts fell dramatically to $120K in 2022. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 145%.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 24.8 | 83.1 | 80.8 | 72.9 | 43.2% |
| India | 12.9 | 10.2 | 8.1 | 40.9 | 46.9% |
| South Africa | N/A | N/A | N/A | 5.6 | 0% |
| Russia | 15.0 | 31.7 | 5.3 | N/A | -40.6% |
| Brazil | 41.1 | 109 | 218 | N/A | 130.3% |
| Others | 1.8 | N/A | N/A | 0.4 | -39.4% |
| Total | 95.6 | 234 | 312 | 120 | 7.9% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Uzbekistan in 2022:
- Turkey (38.7 tons)
- India (28.0 tons)
- South Africa (3.0 tons)
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