Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Iran - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Iran (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Iran
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Iran (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,662 per ton, rising by 19% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tanning extracts of vegetable origin; quebracho extracts increased by +26.3% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 97% against the previous year. The import price peaked at $3,168 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($6,800 per ton), while the price for India ($1,741 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Iran
After three years of growth, supplies from abroad of tanning extracts of vegetable origin; quebracho extracts decreased by -24% to 14 tons in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 87%.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts reduced to $36K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.9 | 16.6 | 20.2 | 18.3 | 22.7% |
| Argentina | 4.1 | 7.2 | 9.3 | 8.9 | 29.5% |
| Turkey | 2.2 | 5.7 | 9.7 | 8.4 | 56.3% |
| Italy | 0.6 | 0.9 | 1.1 | 0.9 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.8 | 30.4 | 40.3 | 36.5 | 29.5% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Iran in 2022:
- India (10.5 tons)
- Turkey (1.6 tons)
- Argentina (1.3 tons)
- Italy (0.3 tons)
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