Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Algeria - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Algeria (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Algeria
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Algeria (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,299 per ton, picking up by 3.5% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($2,429 per ton), while the price for Italy totaled $1,836 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.1%).
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Algeria
For the third consecutive year, Algeria recorded decline in overseas purchases of tanning extracts of vegetable origin; quebracho extracts, which decreased by -13.4% to 22 tons in 2022. Overall, imports continue to indicate a drastic downturn. The smallest decline of -13.4% was in 2020.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts declined to $50K in 2022. In general, imports faced a deep reduction. The smallest decline of -10.4% was in 2021.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 61.4 | 54.0 | 47.2 | 41.1 | -12.5% |
| Italy | 7.6 | 7.9 | 8.3 | 8.7 | 4.6% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 69.1 | 61.9 | 55.5 | 49.8 | -10.3% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Algeria in 2022:
- Argentina (16.9 tons)
- Italy (4.7 tons)
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