Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Argentina - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Argentina (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Argentina
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Argentina (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $3,628 per ton, growing by 8% against the previous year. In general, the import price, however, showed a abrupt setback. Over the period under review, average import prices reached the peak figure at $9,461 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.0% per year.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Argentina
In 2022, after three years of growth, there was significant decline in overseas purchases of tanning extracts of vegetable origin; quebracho extracts, when their volume decreased by -9.2% to 19 tons. The total import volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 43% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts declined to $67K in 2022. In general, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, imports reached the peak of $87K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 67.4 | 77.1 | 64.7 | 64.0 | -1.7% |
| Others | 6.0 | 9.8 | 4.1 | 3.5 | -16.4% |
| Total | 73.4 | 86.9 | 68.8 | 67.5 | -2.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Argentina in 2022:
- United States (18.5 tons)
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