Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia - 2023

Contents:

1. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia (CIF) - 2022
2. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia (FOB) - 2022
3. Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia
4. Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia

Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia (CIF) - 2022

In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,748 per ton, surging by 4.6% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 +65.0% against 2012 indices. The most prominent rate of growth was recorded in 2017 an increase of 12%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 the United States ($4,421 per ton), while the price for Argentina stood at $2,514 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+38.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia (FOB) - 2022

In 2021, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $874 per ton, with a decrease of -61.2% against the previous year. Overall, the export price faced a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 1,287% against the previous year. As a result, the export price attained the peak level of $179,921 per ton. From 2020 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2021, the rate of growth in terms of prices for New Zealand amounted to -13.1% per year.

Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia

In 2022, imports of tanning extracts of vegetable origin; quebracho extracts into Australia surged to 243 tons, jumping by 62% compared with 2021 figures. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts soared to $667K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Australia in 2022:

1. Argentina (224.4 tons)
2. United States (15.5 tons)

Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Australia

In 2021, after two years of growth, there was significant decline in overseas shipments of tanning extracts of vegetable origin; quebracho extracts, when their volume decreased by -90.4% to 2.5 tons. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,843% against the previous year. As a result, the exports attained the peak of 26 tons, and then dropped dramatically in the following year.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts plummeted to $2.2K in 2021. Over the period under review, exports continue to indicate a precipitous descent. The smallest decline of -63.2% was in 2020.

Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Australia in 2022:

1. Malaysia (2.5 tons)

Source: IndexBox Market Intelligence Platform