Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $1,385 per ton in 2022, dropping by -31.2% against the previous year. Overall, the import price, however, saw notable growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 55%. The import price peaked at $2,015 per ton in 2021, and then contracted rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($5,220 per ton), while the price for France ($770 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+17.8%), while the prices for the other major suppliers experienced a decline.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada (FOB) - 2022
In 2022, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,744 per ton, which is down by -5.5% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tanning extracts of vegetable origin; quebracho extracts increased by +58.4% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 68%. Over the period under review, the average export prices reached the peak figure at $3,567 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,475 per ton), while the average price for exports to Thailand amounted to $719 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%).
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada
After two years of decline, purchases abroad of tanning extracts of vegetable origin; quebracho extracts increased by 1.5% to 71 tons in 2022. In general, imports, however, recorded a sharp slump.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts dropped rapidly to $98K in 2022. Over the period under review, imports, however, saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 3.6%. As a result, imports reached the peak of $402K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 30.3 | 25.1 | 25.7 | 46.4 | 15.3% |
| Argentina | 241 | 339 | 101 | 38.4 | -45.8% |
| United States | 108 | 33.0 | 13.0 | 10.8 | -53.6% |
| France | 2.5 | 1.4 | 1.3 | 2.6 | 1.3% |
| Others | 6.2 | 3.6 | 0.3 | 0.1 | -74.7% |
| Total | 388 | 402 | 141 | 98.3 | -36.7% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Canada in 2022:
- Italy (47.6 tons)
- United States (12.6 tons)
- Argentina (7.4 tons)
- France (3.4 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada
In 2022, shipments abroad of tanning extracts of vegetable origin; quebracho extracts decreased by -63.5% to 21 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 270%. As a result, the exports attained the peak of 64 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts dropped significantly to $58K in 2022. Overall, exports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2020 with an increase of 80%.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 61.3 | 86.0 | 167 | 53.7 | -4.3% |
| Thailand | N/A | N/A | N/A | 4.0 | 0% |
| Fiji | N/A | 24.2 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 61.3 | 110 | 167 | 57.7 | -2.0% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Canada in 2022:
- United States (15.4 tons)
- Thailand (5.6 tons)
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