Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,228 per ton in 2022, surging by 2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
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 Italy ($2,249 per ton), while the price for India ($851 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia (FOB) - 2022
In 2022, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $757 per ton, falling by -5.9% against the previous year. In general, the export price saw a precipitous decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 31% against the previous year. The export price peaked at $12,471 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -7.6% per year.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia
In 2022, approx. 101 tons of tanning extracts of vegetable origin; quebracho extracts were imported into Colombia; dropping by -68.1% against the previous year. Over the period under review, imports faced a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts dropped markedly to $225K in 2022. In general, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1,111 | 412 | 559 | 177 | -45.8% |
| Italy | 6.8 | 16.3 | 16.7 | 28.3 | 60.9% |
| United States | 37.3 | 31.9 | 31.3 | 7.9 | -40.4% |
| India | 20.7 | 18.3 | 14.4 | 2.9 | -48.1% |
| Peru | 1.5 | 7.7 | 14.2 | 2.3 | 15.3% |
| Others | 29.0 | 24.9 | 51.5 | 6.6 | -38.9% |
| Total | 1,206 | 511 | 687 | 225 | -42.9% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Colombia in 2022:
- Argentina (78.8 tons)
- Italy (12.6 tons)
- United States (3.9 tons)
- India (3.4 tons)
- Peru (1.7 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia
For the fourth consecutive year, Colombia recorded growth in shipments abroad of tanning extracts of vegetable origin; quebracho extracts, which increased by 1.5% to 7.1 tons in 2022. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts fell slightly to $5.3K in 2022. In general, exports, however, continue to indicate a pronounced shrinkage.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 0.9 | 5.9 | 5.6 | 5.3 | 80.6% |
| Guatemala | 5.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.1 | 5.9 | 5.6 | 5.3 | -4.6% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Colombia in 2022:
- Ecuador (7.1 tons)
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In value terms, tanning extracts of vegetable origin imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pat...
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In value terms, tanning extracts of vegetable origin exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patter...
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