Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Egypt - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Egypt (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Egypt
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Egypt (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,288 per ton in 2022, growing by 9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2013 when the average import price increased by 17% against the previous year. The import price peaked 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 Italy ($2,963 per ton), while the price for India ($1,243 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Egypt
In 2022, imports of tanning extracts of vegetable origin; quebracho extracts into Egypt fell slightly to 131 tons, stabilizing at the previous year. In general, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 214% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts totaled $300K in 2022. Over the period under review, imports, however, saw mild growth. The most prominent rate of growth was recorded in 2021 with an increase of 214% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 215 | 44.0 | 161 | 199 | -2.5% |
| United Arab Emirates | 3.7 | 1.1 | 3.7 | 34.7 | 110.9% |
| Brazil | 32.4 | 20.5 | 31.6 | 30.3 | -2.2% |
| India | 19.9 | 14.3 | 25.0 | 27.2 | 11.0% |
| Turkey | 5.7 | 4.7 | 13.1 | 4.9 | -4.9% |
| Italy | 8.1 | 3.1 | 2.0 | 4.2 | -19.7% |
| Others | 2.4 | 0.4 | 40.6 | 0.5 | -40.7% |
| Total | 287 | 88.1 | 277 | 300 | 1.5% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Egypt in 2022:
- Argentina (81.3 tons)
- India (21.9 tons)
- United Arab Emirates (12.9 tons)
- Brazil (11.5 tons)
- Turkey (2.0 tons)
- Italy (1.4 tons)
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