Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Finland - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Finland (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Finland
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Finland (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,167 per ton, rising by 32% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,981 per ton), while the price for Argentina stood at $2,146 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%).
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Finland
In 2022, purchases abroad of tanning extracts of vegetable origin; quebracho extracts decreased by -11.9% to 199 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. As a result, imports reached the peak of 317 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts skyrocketed to $431K in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports reached the peak of $522K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 409 | 522 | 370 | 416 | 0.6% |
| Germany | N/A | N/A | N/A | 15.1 | 0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 410 | 522 | 370 | 431 | 1.7% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Finland in 2022:
- Argentina (194.0 tons)
- Germany (5.1 tons)
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