Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in France - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in France (CIF) - 2023
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in France (FOB) - 2023
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in France
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in France
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in France (CIF) - 2023
In September 2023, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,355 per ton, shrinking by -34.9% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 217% month-to-month. As a result, import price attained the peak level of $7,675 per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From December 2022 to September 2023, the rate of growth in terms of prices for Italy amounted to +1.4% per month.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in France (FOB) - 2023
The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $13,426 per ton in September 2023, dropping by -28.6% against the previous month. Overall, the export price, however, showed a notable increase. The growth pace was the most rapid in February 2023 an increase of 254% month-to-month. As a result, the export price attained the peak level of $55,808 per ton. From March 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($99,766 per ton), while the average price for exports to Morocco ($4,156 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+58.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in France
In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts imported into France declined to 2.6K tons, shrinking by -5.4% on 2021. Over the period under review, imports continue to indicate a mild setback. The growth pace was the most rapid in 2021 when imports increased by 2.7%. As a result, imports attained the peak of 2.7K tons, and then reduced in the following year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts stood at $5.6M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 4.1 | 3.8 | 4.6 | 4.8 | 5.4% |
| Italy | 0.2 | 0.2 | 0.4 | 0.6 | 44.2% |
| Uruguay | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.4 | 0.4 | 0.1 | 0.1 | -37.0% |
| Total | 4.7 | 4.5 | 5.1 | 5.6 | 6.0% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to France in 2022:
- Argentina (2381.4 tons)
- Italy (131.5 tons)
- Uruguay (46.6 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in France
In 2022, overseas shipments of tanning extracts of vegetable origin; quebracho extracts decreased by -54.7% to 109 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 28%.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts fell notably to $719K in 2022. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, the exports reached the peak of $1.3M, and then contracted markedly in the following year.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 226 | 130 | 335 | 263 | 5.2% |
| United States | 263 | 254 | 297 | 138 | -19.3% |
| Azerbaijan | N/A | N/A | N/A | 68.9 | 0% |
| Canada | 14.5 | N/A | 73.7 | 63.7 | 63.8% |
| Spain | 42.2 | 368 | 375 | 52.5 | 7.6% |
| Portugal | 16.5 | 26.6 | 15.0 | 15.4 | -2.3% |
| Belgium | 64.1 | 36.9 | 9.8 | 13.2 | -40.9% |
| Malta | N/A | 2.9 | 5.9 | 9.3 | 79.1% |
| Germany | 46.4 | 32.2 | 51.8 | 1.0 | -72.2% |
| Others | 327 | 80.2 | 121 | 93.5 | -34.1% |
| Total | 999 | 930 | 1,285 | 719 | -10.4% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from France in 2022:
- Italy (53.8 tons)
- Azerbaijan (19.0 tons)
- Spain (10.2 tons)
- United States (6.7 tons)
- Canada (4.3 tons)
- Malta (3.0 tons)
- Portugal (2.9 tons)
- Belgium (1.4 tons)
- Germany (0.1 tons)
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