Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany (FOB) - 2023
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany (CIF) - 2023
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany (FOB) - 2023
In September 2023, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $3,021 per ton, declining by -4.9% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +4.0%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 39% month-to-month. Over the period under review, the average export prices hit record highs at $3,177 per ton in August 2023, and then fell in the following month.
As there is only one major export destination, the average price level is determined by prices for the UK.
From December 2022 to September 2023, the rate of growth in terms of prices for Austria amounted to +11.0% per month.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany (CIF) - 2023
In September 2023, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,572 per ton, increasing by 25% against the previous month. In general, the import price enjoyed a pronounced expansion. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 240% month-to-month. As a result, import price reached the peak level of $5,627 per ton. From July 2023 to September 2023, the average import prices remained at a somewhat 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 Argentina amounted to +3.1% per month.
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany
In 2022, approx. 845 tons of tanning extracts of vegetable origin; quebracho extracts were exported from Germany; picking up by 8.3% against the previous year's figure. The total export volume increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 12%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts contracted to $2.3M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 15%.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 840 | 1,032 | 1,060 | 772 | -2.8% |
| Poland | 591 | 563 | 520 | 726 | 7.1% |
| United Kingdom | 118 | 169 | 212 | 185 | 16.2% |
| Italy | 33.0 | 20.6 | 131 | 125 | 55.9% |
| Austria | 101 | 100 | 129 | 101 | 0.0% |
| Ukraine | 44.7 | 43.2 | 26.5 | 79.3 | 21.1% |
| France | N/A | 21.3 | 47.0 | 64.6 | 74.2% |
| Czech Republic | 57.0 | 43.7 | 68.8 | 50.1 | -4.2% |
| Others | 56.1 | 118 | 70.2 | 157 | 40.9% |
| Total | 1,840 | 2,111 | 2,265 | 2,259 | 7.1% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Germany in 2022:
- Poland (287.5 tons)
- Belgium (281.9 tons)
- United Kingdom (68.4 tons)
- Austria (45.2 tons)
- Italy (43.0 tons)
- Ukraine (27.3 tons)
- France (26.1 tons)
- Czech Republic (16.9 tons)
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany
In 2022, approx. 1.1K tons of tanning extracts of vegetable origin; quebracho extracts were imported into Germany; jumping by 22% on 2021. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts soared to $2.2M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1,443 | 1,250 | 1,651 | 2,008 | 11.6% |
| Netherlands | N/A | 105 | 99.4 | 175 | 29.1% |
| Spain | N/A | 81.0 | 35.8 | 6.7 | -71.2% |
| Others | 45.1 | 71.8 | 14.4 | 14.4 | -31.7% |
| Total | 1,488 | 1,508 | 1,800 | 2,205 | 14.0% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Germany in 2022:
- Argentina (1065.6 tons)
- Netherlands (66.0 tons)
- Spain (2.4 tons)
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