Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $1,626 per ton, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. The import price peaked at $1,732 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +15.3% per year.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR (FOB) - 2022
The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $6,628 per ton in 2022, surging by 304% against the previous year. Over the period under review, the export price posted buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +13.8% per year.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR
In 2022, purchases abroad of tanning extracts of vegetable origin; quebracho extracts decreased by -16.7% to 67 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports faced a precipitous descent.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts shrank markedly to $108K in 2022. Overall, imports saw a significant decrease. The smallest decline of -0.1% was in 2021.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 278 | 130 | 130 | 108 | -27.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 278 | 130 | 130 | 108 | -27.0% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Hong Kong SAR in 2022:
- Argentina (66.7 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR
Exports of tanning extracts of vegetable origin; quebracho extracts from Hong Kong SAR reduced remarkably to 180 kg in 2022, with a decrease of -99.7% against 2021. Over the period under review, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 214%. As a result, the exports reached the peak of 65 tons, and then shrank rapidly in the following year.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts shrank significantly to $1.2K in 2022. Overall, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 210%. As a result, the exports reached the peak of $107K, and then declined notably in the following year.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.5 | 34.4 | 107 | 1.2 | -72.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 59.5 | 34.4 | 107 | 1.2 | -72.8% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Hong Kong SAR in 2022:
- China (180.0 kg)
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