Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Mexico - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Mexico (CIF) - 2023
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Mexico
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Mexico (CIF) - 2023
In August 2023, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,550 per ton, falling by -1.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $2,590 per ton in July 2023, and then declined in the following month.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From January 2023 to August 2023, the rate of growth in terms of prices for Argentina amounted to -0.1% per month.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Mexico
In 2022, imports of tanning extracts of vegetable origin; quebracho extracts into Mexico surged to 4.2K tons, rising by 58% on 2021. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 91,445% against the previous year. As a result, imports attained the peak of 4.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts surged to $10M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 91,280% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | 9.3 | 5.6 | 10.0 | 3.7% |
| Others | N/A | 0.2 | 0.1 | 0.2 | 0.0% |
| Total | N/A | 9.5 | 5.8 | 10.2 | 3.6% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Mexico in 2022:
- Argentina (4.2K tons)
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