Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal - 2023

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal (CIF) - 2022
  2. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal (FOB) - 2022
  3. Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal
  4. Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal

Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal (CIF) - 2022

In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $3,278 per ton, growing by 25% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tanning extracts of vegetable origin; quebracho extracts decreased by -12.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46%. The import price peaked at $3,724 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17,710 per ton), while the price for Argentina ($2,478 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal (FOB) - 2022

The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $4,740 per ton in 2022, rising by 37% against the previous year. Over the period under review, the export price posted a mild increase. The pace of growth was the most pronounced in 2019 an increase of 59% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($15,178 per ton), while the average price for exports to Spain amounted to $4,401 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-1.8%).

Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal

In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts imported into Portugal fell notably to 200 tons, waning by -27.4% against 2021 figures. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 319% against the previous year. As a result, imports reached the peak of 276 tons, and then dropped remarkably in the following year.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts contracted to $657K in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 194%. As a result, imports attained the peak of $722K, and then reduced in the following year.

Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina16311136446241.5%
Italy94.911313516921.2%
France16.813.712.722.19.6%
UruguayN/AN/A206N/A0%
OthersN/A7.73.23.0-37.6%
Total27524572265733.7%

Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Portugal in 2022:

  1. Argentina (186.6 tons)
  2. Italy (9.6 tons)
  3. France (3.1 tons)

Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal

Exports of tanning extracts of vegetable origin; quebracho extracts from Portugal rose slightly to 2 tons in 2022, picking up by 2.2% against the previous year's figure. In general, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year. As a result, the exports attained the peak of 4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts soared to $9.7K in 2022. Overall, exports recorded a relatively flat trend pattern.

Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain9.512.66.98.8-2.5%
AngolaN/AN/AN/A0.70%
OthersN/AN/AN/A0.20%
Total9.512.66.99.70.7%

Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Portugal in 2022:

  1. Spain (2.0 tons)

Source: IndexBox Market Intelligence Platform

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