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

Contents:

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

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

In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $4,447 per ton, dropping by -58.2% against the previous year. Over the period under review, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 250%. As a result, import price reached the peak level of $10,646 per ton, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($12,873 per ton), while the price for Greece ($2,533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $16,183 per ton, waning by -35.8% against the previous year. Overall, the export price, however, saw significant growth. The pace of growth appeared the most rapid in 2020 an increase of 244% against the previous year. The export price peaked at $25,214 per ton in 2021, and then shrank dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +12.1% per year.

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

In 2022, overseas purchases of tanning extracts of vegetable origin; quebracho extracts increased by 232% to 8.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a sharp decrease.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts surged to $40K in 2022. In general, imports, however, recorded a abrupt setback.

Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.02.00.313.840.3%
France6.114.313.39.716.7%
GreeceN/AN/AN/A6.10%
Belgium6.92.911.65.2-9.0%
Argentina39.845.02.93.6-55.1%
Germany7.90.1N/AN/A-98.7%
Others3.33.90.41.3-26.7%
Total69.168.228.639.7-16.9%

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

  1. Italy (4.0 tons)
  2. Greece (2.4 tons)
  3. Argentina (1.2 tons)
  4. France (0.8 tons)
  5. Belgium (0.4 tons)

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

For the third consecutive year, Romania recorded decline in shipments abroad of tanning extracts of vegetable origin; quebracho extracts, which decreased by 0% to 350 kg in 2022. Overall, exports faced a precipitous decline. The smallest decline of -31.4% was in 2021.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts shrank rapidly to $5.7K in 2022. In general, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 17%.

Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova13.45.78.85.7-24.8%
Bulgaria9.7N/AN/AN/A0%
Greece9.11.8N/AN/A-80.2%
OthersN/AN/AN/AN/A0%
Total32.27.58.85.7-43.9%

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

  1. Moldova (350.0 kg)

Source: IndexBox Market Intelligence Platform

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