Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Sri Lanka - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Sri Lanka (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Sri Lanka
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Sri Lanka (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $1,570 per ton in 2022, jumping by 26% against the previous year. Overall, the import price, however, showed a mild decrease. The growth pace was the most rapid in 2014 an increase of 85%. As a result, import price attained the peak level of $2,377 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 Thailand ($34,038 per ton), while the price for India ($563 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+38.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Sri Lanka
In 2022, supplies from abroad of tanning extracts of vegetable origin; quebracho extracts was finally on the rise to reach 3.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a significant decline.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts soared to $5.6K in 2022. In general, imports, however, showed a dramatic decline.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 8.6 | N/A | N/A | 2.6 | -32.9% |
| Malaysia | N/A | N/A | 1.1 | 1.1 | 0.0% |
| India | 7.0 | 3.6 | 1.6 | 1.0 | -47.7% |
| United Arab Emirates | N/A | 0.2 | N/A | N/A | 0% |
| Others | 3.3 | 2.0 | 1.0 | 0.9 | -35.2% |
| Total | 18.9 | 5.7 | 3.7 | 5.6 | -33.3% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Sri Lanka in 2022:
- India (1715.0 kg)
- United Kingdom (1508.0 kg)
- Malaysia (332.0 kg)
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