Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in the Philippines - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in the Philippines (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in the Philippines
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in the Philippines (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $9,026 per ton in 2022, increasing by 73% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2014 when the average import price increased by 1,654%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
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 Japan ($9,188 per ton), while the price for Argentina totaled $4,840 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in the Philippines
In 2022, imports of tanning extracts of vegetable origin; quebracho extracts into the Philippines soared to 2 tons, jumping by 6,184% on the previous year. Over the period under review, imports showed significant growth.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts soared to $18K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1.1 | N/A | 0.2 | 17.8 | 152.9% |
Argentina | N/A | N/A | N/A | 0.4 | 0% |
Thailand | N/A | 2.1 | N/A | N/A | 0% |
India | N/A | 1.5 | N/A | N/A | 0% |
Italy | N/A | 0.8 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.1 | 4.3 | 0.2 | 18.2 | 154.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to the Philippines in 2022:
- Japan (1.9 tons)
- Argentina (0.1 tons)
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