Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Uruguay - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Uruguay (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Uruguay
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Uruguay (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,550 per ton, with an increase of 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 23%. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +4.2% per year.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Uruguay
In 2022, supplies from abroad of tanning extracts of vegetable origin; quebracho extracts decreased by -21.9% to 23 tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 35%. As a result, imports attained the peak of 30 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts declined notably to $58K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 46%.
Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 43.0 | 64.2 | 67.9 | 57.9 | 10.4% |
Others | 1.0 | N/A | 0.7 | N/A | -16.3% |
Total | 44.0 | 64.2 | 68.6 | 57.9 | 9.6% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Uruguay in 2022:
- Argentina (22.7 tons)
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