Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Uzbekistan - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Uzbekistan (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Uzbekistan
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Uzbekistan (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,526 per ton in 2022, rising by 21% against the previous year. In general, import price indicated a tangible expansion from 2017 to 2022: its price increased at an average annual rate of +2.1% over the last five-year period. 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 -23.6% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 31%. As a result, import price reached the peak level of $3,305 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,035 per ton), while the price for India ($1,334 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.0%), while the prices for the other major suppliers experienced a decline.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Uzbekistan
In 2022, approx. 60 tons of tanning extracts of vegetable origin; quebracho extracts were imported into Uzbekistan; picking up by 9.9% on the previous year. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 94%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts surged to $152K in 2022. Overall, imports, however, saw a relatively flat trend pattern.
Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Uzbekistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 100 | 83.1 | 94.0 | 92.9 | -2.4% |
Italy | N/A | N/A | N/A | 38.5 | 0% |
India | 22.3 | 9.7 | 18.6 | 20.0 | -3.6% |
Russia | 29.4 | N/A | 1.5 | N/A | -77.4% |
Others | N/A | N/A | N/A | 0.6 | 0% |
Total | 152 | 92.8 | 114 | 152 | 0.0% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Uzbekistan in 2022:
- Turkey (32.4 tons)
- India (15.0 tons)
- Italy (12.7 tons)
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