Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,311 per ton in 2022, surging by 2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 an increase of 44%. Over the period under review, average import prices reached the maximum at $2,898 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($3,728 per ton), while the price for the UK ($273 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam (FOB) - 2022
The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $3,060 per ton in 2022, rising by 8.5% against the previous year. Overall, the export price showed a moderate expansion. The export price peaked at $19,200 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Andorra ($3,632 per ton), while the average price for exports to Sweden amounted to $2,302 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-38.1%).
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam
In 2022, overseas purchases of tanning extracts of vegetable origin; quebracho extracts decreased by -40.5% to 267 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 501% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts declined notably to $618K in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 455%.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 13.9 | 266 | 683 | 353 | 193.9% |
| United States | 28.1 | 72.1 | 135 | 108 | 56.6% |
| Hong Kong SAR | 14.3 | 77.6 | 89.8 | 85.4 | 81.4% |
| Spain | 3.3 | 18.8 | 30.5 | 24.3 | 94.5% |
| United Kingdom | 8.5 | 18.5 | 21.2 | 19.9 | 32.8% |
| China | 12.1 | 52.0 | 37.8 | 7.6 | -14.4% |
| Others | 14.3 | 19.0 | 20.9 | 19.8 | 11.5% |
| Total | 94.4 | 524 | 1,019 | 618 | 87.1% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Vietnam in 2022:
- Argentina (94.8 tons)
- United Kingdom (72.8 tons)
- United States (60.4 tons)
- Hong Kong SAR (25.4 tons)
- Spain (7.2 tons)
- China (1.8 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam
In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts exported from Vietnam amounted to 100 kg, stabilizing at 2021 figures. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts stood at $306 in 2022. The total export value increased at an average annual rate of +8.5% from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Vietnam (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Andorra | N/A | 207 | 0% | ||
| Sweden | N/A | 99.0 | 0% | ||
| Norway | 282 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 282 | 306 | 8.5% | ||
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Vietnam in 2022:
- Andorra (57.0 kg)
- Sweden (43.0 kg)
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