Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Algeria - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Algeria (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Algeria
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Algeria (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,537 per ton in 2022, rising by 6.5% against the previous year. Over the period under review, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $1,764 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Brazil ($1,874 per ton), while the price for the UK ($1,070 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+0.6%), while the prices for the other major suppliers experienced a decline.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Algeria
In 2022, after three years of growth, there was significant decline in purchases abroad of tanning extracts of vegetable origin; wattle extracts, when their volume decreased by -21.2% to 122 tons. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 144% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts dropped remarkably to $188K in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 210%.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 2.0 | N/A | 83.7 | 546.9% |
| Brazil | 28.6 | 68.0 | 117 | 56.8 | 25.7% |
| South Africa | 8.1 | 33.3 | 72.5 | 29.9 | 54.5% |
| United Kingdom | 12.2 | 48.4 | 34.7 | 17.3 | 12.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 48.9 | 152 | 224 | 188 | 56.7% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Algeria in 2022:
- United Arab Emirates (50.7 tons)
- Brazil (30.3 tons)
- South Africa (24.9 tons)
- United Kingdom (16.2 tons)
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