Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria - 2023

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria (CIF) - 2022
  2. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria (FOB) - 2022
  3. Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria
  4. Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria

Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria (CIF) - 2022

The average import price for tanning extracts of vegetable origin; wattle extracts stood at $7,248 per ton in 2022, dropping by -18.3% against the previous year. Overall, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 116% against the previous year. Over the period under review, average import prices reached the peak figure at $11,487 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($80,692 per ton), while the price for Greece ($3,127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.4%), while the prices for the other major suppliers experienced a decline.

Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria (FOB) - 2022

In 2022, the average export price for tanning extracts of vegetable origin; wattle extracts amounted to $77,333 per ton, picking up by 3,843% against the previous year. In general, the export price, however, continues to indicate a noticeable downturn. The export price peaked at $304,657 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for North Macedonia.

From 2014 to 2022, the rate of growth in terms of prices for North Macedonia amounted to -3.0% per year.

Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria

In 2022, supplies from abroad of tanning extracts of vegetable origin; wattle extracts was finally on the rise to reach 1.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a dramatic setback.

In value terms, imports of tanning extracts of vegetable origin; wattle extracts soared to $12K in 2022. In general, imports, however, continue to indicate a abrupt shrinkage.

Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece11.36.92.34.8-24.8%
France8.22.12.23.8-22.6%
Italy0.31.23.53.1117.8%
OthersN/AN/AN/AN/A0%
Total19.810.28.011.8-15.8%

Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Bulgaria in 2022:

  1. Greece (1532.0 kg)
  2. France (53.0 kg)
  3. Italy (39.0 kg)

Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria

Exports of tanning extracts of vegetable origin; wattle extracts from Bulgaria reduced notably to 9 kg in 2022, declining by -99.9% against 2021 figures. In general, exports showed a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 46,888%. As a result, the exports reached the peak of 8 tons, and then contracted sharply in the following year.

In value terms, exports of tanning extracts of vegetable origin; wattle extracts dropped rapidly to $696 in 2022. Overall, exports showed a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 1,000%. As a result, the exports reached the peak of $16K, and then fell sharply in the following year.

Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia2.61.40.30.7-35.4%
GeorgiaN/AN/A15.4N/A0%
OthersN/AN/AN/AN/A0%
Total2.61.415.70.7-35.4%

Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Bulgaria in 2022:

  1. North Macedonia (9.0 kg)

Source: IndexBox Market Intelligence Platform

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