Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Canada - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Canada (FOB) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Canada (CIF) - 2022
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Canada
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Canada
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Canada (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $1,169 per ton in 2022, picking up by 26% against the previous year. Over the period under review, the export price enjoyed slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Canada (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,121 per ton in 2022, falling by -17% against the previous year. In general, the import price recorded a perceptible contraction. The growth pace was the most rapid in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the maximum at $1,611 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,122 per ton), while the price for South Africa stood at $1,099 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Canada
In 2022, approx. 393 tons of tanning extracts of vegetable origin; wattle extracts were exported from Canada; with an increase of 218% against 2021 figures. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts surged to $460K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Canada (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| United States | N/A | 437 | 0% |
| India | 115 | N/A | 0% |
| Others | N/A | 23.0 | 0% |
| Total | 115 | 460 | 300.0% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Canada in 2022:
- United States (390.1 tons)
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Canada
Imports of tanning extracts of vegetable origin; wattle extracts into Canada soared to 241 tons in 2022, jumping by 138% compared with the previous year. Overall, imports, however, continue to indicate a deep slump.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts surged to $270K in 2022. Over the period under review, imports, however, showed a abrupt decrease.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 327 | 114 | 115 | 260 | -7.4% |
| South Africa | 86.5 | 247 | 15.0 | 8.8 | -53.3% |
| Brazil | 8.5 | 43.4 | 1.5 | N/A | -58.0% |
| Others | 26.8 | 70.8 | 5.2 | 1.0 | -66.6% |
| Total | 449 | 475 | 137 | 270 | -15.6% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Canada in 2022:
- United States (231.9 tons)
- South Africa (8.0 tons)
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