Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Chile - 2024

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Chile (CIF) - 2022
  2. Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Chile

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

In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $2,360 per ton, surging by 10% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. 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; wattle extracts increased by +13.2% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of 32% against the previous year. As a result, import price reached the peak level of $3,563 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,414 per ton), while the price for Italy amounted to $1,988 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.2%).

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

Imports of tanning extracts of vegetable origin; wattle extracts into Chile contracted markedly to 33 tons in 2022, falling by -43.7% compared with the previous year. In general, imports showed a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 123% against the previous year.

In value terms, imports of tanning extracts of vegetable origin; wattle extracts declined rapidly to $79K in 2022. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 117%.

Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil14343.711870.5-21.0%
ItalyN/A8.89.28.5-1.7%
GermanyN/A6.0N/AN/A0%
Others0.60.1N/AN/A-83.3%
Total14458.612779.0-18.1%

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

  1. Brazil (29.2 tons)
  2. Italy (4.3 tons)

Source: IndexBox Market Intelligence Platform

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