Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Costa Rica - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Costa Rica (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Costa Rica
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Costa Rica (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $3,059 per ton, surging by 34% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.7% 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 +92.7% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Panama.
From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +6.9% per year.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Costa Rica
In 2022, overseas purchases of tanning extracts of vegetable origin; wattle extracts increased by 230% to 9.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a precipitous slump.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts soared to $30K in 2022. In general, imports, however, saw a abrupt descent.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 12.5 | 9.5 | 4.2 | 30.3 | 34.3% |
| South Africa | 17.8 | 7.4 | 1.0 | N/A | -76.3% |
| Brazil | 7.1 | 4.4 | 1.6 | N/A | -52.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 37.4 | 21.3 | 6.9 | 30.3 | -6.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Costa Rica in 2022:
- Panama (9.9 tons)
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