Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Ecuador - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Ecuador (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Ecuador
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Ecuador (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $2,690 per ton in 2022, rising by 32% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($2,763 per ton), while the price for Brazil amounted to $2,685 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.0%).
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Ecuador
In 2022, after two years of decline, there was significant growth in purchases abroad of tanning extracts of vegetable origin; wattle extracts, when their volume increased by 291% to 96 tons. Overall, imports recorded mild growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $259K in 2022. In general, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 169 | 50.4 | 27.8 | 241 | 12.6% |
| Portugal | 9.5 | 8.1 | 6.4 | 17.9 | 23.5% |
| Peru | N/A | N/A | 15.7 | N/A | 0% |
| Others | 0.3 | 1.9 | 0.3 | 0.1 | -30.7% |
| Total | 179 | 60.4 | 50.2 | 259 | 13.1% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Ecuador in 2022:
- Brazil (89.6 tons)
- Portugal (6.5 tons)
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