Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Ethiopia - 2022

Contents:

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

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

The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,813 per ton in 2022, surging by 5.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 16%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +0.1% per year.

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

In 2022, imports of tanning extracts of vegetable origin; wattle extracts into Ethiopia skyrocketed to 55 tons, rising by 160% compared with 2021. In general, imports, however, recorded a abrupt decrease.

In value terms, imports of tanning extracts of vegetable origin; wattle extracts soared to $99K in 2022. Over the period under review, imports, however, recorded a abrupt contraction.

Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa16517518.099.0-15.7%
BrazilN/A39.512.6N/A-68.1%
OthersN/AN/A5.4N/A0%
Total16521436.099.0-15.7%

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

  1. South Africa (54.6 tons)

Source: IndexBox Market Intelligence Platform

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