Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Finland - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Finland (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Finland
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Finland (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $2,844 per ton, which is down by -8.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 54% against the previous year. The import price peaked at $9,200 per ton in 2018; however, from 2019 to 2022, 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 Sweden ($2,855 per ton), while the price for Germany stood at $2,739 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-6.9%), while the prices for the other major suppliers experienced a decline.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Finland
For the third year in a row, Finland recorded growth in purchases abroad of tanning extracts of vegetable origin; wattle extracts, which increased by 44% to 16 tons in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 350%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $47K in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 203%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Finland (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Sweden | 11.7 | 35.3 | 42.3 | 90.1% |
| Germany | N/A | N/A | 4.4 | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 11.7 | 35.3 | 46.7 | 99.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Finland in 2022:
- Sweden (14.8 tons)
- Germany (1.6 tons)
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