Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Germany - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Germany (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Germany (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Germany
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Germany
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Germany (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $1,747 per ton, growing by 8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $1,783 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,188 per ton), while the price for South Africa ($1,097 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Germany (FOB) - 2022
In 2022, the average export price for tanning extracts of vegetable origin; wattle extracts amounted to $2,476 per ton, with an increase of 6% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 7%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($2,665 per ton) and the Czech Republic ($2,531 per ton), while the average price for exports to Sweden ($2,437 per ton) and Russia ($2,441 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Germany
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts imported into Germany declined sharply to 1.6K tons, dropping by -19.2% on the previous year. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of 2K tons, and then reduced notably in the following year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts contracted to $2.8M in 2022. Over the period under review, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $3.2M, and then contracted in the following year.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,343 | 1,650 | 1,725 | 1,578 | -12.3% |
| Portugal | 120 | 287 | 671 | 623 | 73.2% |
| South Africa | 445 | 568 | 619 | 503 | 4.2% |
| Others | 155 | 90.2 | 161 | 75.4 | -21.4% |
| Total | 3,063 | 2,596 | 3,176 | 2,778 | -3.2% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Germany in 2022:
- Brazil (720.9 tons)
- South Africa (458.2 tons)
- Portugal (371.0 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Germany
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts exported from Germany skyrocketed to 382 tons, growing by 48% compared with 2021. Overall, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts surged to $947K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 285 | 0% |
| Poland | 490 | 288 | 313 | 264 | -18.6% |
| Sweden | 77.6 | 78.1 | 109 | 168 | 29.4% |
| Serbia | 70.2 | 30.4 | 62.5 | 78.1 | 3.6% |
| Ukraine | 21.4 | 41.9 | 58.1 | 57.3 | 38.9% |
| Belarus | N/A | N/A | N/A | 36.9 | 0% |
| Czech Republic | 44.4 | 31.0 | 44.4 | 30.4 | -11.9% |
| Others | 32.3 | 18.8 | 15.1 | 27.1 | -5.7% |
| Total | 735 | 488 | 602 | 947 | 8.8% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Germany in 2022:
- Russia (116.8 tons)
- Poland (107.3 tons)
- Sweden (69.0 tons)
- Serbia (31.0 tons)
- Ukraine (21.5 tons)
- Belarus (15.0 tons)
- Czech Republic (12.0 tons)
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