Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,796 per ton in 2022, picking up by 5.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $1,869 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,311 per ton), while the price for South Africa ($1,572 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala (FOB) - 2022
In 2022, the average export price for tanning extracts of vegetable origin; wattle extracts amounted to $2,866 per ton, growing by 16% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tanning extracts of vegetable origin; wattle extracts increased by +44.5% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 32%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belize ($2,927 per ton), while the average price for exports to Honduras totaled $2,830 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala
In 2022, imports of tanning extracts of vegetable origin; wattle extracts into Guatemala contracted rapidly to 247 tons, with a decrease of -26.2% compared with the previous year's figure. Over the period under review, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports attained the peak of 334 tons, and then reduced dramatically in the following year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts shrank rapidly to $443K in 2022. Overall, imports showed a slight curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $571K, and then fell significantly in the following year.
Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 26.8 | 53.6 | 141 | 266 | 114.9% |
Brazil | 335 | 331 | 362 | 145 | -24.4% |
India | 10.4 | N/A | 25.6 | 32.1 | 45.6% |
El Salvador | 69.1 | 45.0 | 42.1 | N/A | -21.9% |
Others | 27.6 | N/A | N/A | N/A | 0% |
Total | 468 | 430 | 571 | 443 | -1.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Guatemala in 2022:
- South Africa (169.0 tons)
- Brazil (63.8 tons)
- India (13.9 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala
Exports of tanning extracts of vegetable origin; wattle extracts from Guatemala surged to 6.4 tons in 2022, increasing by 71% against the year before. In general, exports enjoyed a buoyant increase. 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 $18K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 2.5 | 2.5 | N/A | 11.3 | 65.3% |
Belize | 6.2 | 3.5 | 9.3 | 7.1 | 4.6% |
El Salvador | 0.8 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.5 | 6.0 | 9.3 | 18.4 | 24.7% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Guatemala in 2022:
- Honduras (4.0 tons)
- Belize (2.4 tons)
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