Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary (FOB) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary (CIF) - 2022
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $3,314 per ton in 2022, flattening at the previous year. Over the period under review, the export price, however, saw a noticeable setback. The export price peaked at $3,525 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($4,187 per ton), while the average price for exports to the Netherlands amounted to $2,004 per ton.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.4%).
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $159,693 per ton in 2022, with an increase of 637% against the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 1,330%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
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 Austria ($242,868 per ton), while the price for Italy totaled $25,815 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+35.3%).
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary
In 2022, overseas shipments of tanning extracts of vegetable origin; wattle extracts decreased by -50% to 107 tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 216,685%. As a result, the exports reached the peak of 215 tons, and then shrank rapidly in the following year.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts reduced dramatically to $356K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 203,698%. As a result, the exports reached the peak of $711K, and then dropped markedly in the following year.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Romania | N/A | 629 | 270 | -57.1% |
| Netherlands | 0.3 | 82.6 | 86.1 | 1594.1% |
| Others | N/A | N/A | N/A | 0% |
| Total | 0.3 | 711 | 356 | 3344.8% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Hungary in 2022:
- Romania (64.4 tons)
- Netherlands (42.9 tons)
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary
Imports of tanning extracts of vegetable origin; wattle extracts into Hungary surged to 762 kg in 2022, increasing by 48% on 2021. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,726% against the previous year. As a result, imports attained the peak of 7.1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $122K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | N/A | 114 | 0% |
| Italy | 7.0 | 12.2 | 11.2 | 7.5 | 2.3% |
| Netherlands | N/A | 17.9 | N/A | N/A | 0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 7.6 | 30.1 | 11.2 | 122 | 152.3% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Hungary in 2022:
- Austria (470.0 kg)
- Italy (292.0 kg)
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