Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Israel - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Israel (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Israel (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Israel
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Israel
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Israel (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $1,295 per ton, reducing by -3.1% against the previous year. Overall, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in 2021 an increase of 15% against the previous year. The import price peaked at $1,864 per ton in 2013; however, from 2014 to 2022, import prices stood 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 ($2,810 per ton), while the price for South Africa ($1,016 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Israel (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $1,882 per ton in 2022, growing by 8.7% against the previous year. Over the last three-year period, it increased at an average annual rate of +4.9%. The most prominent rate of growth was recorded in 2021 an increase of 13%. The export price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From 2019 to 2022, the rate of growth in terms of prices for Vietnam amounted to +4.9% per year.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Israel
In 2022, after three years of growth, there was significant decline in purchases abroad of tanning extracts of vegetable origin; wattle extracts, when their volume decreased by -34.4% to 44 tons. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 221%. As a result, imports attained the peak of 67 tons, and then fell dramatically in the following year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts declined markedly to $57K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 269%. As a result, imports reached the peak of $89K, and then contracted notably in the following year.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 4.5 | 6.1 | 36.6 | 25.7 | 78.7% |
| Brazil | 7.3 | 9.1 | 20.5 | 13.2 | 21.8% |
| United States | 4.5 | 6.1 | 15.8 | 10.6 | 33.1% |
| Turkey | 1.5 | 1.3 | 12.5 | 4.7 | 46.3% |
| India | 1.3 | 1.6 | 3.6 | 2.3 | 20.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.0 | 24.1 | 89.0 | 56.5 | 43.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Israel in 2022:
- South Africa (25.3 tons)
- United States (8.6 tons)
- Brazil (4.7 tons)
- Turkey (3.2 tons)
- India (1.9 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Israel
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts exported from Israel rose sharply to 4.2 tons, picking up by 13% on the previous year. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts surged to $8K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 6.0 | 3.9 | 6.5 | 8.0 | 10.1% |
| China | N/A | 1.0 | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 6.0 | 5.0 | 6.5 | 8.0 | 10.1% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Israel in 2022:
- Vietnam (4.3 tons)
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