Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Japan - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Japan (CIF) - 2024
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Japan (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Japan
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Japan
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Japan (CIF) - 2024
In April 2024, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $2,191 per ton, increasing by 6.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 17% month-to-month. The import price peaked at $2,383 per ton in October 2023; however, from November 2023 to April 2024, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In April 2024, the country with the highest price was Brazil ($2,639 per ton), while the price for South Africa stood at $1,864 per ton.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Brazil (+1.1%).
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Japan (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $2,490 per ton in 2022, waning by -8.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $14,467 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -43.3% per year.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Japan
For the third consecutive year, Japan recorded decline in purchases abroad of tanning extracts of vegetable origin; wattle extracts, which decreased by -0.8% to 969 tons in 2022. In general, imports recorded a deep setback.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts rose rapidly to $2M in 2022. Overall, imports saw a perceptible curtailment.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1,343 | 1,087 | 1,060 | 1,375 | 0.8% |
| South Africa | 870 | 631 | 659 | 592 | -12.0% |
| Others | 27.1 | N/A | N/A | N/A | 0% |
| Total | 2,240 | 1,719 | 1,719 | 1,967 | -4.2% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Japan in 2022:
- Brazil (625.1 tons)
- South Africa (344.1 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Japan
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts exported from Japan soared to 64 tons, picking up by 1,767% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $159K in 2022. Overall, exports saw 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 Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.2 | N/A | N/A | 159 | 826.4% |
| Czech Republic | N/A | N/A | 7.5 | N/A | 0% |
| Others | N/A | N/A | 1.9 | N/A | 0% |
| Total | 0.2 | N/A | 9.3 | 159 | 826.4% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Japan in 2022:
- Norway (63.9 tons)
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