Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait (FOB) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait (CIF) - 2022
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $1,065 per ton in 2022, picking up by 2.1% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 decreased by -13.4% against 2017 indices. The growth pace was the most rapid in 2017 an increase of 36%. As a result, the export price attained the peak level of $1,231 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +2.7% per year.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $2,300 per ton, dropping by -3.6% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tanning extracts of vegetable origin; wattle extracts increased by +2.0% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 48%. The import price peaked at $2,628 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.0% per year.
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait
In 2022, exports of tanning extracts of vegetable origin; wattle extracts from Kuwait totaled 25 tons, approximately reflecting 2021. In general, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts rose to $26K in 2022. Overall, exports recorded a noticeable descent.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 28.0 | 26.9 | 25.8 | 26.4 | -1.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.0 | 26.9 | 25.8 | 26.4 | -1.9% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Kuwait in 2022:
- United Arab Emirates (24.8 tons)
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait
After two years of decline, supplies from abroad of tanning extracts of vegetable origin; wattle extracts increased by 42% to 2.6 tons in 2022. In general, imports, however, recorded a deep setback.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts surged to $6.1K in 2022. Overall, imports, however, saw a abrupt downturn.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.0 | 7.7 | 3.3 | 6.1 | -17.8% |
| Others | N/A | N/A | 1.2 | N/A | 0% |
| Total | 11.0 | 7.7 | 4.4 | 6.1 | -17.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Kuwait in 2022:
- United States (2.6 tons)
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