Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Latvia - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Latvia (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Latvia
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Latvia (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $134 per ton, waning by -92.1% against the previous year. In general, the import price saw a sharp contraction. The most prominent rate of growth was recorded in 2015 an increase of 129%. The import price peaked at $81,000 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Lithuania ($1,588 per ton), while the price for the Netherlands totaled $88 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (-5.6%).
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Latvia
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts imported into Latvia dropped remarkably to 27 tons, waning by -38.8% on 2021. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 4,399,900% against the previous year. As a result, imports reached the peak of 44 tons, and then dropped remarkably in the following year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts contracted significantly to $3.6K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 91,281% against the previous year. As a result, imports attained the peak of $74K, and then plummeted in the following year.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 2.3 | 0% |
| Lithuania | N/A | N/A | 74.0 | 1.3 | -98.2% |
| Others | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Total | 0.6 | 0.1 | 74.0 | 3.6 | 81.7% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Latvia in 2022:
- Netherlands (26.1 tons)
- Lithuania (0.8 tons)
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