Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania - 2024

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania (FOB) - 2022
  2. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania (CIF) - 2022
  3. Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania
  4. Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania

Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania (FOB) - 2022

In 2022, the average export price for tanning extracts of vegetable origin; wattle extracts amounted to $4,185 per ton, increasing by 11% against the previous year. In general, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2018 when the average export price increased by 3,947%. As a result, the export price attained the peak level of $64,744 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2013 to 2022, the rate of growth in terms of prices for Estonia amounted to -15.1% per year.

Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania (CIF) - 2022

In 2021, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $1,369 per ton, dropping by -98.4% against the previous year. In general, the import price recorded a deep reduction. The growth pace was the most rapid in 2020 when the average import price increased by 3,368% against the previous year. As a result, import price attained the peak level of $84,311 per ton, and then contracted sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for Poland amounted to +8.3% per year.

Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania

Exports of tanning extracts of vegetable origin; wattle extracts from Lithuania skyrocketed to 9.9 tons in 2022, rising by 1,626% on 2021. Over the period under review, exports continue to indicate a significant expansion.

In value terms, exports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $41K in 2022. Overall, exports recorded a strong expansion.

Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia18.178.72.141.331.7%
Mongolia6.0N/AN/AN/A0%
PolandN/A1.7N/AN/A0%
Others0.2N/AN/AN/A0%
Total24.380.42.141.319.3%

Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Lithuania in 2022:

  1. Russia (9.9 tons)

Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania

Imports of tanning extracts of vegetable origin; wattle extracts into Lithuania soared to 7 tons in 2021, with an increase of 650% on the year before. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tanning extracts of vegetable origin; wattle extracts fell rapidly to $9.6K in 2021. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,804%. As a result, imports attained the peak of $79K, and then shrank dramatically in the following year.

Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Lithuania (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
IndiaN/AN/A9.60%
France4.1N/AN/A0%
ItalyN/A78.7N/A0%
OthersN/AN/AN/A0%
Total4.178.79.653.0%

Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Lithuania in 2022:

  1. India (7.0 tons)

Source: IndexBox Market Intelligence Platform

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