Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $2,011 per ton, rising by 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2021 an increase of 9% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,153 per ton), while the price for South Africa amounted to $1,957 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.8%).
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $1,893 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a sharp shrinkage. The growth pace was the most rapid in 2014 an increase of 1,775%. The export price peaked at $26,067 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($1,900 per ton), while the average price for exports to Panama amounted to $1,519 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (0.0%).
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico
In 2022, overseas purchases of tanning extracts of vegetable origin; wattle extracts decreased by -4.6% to 4.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. As a result, imports attained the peak of 4.7K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts rose modestly to $8.3M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | 3.2 | 6.6 | 5.8 | 34.6% |
| Brazil | 6.9 | 4.8 | 1.4 | 2.5 | -28.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.9 | 8.0 | 8.0 | 8.3 | 6.4% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Mexico in 2022:
- South Africa (3.0K tons)
- Brazil (1.1K tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico
In 2022, exports of tanning extracts of vegetable origin; wattle extracts from Mexico totaled 21 tons, approximately reflecting 2021 figures. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts totaled $40K in 2022. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Mexico (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Nicaragua | N/A | N/A | 38.0 | 0% |
| Panama | N/A | N/A | 1.6 | 0% |
| Others | 1.6 | N/A | 0.3 | -56.7% |
| Total | 1.6 | N/A | 39.9 | 399.4% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Mexico in 2022:
- Nicaragua (20.0 tons)
- Panama (1.1 tons)
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