Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Nepal - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Nepal (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Nepal
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Nepal (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $2,299 per ton in 2022, rising by 9.7% against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 64%. The import price peaked in 2022 and is likely to continue growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.8% per year.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Nepal
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts imported into Nepal shrank significantly to 3.4 tons, with a decrease of -48.6% on the year before. In general, imports saw a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 18%.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts shrank notably to $7.7K in 2022. Over the period under review, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 when imports increased by 29%.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 19.0 | 10.6 | 13.7 | 7.7 | -26.0% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 19.9 | 10.6 | 13.7 | 7.7 | -27.1% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Nepal in 2022:
- India (3.4 tons)
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