Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Peru - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Peru (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Peru (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Peru
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Peru
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Peru (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $1,904 per ton, increasing by 5.3% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 9.7% against the previous year. The import price peaked at $1,911 per ton in 2013; afterwards, it flattened through to 2022.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,252 per ton), while the price for South Africa ($1,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Peru (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $1,888 per ton in 2022, shrinking by -11.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 25%. Over the period under review, the average export prices hit record highs at $2,132 per ton in 2021, and then dropped in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +37.2% per year.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Peru
Imports of tanning extracts of vegetable origin; wattle extracts into Peru skyrocketed to 289 tons in 2022, increasing by 20% compared with 2021. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $549K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +108.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 65%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 197 | 160 | 229 | 353 | 21.5% |
| Brazil | 266 | 93.1 | 192 | 164 | -14.9% |
| India | 8.5 | 9.5 | 11.1 | 32.3 | 56.0% |
| Others | 1.9 | 1.0 | 1.9 | N/A | 0.0% |
| Total | 473 | 263 | 434 | 549 | 5.1% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Peru in 2022:
- South Africa (198.6 tons)
- Brazil (72.9 tons)
- India (17.1 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Peru
In 2022, overseas shipments of tanning extracts of vegetable origin; wattle extracts increased by 150% to 18 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a significant decrease.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts surged to $33K in 2022. In general, exports, however, showed a sharp downturn.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.7 | 51.2 | 9.8 | 32.9 | 13.2% |
| Ecuador | N/A | N/A | 5.1 | N/A | 0% |
| Slovakia | 13.4 | N/A | N/A | N/A | 0% |
| Italy | 51.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 87.4 | 51.2 | 14.9 | 33.0 | -27.7% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Peru in 2022:
- China (17.5 tons)
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