Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Romania - 2023

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Romania (CIF) - 2022
  2. Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Romania

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

The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,380 per ton in 2022, increasing by 1.5% against the previous year. Overall, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $2,923 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 France ($3,019 per ton), while the price for Italy ($1,340 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of tanning extracts of vegetable origin; wattle extracts into Romania dropped rapidly to 78 tons in 2022, declining by -18.2% on 2021 figures. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 6.6% against the previous year.

In value terms, imports of tanning extracts of vegetable origin; wattle extracts fell dramatically to $107K in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11%.

Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10591.6112102-1.0%
France5.32.13.95.40.6%
Greece11.111.49.50.2-73.8%
South Africa5.710.73.5N/A-21.6%
Others18.20.1N/AN/A-99.5%
Total146116129107-9.8%

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

  1. Italy (75.8 tons)
  2. France (1.8 tons)
  3. Greece (0.1 tons)

Source: IndexBox Market Intelligence Platform

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