Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Russia - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Russia (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Russia (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Russia
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Russia
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Russia (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $1,754 per ton, with an increase of 16% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,906 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,487 per ton), while the price for India ($1,399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Russia (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $1,992 per ton in 2022, picking up by 5.8% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. As a result, the export price reached the peak level of $2,312 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($2,011 per ton), while the average price for exports to Kyrgyzstan ($1,375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Russia
After three years of growth, supplies from abroad of tanning extracts of vegetable origin; wattle extracts decreased by -1.6% to 906 tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 +52.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 36% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts rose notably to $1.6M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 290 | 264 | 412 | 832 | 42.1% |
| India | 20.9 | 109 | 214 | 403 | 168.2% |
| Germany | N/A | N/A | N/A | 291 | 0% |
| Brazil | 468 | 646 | 634 | 36.9 | -57.1% |
| Lithuania | 18.1 | 78.7 | N/A | N/A | 334.8% |
| South Africa | 124 | 374 | 121 | N/A | -1.2% |
| Others | 58.0 | 75.4 | 10.8 | 26.5 | -23.0% |
| Total | 979 | 1,547 | 1,392 | 1,589 | 17.5% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Russia in 2022:
- Turkey (480.4 tons)
- India (288.0 tons)
- Germany (116.8 tons)
- Brazil (19.6 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Russia
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts exported from Russia contracted to 64 tons, reducing by -10.8% compared with the year before. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 27%.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts dropped to $127K in 2022. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 36.3 | 12.0 | 4.4 | 123 | 50.2% |
| Ukraine | N/A | 4.3 | 3.5 | 2.5 | -23.8% |
| Kyrgyzstan | N/A | 2.3 | N/A | 1.9 | -9.1% |
| Kenya | N/A | N/A | 27.2 | N/A | 0% |
| Uzbekistan | 25.3 | 23.0 | 9.2 | N/A | -39.7% |
| Belarus | 156 | 78.1 | 90.3 | N/A | -23.9% |
| Others | 3.2 | N/A | N/A | N/A | 0% |
| Total | 220 | 120 | 135 | 127 | -16.7% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Russia in 2022:
- Kazakhstan (61.0 tons)
- Ukraine (1.4 tons)
- Kyrgyzstan (1.4 tons)
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