Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Serbia - 2024

Contents:

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

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

In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $2,301 per ton, growing by 2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2013 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $3,014 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to +18.0% per year.

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

Imports of tanning extracts of vegetable origin; wattle extracts into Serbia soared to 71 tons in 2022, increasing by 42% compared with the previous year's figure. Overall, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of tanning extracts of vegetable origin; wattle extracts soared to $164K in 2022. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 98%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil66.327.167.616335.0%
Germany42.015.439.4N/A-3.1%
Others4.514.66.00.8-43.8%
Total11357.211316413.2%

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

  1. Brazil (71.0 tons)

Source: IndexBox Market Intelligence Platform

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