Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $2,219 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 20% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,817 per ton), while the price for India ($692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $1,653 per ton in 2022, remaining constant against the previous year. Overall, the export price recorded a slight setback. The growth pace was the most rapid in 2017 an increase of 139% against the previous year. As a result, the export price reached the peak level of $5,981 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2,324 per ton), while the average price for exports to Fiji totaled $1,236 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore
In 2022, supplies from abroad of tanning extracts of vegetable origin; wattle extracts decreased by 0% to 6.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts amounted to $15K in 2022. Over the period under review, imports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 12.6 | 0% |
| South Africa | 0.3 | N/A | N/A | 1.3 | 63.0% |
| India | 0.3 | N/A | N/A | 0.3 | 0.0% |
| United States | N/A | N/A | N/A | 0.3 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.6 | N/A | N/A | 14.6 | 189.8% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Singapore in 2022:
- France (5.6 tons)
- India (0.5 tons)
- South Africa (0.3 tons)
- United States (0.1 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore
In 2022, after two years of decline, there was decline in shipments abroad of tanning extracts of vegetable origin; wattle extracts, when their volume decreased by 0% to 1.2 tons. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts amounted to $1.9K in 2022. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Singapore (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 1,046 | 0% |
| Fiji | 451 | N/A | N/A | 896 | 25.7% |
| New Zealand | 494 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 945 | N/A | N/A | 1,942 | 27.1% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Singapore in 2022:
- Fiji (725.0 kg)
- Malaysia (450.0 kg)
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