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

Contents:

1. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Slovakia (CIF) - 2022
2. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Slovakia (FOB) - 2022
3. Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Slovakia
4. Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Slovakia

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

The average import price for tanning extracts of vegetable origin; wattle extracts stood at $848 per ton in 2022, falling by -99.2% against the previous year. In general, the import price saw a deep slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 2,197%. The import price peaked at $100,125 per ton in 2021, and then fell significantly in the following year.

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 Germany ($3,039 per ton), while the price for Poland ($520 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+28.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Slovakia (FOB) - 2022

The average export price for tanning extracts of vegetable origin; wattle extracts stood at $2,346 per ton in 2021, approximately reflecting the previous year. In general, the export price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 13%. Over the period under review, the average export prices reached the peak figure at $2,667 per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2017 to 2021, the rate of growth in terms of prices for Austria amounted to +15.2% per year.

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

Imports of tanning extracts of vegetable origin; wattle extracts into Slovakia soared to 103 tons in 2022, rising by 12,553% against the year before. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tanning extracts of vegetable origin; wattle extracts expanded notably to $88K in 2022. Over the period under review, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 671%. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Hungary (72.4 tons)
2. Poland (29.0 tons)
3. Germany (1.7 tons)

Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Slovakia

In 2021, the amount of tanning extracts of vegetable origin; wattle extracts exported from Slovakia totaled 43 tons, approximately equating the year before. Over the period under review, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of tanning extracts of vegetable origin; wattle extracts amounted to $102K in 2021. Overall, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in the near future.

Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Slovakia in 2022:

1. Austria (43.4 tons)

Source: IndexBox Market Intelligence Platform