Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Spain - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Spain (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Spain (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Spain
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Spain
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Spain (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $1,224 per ton, with a decrease of -6% against the previous year. Overall, the import price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2017 an increase of 22%. The import price peaked at $1,853 per ton in 2012; however, from 2013 to 2022, 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 Brazil ($1,948 per ton), while the price for South Africa amounted to $1,075 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.4%).
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Spain (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $2,032 per ton in 2022, with an increase of 3.2% against the previous year. Overall, the export price showed prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 169%. As a result, the export price reached the peak level of $3,088 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,248 per ton), while the average price for exports to Pakistan ($1,622 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 Portugal (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Spain
In 2022, imports of tanning extracts of vegetable origin; wattle extracts into Spain skyrocketed to 1.9K tons, with an increase of 34% on 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.5% 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 +67.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $2.3M in 2022. In general, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.2% 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 +61.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1,178 | 1,246 | 1,327 | 1,902 | 17.3% |
| Brazil | 773 | 119 | 334 | 212 | -35.0% |
| Others | 228 | 76.3 | 181 | 215 | -1.9% |
| Total | 2,179 | 1,441 | 1,843 | 2,329 | 2.2% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Spain in 2022:
- South Africa (1769.5 tons)
- Brazil (109.1 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Spain
In 2022, exports of tanning extracts of vegetable origin; wattle extracts from Spain declined rapidly to 116 tons, reducing by -45.5% against the year before. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 213 tons, and then declined sharply in the following year.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts shrank remarkably to $236K in 2022. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 319 | 230 | 312 | 136 | -24.7% |
| Mexico | N/A | 125 | 100 | 70.8 | -24.7% |
| Pakistan | N/A | N/A | N/A | 25.6 | 0% |
| Cuba | N/A | 37.1 | N/A | N/A | 0% |
| Others | 34.6 | 3.3 | 7.0 | 3.8 | -52.1% |
| Total | 354 | 396 | 419 | 236 | -12.6% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Spain in 2022:
- Italy (60.3 tons)
- Mexico (37.8 tons)
- Pakistan (15.8 tons)
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