Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $2,360 per ton, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,425 per ton), while the price for Brazil amounted to $2,318 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden (FOB) - 2022
The average export price for tanning extracts of vegetable origin; wattle extracts stood at $7,033 per ton in 2022, jumping by 31% against the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 161%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +14.2% per year.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts imported into Sweden rose markedly to 196 tons, increasing by 7.3% against the year before. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.5% 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 +79.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts soared to $463K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 104 | 160 | 157 | 289 | 40.6% |
| Germany | 82.3 | 107 | 127 | 172 | 27.9% |
| Norway | 50.4 | N/A | N/A | N/A | 0% |
| Belgium | N/A | N/A | 103 | N/A | 0% |
| Others | 5.0 | 3.0 | 3.0 | 1.9 | -27.6% |
| Total | 241 | 270 | 389 | 463 | 24.3% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Sweden in 2022:
- Brazil (124.7 tons)
- Germany (71.0 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden
In 2022, after two years of decline, there was significant growth in shipments abroad of tanning extracts of vegetable origin; wattle extracts, when their volume increased by 953% to 579 kg. In general, exports, however, showed a dramatic downturn.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $4.1K in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.8 | 1.5 | 0.3 | 4.1 | 72.4% |
| Iceland | 1.3 | N/A | N/A | N/A | 0% |
| Switzerland | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.3 | 1.5 | 0.3 | 4.1 | 21.3% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from Sweden in 2022:
- Norway (579.0 kg)
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