Price for Tanning Extracts of Vegetable Origin; Wattle Extract in the UK - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in the UK (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in the UK (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in the UK
- Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in the UK
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in the UK (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,525 per ton in 2022, remaining constant against the previous year. In general, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15%. Over the period under review, average import prices reached the peak figure at $1,954 per ton in 2013; however, from 2014 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 ($2,462 per ton), while the price for South Africa ($1,316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.6%), while the prices for the other major suppliers experienced a decline.
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in the UK (FOB) - 2022
In 2022, the average export price for tanning extracts of vegetable origin; wattle extracts amounted to $1,441 per ton, which is down by -41.8% against the previous year. In general, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2014 an increase of 131%. As a result, the export price attained the peak level of $4,850 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,773 per ton), while the average price for exports to Algeria amounted to $1,256 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in the UK
In 2022, approx. 293 tons of tanning extracts of vegetable origin; wattle extracts were imported into the UK; picking up by 16% compared with the year before. In general, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 46%.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts soared to $447K in 2022. Overall, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 444 | 144 | 281 | 316 | -10.7% |
| Brazil | 37.8 | 118 | 85.0 | 110 | 42.8% |
| United States | N/A | 5.5 | 13.1 | 14.7 | 63.5% |
| Argentina | 41.8 | N/A | N/A | N/A | 0% |
| Others | 4.5 | 1.6 | 6.7 | 5.7 | 8.2% |
| Total | 528 | 269 | 386 | 447 | -5.4% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to the UK in 2022:
- South Africa (240.4 tons)
- Brazil (44.6 tons)
- United States (6.5 tons)
Exports of Tanning Extracts of Vegetable Origin; Wattle Extract in the UK
Exports of tanning extracts of vegetable origin; wattle extracts from the UK was estimated at 89 tons in 2022, approximately reflecting the previous year's figure. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,430% against the previous year. As a result, the exports reached the peak of 160 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tanning extracts of vegetable origin; wattle extracts shrank sharply to $128K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,217% against the previous year. As a result, the exports attained the peak of $300K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Tanning Extracts of Vegetable Origin; Wattle Extract in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | N/A | 156 | 71.4 | 88.3 | -24.8% |
| Germany | N/A | N/A | N/A | 31.0 | 0% |
| Kazakhstan | N/A | 112 | 96.4 | N/A | -13.9% |
| Qatar | 8.4 | 25.9 | N/A | N/A | 208.3% |
| Others | 14.4 | 7.1 | 49.5 | 8.7 | -15.5% |
| Total | 22.8 | 300 | 217 | 128 | 77.7% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Wattle Extract from the UK in 2022:
- Algeria (70.3 tons)
- Germany (17.5 tons)
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