Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Ukraine - 2024

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Ukraine (CIF) - 2022
  2. Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Ukraine

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

The average import price for tanning extracts of vegetable origin; wattle extracts stood at $2,020 per ton in 2022, surging by 21% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $2,053 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,057 per ton), while the price for India ($1,460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of tanning extracts of vegetable origin; wattle extracts into Ukraine rose markedly to 52 tons in 2022, picking up by 10% compared with the previous year. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. 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 surged to $105K in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil21.124.020.951.434.6%
India26.015.514.642.317.6%
Italy3.94.68.210.036.9%
South Africa3.01.81.00.9-33.1%
Russia3.52.41.70.9-36.4%
Germany13.222.927.2N/A43.5%
Poland3.73.83.6N/A-1.4%
Others1.60.51.8N/A6.1%
Total76.075.579.010511.4%

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

  1. India (29.0 tons)
  2. Brazil (18.9 tons)
  3. Italy (3.5 tons)
  4. Russia (0.5 tons)
  5. South Africa (0.3 tons)

Source: IndexBox Market Intelligence Platform

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