Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Venezuela - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Venezuela (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Venezuela
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Venezuela (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,543 per ton in 2022, dropping by -44.5% against the previous year. Over the period under review, the import price showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by 92% against the previous year. As a result, import price reached the peak level of $2,779 per ton, and then shrank markedly 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 Brazil ($1,733 per ton), while the price for South Africa ($1,134 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%), while the prices for the other major suppliers experienced a decline.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Venezuela
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts imported into Venezuela surged to 9.8 tons, picking up by 602% against the previous year's figure. In general, imports saw a significant increase.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts skyrocketed to $15K in 2022. Over the period under review, imports continue to indicate a buoyant expansion.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.4 | 25.4 | 3.7 | 14.7 | 8.8% |
| South Africa | 0.5 | 0.9 | 0.1 | 0.4 | -7.2% |
| Others | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Total | 12.2 | 26.4 | 3.9 | 15.2 | 7.6% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Venezuela in 2022:
- China (9.4 tons)
- South Africa (0.3 tons)
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