Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Vietnam - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Vietnam (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Vietnam
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Vietnam (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $1,727 per ton in 2022, increasing by 2.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12%. The import price peaked at $1,815 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($1,727 per ton), while the price for South Africa totaled $1,727 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.5%).
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Vietnam
In 2022, the amount of tanning extracts of vegetable origin; wattle extracts imported into Vietnam shrank significantly to 481 tons, reducing by -15.3% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 5.8% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts contracted to $831K in 2022. In general, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 5.3%.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 744 | 512 | 581 | 607 | -6.6% |
| South Africa | 268 | 367 | 329 | 221 | -6.2% |
| Others | 23.1 | 32.4 | 50.1 | 2.9 | -49.9% |
| Total | 1,035 | 912 | 960 | 831 | -7.1% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Vietnam in 2022:
- Brazil (351.4 tons)
- South Africa (128.2 tons)
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