Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia - 2024

Contents:

  1. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia (CIF) - 2022
  2. Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia (FOB) - 2022
  3. Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia
  4. Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia

Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia (CIF) - 2022

In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $3,728 per ton, picking up by 70% against the previous year. Overall, the import price enjoyed a resilient expansion. The import price peaked at $4,587 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($3,836 per ton), while the price for the United States amounted to $2,652 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia (FOB) - 2022

The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $2,851 per ton in 2022, growing by 4.1% against the previous year. Overall, the export price, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 437% against the previous year. Over the period under review, the average export prices reached the maximum at $7,144 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($2,893 per ton), while the average price for exports to Singapore amounted to $2,629 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+39.4%).

Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia

In 2022, supplies from abroad of tanning extracts of vegetable origin; quebracho extracts decreased by -62% to 11 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a significant curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 102% against the previous year. As a result, imports reached the peak of 79 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts contracted sharply to $39K in 2022. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 161%. As a result, imports attained the peak of $154K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan10.8N/A24.536.850.5%
United States4.622.52.62.6-17.3%
Argentina4.511531.6N/A165.0%
China27.8N/AN/AN/A0%
Indonesia7.7N/AN/AN/A0%
ItalyN/A12.0N/AN/A0%
Others3.54.52.2N/A-20.7%
Total58.915460.939.4-12.5%

Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Malaysia in 2022:

  1. Japan (9.6 tons)
  2. United States (1.0 tons)

Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia

Exports of tanning extracts of vegetable origin; quebracho extracts from Malaysia surged to 6 tons in 2022, jumping by 107% compared with the year before. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 212%. As a result, the exports attained the peak of 8.9 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts surged to $17K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,574% against the previous year. As a result, the exports reached the peak of $31K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/A20.2N/A14.5-15.3%
Singapore1.8N/A7.92.511.6%
AustraliaN/A10.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.830.97.917.0111.4%

Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Malaysia in 2022:

  1. Indonesia (5.0 tons)
  2. Singapore (1.0 tons)

Source: IndexBox Market Intelligence Platform

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