Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore (FOB) - 2022
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore (CIF) - 2022
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore (FOB) - 2022
The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $2,745 per ton in 2022, with an increase of 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($4,710 per ton), while the average price for exports to Argentina ($2,228 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $1,839 per ton, picking up by 3.8% against the previous year. Overall, the import price, however, saw a slight slump. The most prominent rate of growth was recorded in 2013 an increase of 61% against the previous year. As a result, import price reached the peak level of $3,340 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,193 per ton), while the price for Argentina stood at $1,798 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore
Exports of tanning extracts of vegetable origin; quebracho extracts from Singapore expanded significantly to 1.1K tons in 2022, growing by 11% on 2021. Overall, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 14%.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts skyrocketed to $2.9M in 2022. Over the period under review, total exports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 168 | N/A | 68.4 | 1,995 | 128.1% |
| Pakistan | 218 | 176 | 258 | 404 | 22.8% |
| Bangladesh | 1,114 | 820 | 1,543 | 360 | -31.4% |
| China | 1,191 | 547 | N/A | 39.1 | -68.0% |
| Argentina | N/A | N/A | 37.4 | 37.7 | 0.8% |
| Others | 73.9 | 62.6 | 160 | 83.8 | 4.3% |
| Total | 2,765 | 1,605 | 2,067 | 2,920 | 1.8% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Singapore in 2022:
- India (740.6 tons)
- Bangladesh (147.9 tons)
- Pakistan (119.8 tons)
- China (16.9 tons)
- Argentina (16.9 tons)
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore
Imports of tanning extracts of vegetable origin; quebracho extracts into Singapore declined sharply to 281 tons in 2022, which is down by -81.3% on the previous year. Overall, imports showed a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 213% against the previous year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts shrank notably to $516K in 2022. In general, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 222%.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 10.7 | 0.8 | 2.6 | 0.5 | -64.0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 11.0 | 0.8 | 2.7 | 0.5 | -64.3% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Singapore in 2022:
- Argentina (277.2 tons)
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