Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Uzbekistan - 2023

Contents:

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

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

The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,526 per ton in 2022, rising by 21% against the previous year. In general, import price indicated a tangible expansion from 2017 to 2022: its price increased at an average annual rate of +2.1% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tanning extracts of vegetable origin; quebracho extracts decreased by -23.6% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 31%. As a result, import price reached the peak level of $3,305 per ton. From 2020 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 Italy ($3,035 per ton), while the price for India ($1,334 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 60 tons of tanning extracts of vegetable origin; quebracho extracts were imported into Uzbekistan; picking up by 9.9% on the previous year. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 94%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts surged to $152K in 2022. Overall, imports, however, saw a relatively flat trend pattern.

Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey10083.194.092.9-2.4%
ItalyN/AN/AN/A38.50%
India22.39.718.620.0-3.6%
Russia29.4N/A1.5N/A-77.4%
OthersN/AN/AN/A0.60%
Total15292.81141520.0%

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

  1. Turkey (32.4 tons)
  2. India (15.0 tons)
  3. Italy (12.7 tons)

Source: IndexBox Market Intelligence Platform

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