Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,393 per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 the United States ($4,864 per ton), while the price for Colombia ($474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador (FOB) - 2022
The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $13,314 per ton in 2022, increasing by 13% against the previous year. In general, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 126%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +23.1% per year.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador
In 2022, after two years of decline, there was significant growth in overseas purchases of tanning extracts of vegetable origin; quebracho extracts, when their volume increased by 142% to 93 tons. Over the period under review, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts soared to $222K in 2022. Overall, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 59.1 | 63.1 | 46.0 | 142 | 33.9% |
| United States | 101 | 71.9 | 28.4 | 52.8 | -19.4% |
| Peru | 7.4 | 10.9 | 15.4 | 23.6 | 47.2% |
| Colombia | 0.4 | 0.6 | 0.8 | 1.2 | 44.2% |
| Others | 1.3 | 0.1 | N/A | 2.2 | 19.2% |
| Total | 169 | 147 | 90.6 | 222 | 9.5% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Ecuador in 2022:
- Argentina (61.8 tons)
- Peru (16.9 tons)
- United States (10.9 tons)
- Colombia (2.6 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador
For the third consecutive year, Ecuador recorded decline in shipments abroad of tanning extracts of vegetable origin; quebracho extracts, which decreased by -4% to 1.3 tons in 2022. Over the period under review, exports saw a pronounced curtailment. The smallest decline of -4% was in 2020.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts amounted to $17K in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 13.4 | 14.5 | 15.6 | 16.9 | 8.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.4 | 14.5 | 15.6 | 16.9 | 8.0% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Ecuador in 2022:
- Colombia (1.3 tons)
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In value terms, tanning extracts of vegetable origin imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pat...
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In value terms, tanning extracts of vegetable origin exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patter...
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