Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in India - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in India (CIF) - 2023
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in India (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in India
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in India
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in India (CIF) - 2023
In July 2023, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,219 per ton, declining by -5% against the previous month. Over the period under review, the import price showed a noticeable decline. The most prominent rate of growth was recorded in May 2023 an increase of 19% m-o-m. Over the period under review, average import prices attained the peak figure at $2,674 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was France ($2,860 per ton), while the price for Argentina ($2,187 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in India (FOB) - 2022
In 2022, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $1,554 per ton, growing by 16% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 40%. As a result, the export price reached the peak level of $2,064 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($1,630 per ton), while the average price for exports to Bangladesh ($1,078 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 Russia (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in India
In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts imported into India surged to 2.1K tons, picking up by 24% compared with 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts soared to $5M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2020 indices. 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1,783 | 1,936 | 2,279 | 2,697 | 14.8% |
| Switzerland | 1,317 | 745 | 1,241 | 2,009 | 15.1% |
| Italy | 90.4 | 112 | 75.9 | 130 | 12.9% |
| France | 208 | 104 | 88.6 | 67.5 | -31.3% |
| Others | 133 | 32.4 | 118 | 82.7 | -14.6% |
| Total | 3,532 | 2,929 | 3,803 | 4,986 | 12.2% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to India in 2022:
- Argentina (1162.4 tons)
- Switzerland (838.8 tons)
- Italy (71.1 tons)
- France (28.8 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in India
In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts exported from India totaled 785 tons, increasing by 4.9% against 2021. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 32%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts surged to $1.2M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.2% 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 +57.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 473 | 471 | 596 | 808 | 19.5% |
| Russia | 99.6 | 159 | 44.7 | 70.2 | -11.0% |
| South Korea | 52.8 | 33.7 | 51.1 | 55.9 | 1.9% |
| Ukraine | 80.7 | 28.0 | 53.7 | 51.5 | -13.9% |
| Indonesia | 39.6 | 27.8 | 44.6 | 44.5 | 4.0% |
| Turkey | 16.5 | 1.3 | 0.8 | 42.2 | 36.8% |
| Peru | N/A | 3.3 | 9.4 | 37.8 | 238.4% |
| Romania | N/A | N/A | N/A | 36.6 | 0% |
| Uzbekistan | 11.6 | 4.2 | 12.6 | 16.4 | 12.2% |
| Bangladesh | 1.3 | 31.9 | 115 | 14.2 | 121.9% |
| China | 39.8 | N/A | 38.0 | N/A | -2.3% |
| Others | 149 | 17.3 | 35.2 | 42.9 | -34.0% |
| Total | 964 | 777 | 1,001 | 1,221 | 8.2% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from India in 2022:
- Italy (496.7 tons)
- Russia (45.1 tons)
- Ukraine (42.4 tons)
- South Korea (36.6 tons)
- Romania (29.6 tons)
- Indonesia (29.6 tons)
- Turkey (27.5 tons)
- Peru (23.2 tons)
- Bangladesh (13.1 tons)
- Uzbekistan (12.2 tons)
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The growth rate in January 2023 was the fastest, with a month-on-month increase of 38%. In terms of value, imports of Vegetable Tanning Extracts decreased to $6.5M in October 2023.
369
In September 2022, the vegetable tanning extracts price stood at $2,426 per ton (CIF, India), stabilizing at the previous month.
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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...
133
The growth rate in January 2023 was the fastest, with a month-on-month increase of 38%. In terms of value, imports of Vegetable Tanning Extracts decreased to $6.5M in October 2023.
369
In September 2022, the vegetable tanning extracts price stood at $2,426 per ton (CIF, India), stabilizing at the previous month.
1336
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...
1250
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...
