Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Indonesia - 2022

Contents:

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

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

The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $1,725 per ton in 2022, dropping by -13.2% against the previous year. Overall, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $2,181 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($2,605 per ton), while the price for India ($1,101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $1,529 per ton in 2022, approximately equating the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 98%. Over the period under review, the average export prices hit record highs at $4,372 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,489 per ton), while the average price for exports to China ($1,009 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 (-7.3%), while the prices for the other major destinations experienced a decline.

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

For the third year in a row, Indonesia recorded decline in purchases abroad of tanning extracts of vegetable origin; quebracho extracts, which decreased by -38.4% to 39 tons in 2022. Overall, imports continue to indicate a dramatic downturn. The smallest decline of -12.9% was in 2021.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts shrank remarkably to $67K in 2022. In general, imports saw a dramatic decline. The smallest decline of -15.5% was in 2021.

Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa19.418.515.812.2-14.3%
Italy42.231.432.911.8-34.6%
India24.816.221.211.7-22.2%
Argentina50.415.711.87.9-46.1%
Malaysia4.912.67.83.8-8.1%
Thailand2.02.54.13.115.7%
United States20.06.84.62.6-49.3%
Singapore30.115.97.61.8-60.9%
Others40.227.618.811.8-33.5%
Total23414712466.6-34.2%

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

  1. India (10.7 tons)
  2. South Africa (8.3 tons)
  3. Argentina (7.1 tons)
  4. Italy (6.2 tons)
  5. Malaysia (1.8 tons)
  6. Thailand (1.4 tons)
  7. Singapore (1.0 tons)
  8. United States (1.0 tons)

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

In 2022, approx. 11 tons of tanning extracts of vegetable origin; quebracho extracts were exported from Indonesia; which is down by -46.9% on 2021 figures. Over the period under review, exports saw a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 329%. As a result, the exports attained the peak of 21 tons, and then dropped significantly in the following year.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts fell dramatically to $17K in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 143%. As a result, the exports attained the peak of $33K, and then contracted rapidly in the following year.

Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.37.629.010.2-6.0%
United StatesN/AN/AN/A6.20%
Malaysia4.62.33.70.3-59.7%
AustraliaN/A3.6N/AN/A0%
Others0.6N/AN/A0.5-5.9%
Total17.413.432.617.1-0.6%

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

  1. China (10.1 tons)
  2. United States (1.0 tons)
  3. Malaysia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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