Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in South Africa - 2024

Contents:

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

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

The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $1,989 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 16%. Over the period under review, average import prices reached the maximum at $2,190 per ton in 2015; however, from 2016 to 2022, 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 ($8,145 per ton), while the price for Antigua and Barbuda ($1,503 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.4%).

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

In 2022, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $2,824 per ton, increasing by 80% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 144%. As a result, the export price attained the peak level of $5,558 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($12,621 per ton), while the average price for exports to Lesotho ($1,241 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 Mozambique (+32.8%), while the prices for the other major destinations experienced a decline.

Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in South Africa

In 2022, imports of tanning extracts of vegetable origin; quebracho extracts into South Africa skyrocketed to 500 tons, jumping by 17% against 2021. Overall, imports, however, showed a pronounced curtailment.

In value terms, imports of tanning extracts of vegetable origin; quebracho extracts surged to $994K in 2022. Over the period under review, imports saw a relatively flat trend pattern. 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 South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina931804704910-0.8%
Italy35.044.553.754.015.6%
Antigua and BarbudaN/AN/AN/A29.80%
Others4.07.87.30.1-70.8%
Total9708577659940.8%

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

  1. Argentina (473.2 tons)
  2. Antigua and Barbuda (19.8 tons)
  3. Italy (6.6 tons)

Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in South Africa

In 2022, overseas shipments of tanning extracts of vegetable origin; quebracho extracts decreased by -98.8% to 239 kg, falling for the second consecutive year after two years of growth. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 1,142%. As a result, the exports reached the peak of 181 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tanning extracts of vegetable origin; quebracho extracts contracted markedly to $675 in 2022. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 1,171% against the previous year. As a result, the exports reached the peak of $240K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MozambiqueN/AN/AN/A0.40%
Lesotho0.20.31.30.20.0%
Namibia17.4237N/A0.1-82.1%
Botswana0.52.0N/AN/A300.0%
ZimbabweN/AN/AN/AN/A0%
IndiaN/AN/A27.7N/A0%
Others0.81.11.2N/A22.5%
Total18.924030.30.7-66.7%

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

  1. Lesotho (133.0 kg)
  2. Namibia (69.0 kg)
  3. Mozambique (29.0 kg)
  4. Zimbabwe (4.0 kg)
  5. Botswana (4.0 kg)

Source: IndexBox Market Intelligence Platform

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