Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Paraguay - 2024
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Paraguay (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Paraguay
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Paraguay (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; wattle extracts amounted to $2,216 per ton, surging by 19% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +4.3% per year.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Paraguay
Imports of tanning extracts of vegetable origin; wattle extracts into Paraguay fell rapidly to 23 tons in 2022, with a decrease of -48.4% compared with the year before. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of 45 tons, and then fell notably in the following year.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts reduced rapidly to $51K in 2022. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $83K, and then contracted sharply in the following year.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 58.6 | 58.4 | 83.2 | 51.2 | -4.4% |
| Others | 4.0 | N/A | N/A | N/A | 0% |
| Total | 62.6 | 58.4 | 83.2 | 51.2 | -6.5% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Paraguay in 2022:
- Brazil (23.1 tons)
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