Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala - 2023
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala (CIF) - 2022
The average import price for tanning extracts of vegetable origin; quebracho extracts stood at $2,494 per ton in 2022, picking up by 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($3,153 per ton), while the price for Peru ($2,102 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala (FOB) - 2022
In 2022, the average export price for tanning extracts of vegetable origin; quebracho extracts amounted to $3,435 per ton, rising by 26% against the previous year. Over the period under review, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($5,328 per ton), while the average price for exports to El Salvador totaled $3,260 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala
In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts imported into Guatemala reduced to 342 tons, with a decrease of -5.9% on 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.5% 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 +49.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, imports attained the peak of 363 tons, and then shrank in the following year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts skyrocketed to $852K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +90.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 389 | 375 | 512 | 548 | 12.1% |
| Peru | 60.6 | 48.4 | 148 | 254 | 61.2% |
| India | 35.4 | N/A | 25.6 | 31.6 | -3.7% |
| Mexico | 87.6 | 21.3 | 47.5 | 17.9 | -41.1% |
| Others | 6.8 | 1.3 | 0.3 | N/A | -79.0% |
| Total | 580 | 446 | 734 | 852 | 13.7% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Guatemala in 2022:
- Argentina (201.3 tons)
- Peru (120.9 tons)
- India (13.7 tons)
- Mexico (5.7 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala
In 2022, exports of tanning extracts of vegetable origin; quebracho extracts from Guatemala contracted markedly to 7.7 tons, which is down by -74.1% compared with the previous year's figure. Over the period under review, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1,387%. As a result, the exports attained the peak of 30 tons, and then reduced sharply in the following year.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts declined sharply to $26K in 2022. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,250% against the previous year. As a result, the exports reached the peak of $81K, and then dropped sharply in the following year.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 20.6 | 3.2 | 31.3 | 22.9 | 3.6% |
| Honduras | 16.7 | 2.9 | 1.2 | 3.5 | -40.6% |
| Nicaragua | N/A | N/A | 48.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 37.2 | 6.0 | 81.3 | 26.4 | -10.8% |
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Guatemala in 2022:
- El Salvador (7.0 tons)
- Honduras (0.7 tons)
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