Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman (CIF) - 2022
- Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman (FOB) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman
- Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman (CIF) - 2022
In 2022, the average import price for tanning extracts of vegetable origin; quebracho extracts amounted to $3,587 per ton, surging by 7.1% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tanning extracts of vegetable origin; quebracho extracts decreased by -36.2% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 68% against the previous year. As a result, import price reached the peak level of $5,624 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,444 per ton), while the price for Saudi Arabia ($773 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.9%), while the prices for the other major suppliers experienced a decline.
Price for Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman (FOB) - 2022
The average export price for tanning extracts of vegetable origin; quebracho extracts stood at $1,893 per ton in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $1,901 per ton in 2021, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for Yemen.
From 2021 to 2022, the rate of growth in terms of prices for Yemen amounted to -0.4% per year.
Imports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman
In 2022, purchases abroad of tanning extracts of vegetable origin; quebracho extracts decreased by -31% to 7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 197% against the previous year. As a result, imports attained the peak of 10 tons, and then declined notably in the following year.
In value terms, imports of tanning extracts of vegetable origin; quebracho extracts declined significantly to $25K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 140% against the previous year. As a result, imports attained the peak of $34K, and then declined remarkably in the following year.
| Import of Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.1 | 2.5 | 2.9 | 18.0 | 153.9% |
| United Arab Emirates | 6.6 | 11.7 | 0.3 | 5.8 | -4.2% |
| Saudi Arabia | N/A | N/A | 30.7 | 1.4 | -95.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 14.1 | 34.0 | 25.1 | 47.6% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Quebracho Extract to Oman in 2022:
- United States (2.8 tons)
- United Arab Emirates (2.4 tons)
- Saudi Arabia (1.8 tons)
Exports of Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman
In 2022, the amount of tanning extracts of vegetable origin; quebracho extracts exported from Oman reduced to 8.5 tons, waning by -14.8% against the year before. Overall, exports recorded a abrupt slump.
In value terms, exports of tanning extracts of vegetable origin; quebracho extracts shrank rapidly to $16K in 2022. Over the period under review, exports continue to indicate a abrupt contraction.
| Export of Tanning Extracts of Vegetable Origin; Quebracho Extract in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Yemen | 19.1 | 16.2 | -15.2% | ||
| Others | N/A | N/A | 0% | ||
| Total | 19.1 | 16.2 | -15.2% | ||
Top Export Markets for Tanning Extracts of Vegetable Origin; Quebracho Extract from Oman in 2022:
- Yemen (8.5 tons)
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