Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Angola - 2022
Contents:
- Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Angola (CIF) - 2022
- Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Angola
Price for Tanning Extracts of Vegetable Origin; Wattle Extract in Angola (CIF) - 2022
The average import price for tanning extracts of vegetable origin; wattle extracts stood at $4,760 per ton in 2022, shrinking by -20.6% against the previous year. Over the period under review, the import price, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 102%. The import price peaked at $5,995 per ton in 2021, and then fell sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($10,986 per ton), while the price for the United States ($3,385 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.7%), while the prices for the other major suppliers experienced a decline.
Imports of Tanning Extracts of Vegetable Origin; Wattle Extract in Angola
In 2022, purchases abroad of tanning extracts of vegetable origin; wattle extracts was finally on the rise to reach 7.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic setback.
In value terms, imports of tanning extracts of vegetable origin; wattle extracts surged to $36K in 2022. Over the period under review, imports, however, continue to indicate a precipitous contraction.
| Import of Tanning Extracts of Vegetable Origin; Wattle Extract in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 0.2 | N/A | 0.8 | 22.8 | 384.9% |
| Namibia | N/A | N/A | N/A | 6.1 | 0% |
| France | N/A | N/A | 0.1 | 3.6 | 3500.0% |
| Belgium | N/A | N/A | N/A | 1.6 | 0% |
| Lebanon | N/A | N/A | N/A | 0.9 | 0% |
| Mozambique | 13.3 | N/A | N/A | N/A | 0% |
| United States | 72.6 | 4.1 | 2.7 | N/A | -80.7% |
| Others | 7.6 | 0.5 | 0.3 | 1.4 | -43.1% |
| Total | 93.8 | 4.7 | 4.0 | 36.4 | -27.1% |
Top Suppliers of Tanning Extracts of Vegetable Origin; Wattle Extract to Angola in 2022:
- Portugal (5.7 tons)
- France (0.9 tons)
- Namibia (0.6 tons)
- Lebanon (0.3 tons)
- Belgium (0.1 tons)
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