Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bangladesh - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bangladesh (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bangladesh
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bangladesh (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,046 per ton in 2022, rising by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. The import price peaked at $2,527 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($3,717 per ton), while the price for China ($1,795 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bangladesh
Imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses into Bangladesh shrank modestly to 339 tons in 2022, waning by -5% against the previous year's figure. Overall, imports saw a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $694K in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.4% 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 +99.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 78%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 578 | 223 | 219 | 341 | -16.1% |
| India | 6.3 | 47.1 | 268 | 188 | 210.2% |
| Taiwan (Chinese) | N/A | N/A | 38.6 | 136 | 252.3% |
| Singapore | 50.6 | 26.7 | 85.8 | 20.4 | -26.1% |
| Others | 10.4 | 51.1 | 5.8 | 7.6 | -9.9% |
| Total | 645 | 348 | 618 | 694 | 2.5% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Bangladesh in 2022:
- China (190.1 tons)
- India (91.3 tons)
- Taiwan (Chinese) (50.0 tons)
- Singapore (5.5 tons)
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