Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Bangladesh - 2022
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Bangladesh (CIF) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Bangladesh
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Bangladesh (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $979 per ton, with a decrease of -36.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 125% against the previous year. As a result, import price attained the peak level of $1,551 per ton, and then contracted rapidly in the following year.
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 Turkey ($2,833 per ton), while the price for China ($606 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.0%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Bangladesh
In 2022, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses into Bangladesh soared to 444 tons, increasing by 49% compared with 2021 figures. Overall, imports, however, showed a abrupt shrinkage.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses contracted to $434K in 2022. In general, imports, however, showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 13%.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 206 | 256 | 103 | 222 | 2.5% |
| Turkey | 181 | 97.4 | 258 | 147 | -6.7% |
| India | 188 | 44.7 | 95.9 | 58.0 | -32.4% |
| Others | 15.9 | 8.9 | 4.6 | 8.2 | -19.8% |
| Total | 590 | 407 | 462 | 434 | -9.7% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Bangladesh in 2022:
- China (365.4 tons)
- Turkey (51.8 tons)
- India (21.1 tons)
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