Cerium Compounds Price in Bangladesh - 2022
Contents:
Cerium Compounds Price in Bangladesh (CIF) - 2022
The average cerium compounds import price stood at $2,347 per ton in 2022, waning by -9.7% against the previous year. Overall, the import price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of 129%. Over the period under review, average import prices attained the maximum at $13,404 per ton in 2018; however, from 2019 to 2022, 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 Japan ($37,511 per ton), while the price for China ($1,099 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.9%), while the prices for the other major suppliers experienced a decline.
Cerium Compounds Imports in Bangladesh
Cerium compounds imports into Bangladesh surged to 12 tons in 2022, rising by 35% compared with 2021. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 93%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cerium compounds imports soared to $27K in 2022. Overall, imports, however, saw a abrupt curtailment.
| Import of Cerium Compounds in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.0 | 17.6 | 10.4 | 11.6 | -3.7% |
| Japan | 17.4 | 7.9 | 4.8 | 8.4 | -21.6% |
| Germany | 5.1 | 3.7 | 4.7 | 4.0 | -7.8% |
| India | 1.6 | 1.0 | 0.3 | 1.4 | -4.4% |
| Others | 1.6 | 2.4 | 2.3 | 2.0 | 7.7% |
| Total | 38.7 | 32.5 | 22.4 | 27.4 | -10.9% |
Top Suppliers of Cerium Compounds to Bangladesh in 2022:
- China (10.5 tons)
- Germany (0.7 tons)
- Japan (0.2 tons)
- India (0.2 tons)
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