Phenols; Phenol-Alcohols Price in Bangladesh - 2022
Contents:
- Phenols; Phenol-Alcohols Price in Bangladesh (CIF) - 2022
- Phenols; Phenol-Alcohols Imports in Bangladesh
Phenols; Phenol-Alcohols Price in Bangladesh (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $4,310 per ton, declining by -5.2% against the previous year. Overall, the import price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2018 an increase of 81%. The import price peaked at $4,579 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 the UK ($22,434 per ton), while the price for Belgium ($1,083 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Bangladesh
In 2022, purchases abroad of phenols; phenol-alcoholses increased by 9.3% to 458 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep reduction.
In value terms, phenols; phenol-alcohols imports rose slightly to $2M in 2022. In general, imports, however, recorded a deep slump.
| Import of Phenols; Phenol-Alcohols in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,097 | 923 | 888 | 785 | -10.6% |
| South Korea | 309 | 180 | 184 | 341 | 3.3% |
| Taiwan (Chinese) | 160 | 90.0 | 22.9 | 157 | -0.6% |
| China | 311 | 67.3 | 196 | 136 | -24.1% |
| South Africa | 65.3 | 82.9 | 85.3 | 101 | 15.6% |
| Indonesia | 24.2 | 36.9 | 20.8 | 28.7 | 5.8% |
| United Arab Emirates | 25.8 | 24.9 | 23.5 | 25.6 | -0.3% |
| Belgium | 164 | 26.8 | 0.4 | 0.4 | -86.5% |
| Others | 493 | 611 | 482 | 397 | -7.0% |
| Total | 2,650 | 2,043 | 1,902 | 1,973 | -9.4% |
Top Suppliers of Phenols; Phenol-Alcohols to Bangladesh in 2022:
- South Korea (159.6 tons)
- India (87.2 tons)
- Taiwan (Chinese) (76.7 tons)
- South Africa (51.1 tons)
- China (32.7 tons)
- Indonesia (14.3 tons)
- United Arab Emirates (12.8 tons)
- Belgium (0.4 tons)
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