Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bangladesh - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bangladesh (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bangladesh
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bangladesh (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates amounted to $1,602 per ton, therefore, remained relatively stable against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 41%. The import price peaked at $1,643 per ton in 2012; afterwards, it flattened through to 2022.
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 United States ($2,067 per ton), while the price for South Korea ($568 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bangladesh
After three years of growth, supplies from abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -26.5% to 674 tons in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 78% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates dropped notably to $1.1M in 2022. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 103% against the previous year. As a result, imports reached the peak of $1.4M, and then fell remarkably in the following year.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 241 | 397 | 818 | 452 | 23.3% |
China | 62.7 | 193 | 384 | 364 | 79.7% |
Malaysia | 4.1 | 7.9 | 20.3 | 118 | 206.5% |
United Arab Emirates | 9.5 | 11.1 | 109 | 89.3 | 111.0% |
India | 0.3 | 3.0 | 39.0 | 30.6 | 367.2% |
South Korea | 30.8 | 20.9 | 9.7 | 8.1 | -35.9% |
Others | 56.1 | 78.8 | 67.1 | 16.8 | -33.1% |
Total | 404 | 712 | 1,447 | 1,079 | 38.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Bangladesh in 2022:
- Singapore (253.4 tons)
- China (220.5 tons)
- Malaysia (87.8 tons)
- United Arab Emirates (70.4 tons)
- India (18.9 tons)
- South Korea (14.2 tons)
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