Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bangladesh - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bangladesh (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bangladesh
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bangladesh (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,550 per ton, picking up by 9.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. As a result, import price reached the peak level of $1,734 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,580 per ton), while the price for China ($1,352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bangladesh
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -41.2% to 569 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 15%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses dropped sharply to $831K in 2022. Overall, imports showed a abrupt slump. The smallest decline of -1.2% was in 2020.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 621 | 387 | 687 | 625 | 0.2% |
| Netherlands | 32.1 | 73.0 | N/A | 105 | 48.4% |
| Belgium | 498 | 856 | 636 | 79.6 | -45.7% |
| India | 157 | 121 | 49.5 | 22.4 | -47.7% |
| Germany | 127 | 0.2 | N/A | N/A | -99.8% |
| Others | 49.9 | 30.3 | N/A | N/A | -39.3% |
| Total | 1,484 | 1,467 | 1,373 | 831 | -17.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Bangladesh in 2022:
- China (462.0 tons)
- Belgium (50.6 tons)
- Netherlands (50.0 tons)
- India (6.3 tons)
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