Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bangladesh - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bangladesh (CIF) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bangladesh
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bangladesh (CIF) - 2022
In 2022, the average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses amounted to $1,419 per ton, with a decrease of -14% against the previous year. Over the period under review, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. Over the period under review, average import prices reached the peak figure at $2,190 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,386 per ton), while the price for Spain ($625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bangladesh
Imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Bangladesh shrank to 338 tons in 2022, with a decrease of -13.8% against the previous year. Overall, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 38%.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses declined markedly to $480K in 2022. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 107% against the previous year.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 220 | 155 | 256 | 133 | -15.4% |
| India | 233 | 4.7 | 70.3 | 98.2 | -25.0% |
| China | 6.3 | 40.0 | 165 | 97.5 | 149.2% |
| Spain | 8.0 | 0.1 | 18.6 | 71.3 | 107.3% |
| Taiwan (Chinese) | 140 | 91.6 | 136 | 32.8 | -38.4% |
| South Korea | 63.7 | 21.2 | N/A | 31.1 | -21.3% |
| Indonesia | N/A | N/A | N/A | 16.0 | 0% |
| Others | 57.5 | N/A | N/A | N/A | 0% |
| Total | 728 | 313 | 647 | 480 | -13.0% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Bangladesh in 2022:
- Spain (114.1 tons)
- Malaysia (62.7 tons)
- China (62.0 tons)
- India (42.7 tons)
- Taiwan (Chinese) (28.7 tons)
- Indonesia (14.6 tons)
- South Korea (13.0 tons)
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