Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bangladesh - 2022
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bangladesh (CIF) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bangladesh
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bangladesh (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $5,591 per ton, waning by -4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 32%. The import price peaked at $7,274 per ton in 2017; however, from 2018 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 Germany ($13,887 per ton), while the price for China ($2,579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced a decline.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bangladesh
Imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into Bangladesh amounted to 172 tons in 2022, picking up by 3.5% compared with the previous year's figure. The total import volume increased at an average annual rate of +13.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, imports reached the peak of 175 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol contracted modestly to $964K in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 15% against the previous year.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 336 | 333 | 354 | 284 | -5.5% |
| China | 66.2 | 122 | 119 | 255 | 56.8% |
| India | 81.3 | 136 | 87.7 | 137 | 19.0% |
| Singapore | 6.9 | 23.6 | 27.8 | 1.9 | -34.9% |
| Others | 341 | 343 | 382 | 286 | -5.7% |
| Total | 831 | 958 | 971 | 964 | 5.1% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Bangladesh in 2022:
- China (98.9 tons)
- India (31.7 tons)
- Germany (20.5 tons)
- Singapore (0.5 tons)
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