Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Bangladesh - 2022
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Bangladesh (CIF) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Bangladesh
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Bangladesh (CIF) - 2022
In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $17,054 per ton, with an increase of 6.7% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -35.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 38%. As a result, import price attained the peak level of $26,488 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($17,210 per ton), while the price for Germany totaled $16,773 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Bangladesh
In 2022, overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -12.9% to 272 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 69%.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped to $4.6M in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 28%.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 0.3 | 0.3 | 4.0 | 171.4% |
| United States | N/A | N/A | 0.1 | 0.6 | 500.0% |
| China | 2.4 | 3.6 | 3.8 | N/A | 25.8% |
| India | 0.6 | 0.2 | 0.4 | N/A | -18.4% |
| United Arab Emirates | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.1 | 0.1 | 0.4 | 0.1 | 0.0% |
| Total | 3.4 | 4.3 | 5.0 | 4.6 | 10.6% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Bangladesh in 2022:
- Germany (236.4 tons)
- United States (33.9 tons)
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