Price for Ethylene Polymers; Waste, Parings and Scrap in Bangladesh - 2022

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Bangladesh (CIF) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Bangladesh (FOB) - 2022
3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Bangladesh
4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Bangladesh

Price for Ethylene Polymers; Waste, Parings and Scrap in Bangladesh (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $399 per ton in 2022, with a decrease of -2.3% against the previous year. In general, the import price saw a perceptible decline. The growth pace was the most rapid in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $618 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 UK ($507 per ton), while the price for Belgium ($155 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ethylene Polymers; Waste, Parings and Scrap in Bangladesh (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $537 per ton, standing approx. at the previous year. In general, the export price showed a slight curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 77%. Over the period under review, the average export prices hit record highs at $645 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($780 per ton), while the average price for exports to Hong Kong SAR ($38 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.0%), while the prices for the other major destinations experienced a decline.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Bangladesh

In 2022, supplies from abroad of ethylene polymers; waste, parings and scraps increased by 2.1% to 1.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp setback.

In value terms, imports of ethylene polymers; waste, parings and scraps shrank to $728K in 2022. Overall, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 0.5%.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Bangladesh in 2022:

1. United States (694.7 tons)
2. Germany (431.2 tons)
3. Netherlands (218.9 tons)
4. United Kingdom (208.1 tons)
5. Chile (67.0 tons)
6. Spain (54.1 tons)
7. Belgium (42.7 tons)
8. Slovenia (23.0 tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Bangladesh

Exports of ethylene polymers; waste, parings and scraps from Bangladesh expanded modestly to 27 tons in 2022, picking up by 3.1% against the year before. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 350%. As a result, the exports reached the peak of 28 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ethylene polymers; waste, parings and scraps rose slightly to $15K in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 520% against the previous year. As a result, the exports attained the peak of $15K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Bangladesh in 2022:

1. Italy (19.7 tons)
2. Vietnam (3.9 tons)
3. China (1.1 tons)
4. United States (1.0 tons)
5. Germany (1.0 tons)
6. Hong Kong SAR (0.4 tons)

Source: IndexBox Market Intelligence Platform