Price for Monophenols; Cresols and Their Salts in Bangladesh - 2022
Contents:
- Price for Monophenols; Cresols and Their Salts in Bangladesh (CIF) - 2022
- Imports of Monophenols; Cresols and Their Salts in Bangladesh
Price for Monophenols; Cresols and Their Salts in Bangladesh (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $8,988 per ton, shrinking by -63.1% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 102% against the previous year. The import price peaked at $24,383 per ton in 2021, and then shrank notably in the following year.
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 Denmark ($155,170 per ton), while the price for Germany ($3,660 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+42.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Monophenols; Cresols and Their Salts in Bangladesh
In 2022, purchases abroad of monophenols; cresols and their saltses increased by 196% to 18 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, monophenols; cresols and their salts imports expanded markedly to $161K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Monophenols; Cresols and Their Salts in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.0 | 15.0 | 2.7 | 53.0 | 198.1% |
| Poland | 30.7 | 16.1 | 58.6 | 49.1 | 16.9% |
| India | 8.5 | 61.2 | 58.7 | 42.4 | 70.9% |
| China | 21.7 | 7.2 | 11.1 | N/A | -28.5% |
| Others | 14.3 | 18.0 | 16.5 | 16.4 | 4.7% |
| Total | 77.2 | 117 | 148 | 161 | 27.8% |
Top Suppliers of Monophenols; Cresols and Their Salts to Bangladesh in 2022:
- Germany (14.5 tons)
- Poland (1.8 tons)
- India (1.5 tons)
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