Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Bangladesh - 2022
Contents:
- Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Bangladesh (CIF) - 2022
- Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Bangladesh
Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Bangladesh (CIF) - 2022
The average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $1,507 per ton in 2022, declining by -13% against the previous year. In general, the import price continues to indicate a mild decline. The pace of growth was the most pronounced in 2014 an increase of 60%. As a result, import price reached the peak level of $2,245 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,770 per ton), while the price for South Korea ($836 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Bangladesh
In 2022, purchases abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves decreased by -4% to 33 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 54%.
In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves dropped significantly to $50K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports reached the peak of $60K, and then contracted markedly in the following year.
| Import of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 11.0 | 5.3 | 5.4 | 21.1 | 24.3% |
| Singapore | 16.6 | 6.4 | 5.3 | 11.5 | -11.5% |
| India | 1.0 | 0.6 | 0.8 | 4.5 | 65.1% |
| Canada | 1.3 | 0.4 | 0.2 | 1.7 | 9.4% |
| Indonesia | N/A | 27.6 | 19.4 | N/A | -29.7% |
| Others | N/A | N/A | 29.1 | 11.5 | -60.5% |
| Total | 30.0 | 40.4 | 60.2 | 50.3 | 18.8% |
Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Bangladesh in 2022:
- South Korea (25.3 tons)
- Singapore (3.2 tons)
- India (0.9 tons)
- Canada (0.8 tons)
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