Price for Pectic Substances; Pectinates and Pectates in Bangladesh - 2022
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Bangladesh (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Bangladesh (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Bangladesh
- Exports of Pectic Substances; Pectinates and Pectates in Bangladesh
Price for Pectic Substances; Pectinates and Pectates in Bangladesh (CIF) - 2022
The average import price for pectic substances; pectinates and pectateses stood at $11,105 per ton in 2022, falling by -3.2% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pectic substances; pectinates and pectates import price increased by +38.8% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by 51% against the previous year. The import price peaked at $12,390 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22,732 per ton), while the price for Singapore ($4,109 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Bangladesh (FOB) - 2022
The average export price for pectic substances; pectinates and pectateses stood at $7,192 per ton in 2022, with an increase of 1.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $7,302 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Nepal.
From 2020 to 2022, the rate of growth in terms of prices for Nepal amounted to -0.8% per year.
Imports of Pectic Substances; Pectinates and Pectates in Bangladesh
In 2022, pectic substances; pectinates and pectates imports into Bangladesh expanded markedly to 39 tons, surging by 14% against the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 96%. As a result, imports attained the peak of 44 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pectic substances; pectinates and pectates imports totaled $437K in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 165% against the previous year. As a result, imports attained the peak of $479K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Pectic Substances; Pectinates and Pectates in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.0 | 128 | 91.2 | 131 | 17.9% |
| Brazil | 71.3 | 121 | 120 | 117 | 18.0% |
| Switzerland | N/A | N/A | N/A | 52.7 | 0% |
| Singapore | 29.6 | 12.3 | 11.4 | 51.5 | 20.3% |
| Czech Republic | N/A | 63.7 | 24.1 | 29.0 | -32.5% |
| Spain | N/A | N/A | 74.1 | 25.8 | -65.2% |
| Germany | N/A | 131 | 50.2 | 15.8 | -65.3% |
| Others | 0.1 | 22.6 | 23.4 | 13.7 | 415.5% |
| Total | 181 | 479 | 395 | 437 | 34.2% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Bangladesh in 2022:
- Singapore (12.5 tons)
- China (10.9 tons)
- Brazil (7.0 tons)
- Switzerland (3.4 tons)
- Czech Republic (2.2 tons)
- Spain (1.9 tons)
- Germany (0.7 tons)
Exports of Pectic Substances; Pectinates and Pectates in Bangladesh
In 2022, the amount of pectic substances; pectinates and pectateses exported from Bangladesh amounted to 525 kg, increasing by 5% against 2021 figures. In general, exports, however, recorded a noticeable setback.
In value terms, pectic substances; pectinates and pectates exports rose notably to $3.8K in 2022. Over the period under review, exports, however, recorded a pronounced shrinkage.
| Export of Pectic Substances; Pectinates and Pectates in Bangladesh (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Nepal | 4.0 | 3.5 | 3.8 | -2.5% |
| Others | N/A | N/A | N/A | 0% |
| Total | 4.0 | 3.5 | 3.8 | -2.5% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Bangladesh in 2022:
- Nepal (525.0 kg)
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