Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Bangladesh - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Bangladesh (CIF) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Bangladesh
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Bangladesh (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $10,885 per ton, dropping by -14.2% against the previous year. In general, the import price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 76% against the previous year. The import price peaked at $12,679 per ton in 2021, and then declined 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 Germany ($50,670 per ton), while the price for China ($8,595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced a decline.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Bangladesh
In 2022, overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -37.9% to 37 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. As a result, imports attained the peak of 140 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves dropped dramatically to $407K in 2022. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2020 when imports increased by 134% against the previous year. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 135 | 826 | 266 | 243 | 21.6% |
| Germany | 42.9 | 72.6 | 61.2 | 101 | 33.0% |
| India | 241 | 453 | 410 | 62.2 | -36.3% |
| United Kingdom | 104 | 136 | N/A | N/A | 30.8% |
| Indonesia | 124 | 11.3 | N/A | N/A | -90.9% |
| Others | 2.6 | 24.3 | 26.3 | 0.3 | -51.3% |
| Total | 649 | 1,523 | 763 | 407 | -14.4% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Bangladesh in 2022:
- China (28.3 tons)
- India (7.0 tons)
- Germany (2.0 tons)
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