Price for Poly(Lactic Acid); in Primary Forms in Bangladesh - 2022
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Bangladesh (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Bangladesh (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Bangladesh
- Exports of Poly(Lactic Acid); in Primary Forms in Bangladesh
Price for Poly(Lactic Acid); in Primary Forms in Bangladesh (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $3,122 per ton, surging by 3.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 61% against the previous year. Over the period under review, average import prices attained the peak figure at $3,836 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 India ($3,891 per ton), while the price for Indonesia ($239 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.8%), while the prices for the other major suppliers experienced a decline.
Price for Poly(Lactic Acid); in Primary Forms in Bangladesh (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $940 per ton, declining by -11.5% against the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 a decrease of -5.9%. The export price peaked at $1,879 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2015 to 2022, the rate of growth in terms of prices for Malaysia amounted to -7.8% per year.
Imports of Poly(Lactic Acid); in Primary Forms in Bangladesh
Poly(lactic acid); in primary forms imports into Bangladesh surged to 425 tons in 2022, with an increase of 257% compared with the previous year's figure. Overall, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms imports surged to $1.3M in 2022. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Poly(Lactic Acid); in Primary Forms in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 764 | 142 | 301 | 841 | 3.3% |
| India | 74.2 | 13.8 | 54.6 | 477 | 85.9% |
| Singapore | 13.5 | 1.9 | 3.1 | 6.6 | -21.2% |
| Indonesia | 4.6 | 0.6 | 0.9 | 1.8 | -26.9% |
| Others | 0.4 | N/A | 0.9 | 0.3 | -9.1% |
| Total | 856 | 158 | 360 | 1,328 | 15.8% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Bangladesh in 2022:
- Malaysia (289.8 tons)
- India (122.7 tons)
- Indonesia (7.5 tons)
- Singapore (5.2 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Bangladesh
Poly(lactic acid); in primary forms exports from Bangladesh soared to 182 tons in 2022, increasing by 359% on the year before. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports soared to $171K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Poly(Lactic Acid); in Primary Forms in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 10.3 | 20.8 | 21.0 | 171 | 155.1% |
| Others | N/A | N/A | 21.1 | N/A | 0% |
| Total | 10.3 | 20.8 | 42.0 | 171 | 155.1% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Bangladesh in 2022:
- Malaysia (181.7 tons)
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