Price for Polyphenols; Resorcinol and Its Salts in Bangladesh - 2022
Contents:
- Price for Polyphenols; Resorcinol and Its Salts in Bangladesh (CIF) - 2022
- Imports of Polyphenols; Resorcinol and Its Salts in Bangladesh
Price for Polyphenols; Resorcinol and Its Salts in Bangladesh (CIF) - 2022
The average import price for polyphenols; resorcinol and its saltses stood at $12,224 per ton in 2022, approximately equating the previous year. In general, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 65% against the previous year. The import price peaked at $16,012 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($15,581 per ton), while the price for China amounted to $11,105 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.6%).
Imports of Polyphenols; Resorcinol and Its Salts in Bangladesh
Polyphenols; resorcinol and its salts imports into Bangladesh fell sharply to 11 tons in 2022, which is down by -37.9% against the year before. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 314% against the previous year. As a result, imports attained the peak of 17 tons, and then dropped markedly in the following year.
In value terms, polyphenols; resorcinol and its salts imports declined markedly to $131K in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 322% against the previous year. As a result, imports reached the peak of $211K, and then shrank notably in the following year.
| Import of Polyphenols; Resorcinol and Its Salts in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 132 | 0.6 | 50.4 | 89.1 | -12.3% |
| India | 38.1 | 46.9 | 160 | 41.4 | 2.8% |
| Others | 1.9 | 2.6 | 0.3 | 0.2 | -52.8% |
| Total | 172 | 50.1 | 211 | 131 | -8.7% |
Top Suppliers of Polyphenols; Resorcinol and Its Salts to Bangladesh in 2022:
- China (8.0 tons)
- India (2.7 tons)
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