Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bangladesh - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bangladesh (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bangladesh

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bangladesh (CIF) - 2022

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $4,671 per ton in 2022, jumping by 62% against the previous year. In general, the import price saw a resilient expansion. The growth pace was the most rapid in 2021 an increase of 83% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

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 China ($17,043 per ton), while the price for South Korea ($2,623 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bangladesh

Imports of propylene, other olefin polymers; polyisobutylene in primary formses into Bangladesh surged to 17 tons in 2022, picking up by 30% on 2021 figures. Over the period under review, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 416%. As a result, imports attained the peak of 114 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses skyrocketed to $81K in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 495% against the previous year. As a result, imports reached the peak of $180K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)9.159.712.826.943.5%
Saudi Arabia9.350.010.219.127.1%
South Korea4.025.35.210.537.9%
India0.41.72.49.8190.4%
Oman3.520.43.97.126.6%
Singapore1.410.42.03.738.3%
Thailand2.211.62.03.314.5%
Others0.40.90.20.720.5%
Total30.318038.681.138.8%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Bangladesh in 2022:

  1. Saudi Arabia (7.0 tons)
  2. South Korea (4.0 tons)
  3. Oman (2.3 tons)
  4. Taiwan (Chinese) (2.2 tons)
  5. India (0.7 tons)
  6. Thailand (0.7 tons)
  7. Singapore (0.3 tons)

Source: IndexBox Market Intelligence Platform

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