Price for Pulps of Other Fibrous Cellulosic Material in Bangladesh - 2022
Contents:
- Price for Pulps of Other Fibrous Cellulosic Material in Bangladesh (CIF) - 2022
- Price for Pulps of Other Fibrous Cellulosic Material in Bangladesh (FOB) - 2022
- Imports of Pulps of Other Fibrous Cellulosic Material in Bangladesh
- Exports of Pulps of Other Fibrous Cellulosic Material in Bangladesh
Price for Pulps of Other Fibrous Cellulosic Material in Bangladesh (CIF) - 2022
In 2022, the average import price for pulps of other fibrous cellulosic materials amounted to $326 per ton, reducing by -3.6% against the previous year. Overall, the import price saw a noticeable decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 170% against the previous year. As a result, import price attained the peak level of $820 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($2,537 per ton), while the price for India ($138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.1%), while the prices for the other major suppliers experienced a decline.
Price for Pulps of Other Fibrous Cellulosic Material in Bangladesh (FOB) - 2022
The average export price for pulps of other fibrous cellulosic materials stood at $7,676 per ton in 2022, surging by 9.9% against the previous year. Overall, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 208% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2013 to 2022, the rate of growth in terms of prices for Nigeria amounted to +261.0% per year.
Imports of Pulps of Other Fibrous Cellulosic Material in Bangladesh
In 2022, the amount of pulps of other fibrous cellulosic materials imported into Bangladesh contracted markedly to 145 tons, with a decrease of -42.7% on the year before. Overall, imports recorded a sharp descent. The growth pace was the most rapid in 2021 with an increase of 49%.
In value terms, imports of pulps of other fibrous cellulosic materials plummeted to $47K in 2022. In general, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year.
| Import of Pulps of Other Fibrous Cellulosic Material in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 46.7 | 13.6 | 19.6 | 12.8 | -35.0% |
| India | 120 | 22.4 | 34.6 | 11.1 | -54.8% |
| China | 34.6 | 10.5 | 15.5 | 10.5 | -32.8% |
| Malaysia | 5.1 | 2.7 | 7.1 | 8.5 | 18.6% |
| Indonesia | 27.9 | 5.6 | 5.6 | 2.5 | -55.3% |
| Others | 56.2 | 8.4 | 3.2 | 1.8 | -68.2% |
| Total | 290 | 63.1 | 85.6 | 47.3 | -45.4% |
Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Bangladesh in 2022:
- India (80.0 tons)
- China (36.4 tons)
- Malaysia (11.6 tons)
- Indonesia (11.5 tons)
- Singapore (5.0 tons)
Exports of Pulps of Other Fibrous Cellulosic Material in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in overseas shipments of pulps of other fibrous cellulosic materials, which increased by 6.9% to 1 tons in 2022. The total export volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of pulps of other fibrous cellulosic materials soared to $7.8K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 18%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Pulps of Other Fibrous Cellulosic Material in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 3.8 | 6.6 | 7.8 | 43.3% |
| Nigeria | 3.6 | N/A | N/A | N/A | 0% |
| China | 1.2 | N/A | N/A | N/A | 0% |
| South Africa | N/A | 1.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.8 | 5.7 | 6.6 | 7.8 | 17.6% |
Top Export Markets for Pulps of Other Fibrous Cellulosic Material from Bangladesh in 2022:
- Denmark (1.0 tons)
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