Price for Salts of Oxometallic or Peroxometallic Acids in Bangladesh - 2022

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Bangladesh (CIF) - 2022
2. Imports of Salts of Oxometallic or Peroxometallic Acids in Bangladesh

Price for Salts of Oxometallic or Peroxometallic Acids in Bangladesh (CIF) - 2022

In 2022, the average import price for salts of oxometallic or peroxometallic acidses amounted to $1,802 per ton, surging by 4.7% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by 6.9% against the previous year. As a result, import price reached the peak level of $2,561 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($2,703 per ton), while the price for China ($1,502 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+10.3%), while the prices for the other major suppliers experienced a decline.

Imports of Salts of Oxometallic or Peroxometallic Acids in Bangladesh

After three years of growth, purchases abroad of salts of oxometallic or peroxometallic acidses decreased by -8.9% to 2K tons in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 37%.

In value terms, imports of salts of oxometallic or peroxometallic acidses reduced slightly to $3.5M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. As a result, imports attained the peak of $3.7M, and then fell modestly in the following year.

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Bangladesh in 2022:

1. China (1531.9 tons)
2. India (358.0 tons)
3. Vietnam (41.1 tons)

Source: IndexBox Market Intelligence Platform