Price for Sodium Sulphates; Disodium Sulphate in Bangladesh - 2022
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Bangladesh (CIF) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Bangladesh
Price for Sodium Sulphates; Disodium Sulphate in Bangladesh (CIF) - 2022
In 2022, the average sodium sulphates; disodium sulphate import price amounted to $70 per ton, reducing by -2.3% against the previous year. In general, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2016 an increase of 51%. As a result, import price reached the peak level of $102 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($127 per ton), while the price for Indonesia ($65 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.8%), while the prices for the other major suppliers experienced a decline.
Imports of Sodium Sulphates; Disodium Sulphate in Bangladesh
In 2022, purchases abroad of sodium sulphates; disodium sulphates decreased by -7.3% to 632K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports reached the peak of 682K tons, and then dropped in the following year.
In value terms, sodium sulphates; disodium sulphate imports shrank to $44M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of $49M, and then contracted in the following year.
| Import of Sodium Sulphates; Disodium Sulphate in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.4 | 32.8 | 39.1 | 37.4 | 0.9% |
| India | 2.0 | 3.2 | 4.5 | 4.4 | 30.1% |
| Indonesia | 3.3 | 2.5 | 3.6 | 1.3 | -26.7% |
| Others | 2.8 | 1.3 | 1.8 | 1.4 | -20.6% |
| Total | 44.4 | 39.8 | 49.1 | 44.5 | 0.1% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Bangladesh in 2022:
- China (543.3K tons)
- India (56.8K tons)
- Indonesia (20.0K tons)
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