Price for Sodium Sulphates; Other than Disodium Sulphate in Bangladesh - 2022
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Bangladesh (CIF) - 2022
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Bangladesh
Price for Sodium Sulphates; Other than Disodium Sulphate in Bangladesh (CIF) - 2022
In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $109 per ton, reducing by -28.1% against the previous year. In general, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 43%. The import price peaked at $389 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($504 per ton), while the price for Hong Kong SAR ($43 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Sodium Sulphates; Other than Disodium Sulphate in Bangladesh
In 2022, after three years of growth, there was significant decline in supplies from abroad of sodium sulphates; other than disodium sulphates, when their volume decreased by -17.1% to 8.1K tons. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 568%. As a result, imports reached the peak of 9.8K tons, and then fell markedly in the following year.
In value terms, imports of sodium sulphates; other than disodium sulphates shrank dramatically to $888K in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 421% against the previous year. As a result, imports attained the peak of $1.5M, and then contracted dramatically in the following year.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 96.0 | 152 | 780 | 511 | 74.6% |
| Hong Kong SAR | 25.9 | 35.9 | 161 | 92.7 | 53.0% |
| Pakistan | 10.7 | 17.4 | 92.0 | 62.2 | 79.8% |
| India | 19.0 | 23.5 | 215 | 54.4 | 42.0% |
| Indonesia | 6.2 | 11.5 | 53.7 | 32.0 | 72.8% |
| China | 4.9 | 5.7 | 21.2 | 8.4 | 19.7% |
| Others | 18.9 | 39.6 | 166 | 127 | 88.7% |
| Total | 182 | 286 | 1,490 | 888 | 69.6% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Bangladesh in 2022:
- Singapore (4.5K tons)
- Hong Kong SAR (2.2K tons)
- Pakistan (0.6K tons)
- Indonesia (0.4K tons)
- India (0.3K tons)
- China (0.1K tons)
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