Price for Sulphites; Other than of Sodium in Bangladesh - 2022

Contents:

  1. Price for Sulphites; Other than of Sodium in Bangladesh (CIF) - 2022
  2. Imports of Sulphites; Other than of Sodium in Bangladesh

Price for Sulphites; Other than of Sodium in Bangladesh (CIF) - 2022

The average import price for sulphites; other than of sodia stood at $1,459 per ton in 2022, remaining constant against the previous year. Overall, the import price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 49%. Over the period under review, average import prices reached the peak figure at $1,865 per ton in 2017; however, from 2018 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 Italy ($12,944 per ton), while the price for Taiwan (Chinese) ($61 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Sulphites; Other than of Sodium in Bangladesh

Sulphites; other than of sodium imports into Bangladesh shrank sharply to 185 tons in 2022, waning by -29.3% compared with the previous year's figure. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 144%. As a result, imports reached the peak of 262 tons, and then contracted dramatically in the following year.

In value terms, sulphites; other than of sodium imports plummeted to $270K in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 152% against the previous year. As a result, imports reached the peak of $387K, and then reduced rapidly in the following year.

Import of Sulphites; Other than of Sodium in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14974.2168124-5.9%
Netherlands61.831.472.654.9-3.9%
Sri Lanka7.96.137.930.356.5%
Vietnam17.59.423.018.41.7%
Germany17.77.614.89.5-18.7%
Turkey23.311.931.26.4-35.0%
India36.61.94.12.4-59.7%
Taiwan (Chinese)0.80.30.40.2-37.0%
Others26.910.734.823.6-4.3%
Total342153387270-7.6%

Top Suppliers of Sulphites; Other than of Sodium to Bangladesh in 2022:

  1. China (149.5 tons)
  2. Sri Lanka (6.8 tons)
  3. Netherlands (5.6 tons)
  4. Germany (5.3 tons)
  5. Taiwan (Chinese) (3.8 tons)
  6. Vietnam (3.8 tons)
  7. Turkey (2.5 tons)
  8. India (1.4 tons)

Source: IndexBox Market Intelligence Platform

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