Silicates; Sodium Metasilicates Price in Bangladesh - 2022
Contents:
- Silicates; Sodium Metasilicates Price in Bangladesh (CIF) - 2022
- Silicates; Sodium Metasilicates Imports in Bangladesh
Silicates; Sodium Metasilicates Price in Bangladesh (CIF) - 2022
In 2022, the average silicates; sodium metasilicates import price amounted to $299 per ton, dropping by -6.6% against the previous year. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2016 an increase of 59% against the previous year. As a result, import price reached the peak level of $585 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($586 per ton), while the price for China ($239 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-1.4%), while the prices for the other major suppliers experienced a decline.
Silicates; Sodium Metasilicates Imports in Bangladesh
In 2022, approx. 2.2K tons of silicates; sodium metasilicateses were imported into Bangladesh; which is down by -20.3% compared with the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 72% against the previous year. As a result, imports reached the peak of 2.7K tons, and then fell remarkably in the following year.
In value terms, silicates; sodium metasilicates imports reduced dramatically to $646K in 2022. Overall, imports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by 104% against the previous year. As a result, imports reached the peak of $867K, and then contracted notably in the following year.
| Import of Silicates; Sodium Metasilicates in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 339 | 276 | 418 | 304 | -3.6% |
| India | 326 | 136 | 317 | 295 | -3.3% |
| Singapore | 2.9 | 2.4 | 1.9 | 17.0 | 80.3% |
| Vietnam | N/A | N/A | 104 | N/A | 0% |
| Others | 40.2 | 10.0 | 25.2 | 30.5 | -8.8% |
| Total | 708 | 424 | 867 | 646 | -3.0% |
Top Suppliers of Silicates; Sodium Metasilicates to Bangladesh in 2022:
- China (1269.9 tons)
- India (825.4 tons)
- Singapore (35.0 tons)
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