Sulphites; Thiosulphates Price in Bangladesh - 2022
Contents:
- Sulphites; Thiosulphates Price in Bangladesh (CIF) - 2022
- Sulphites; Thiosulphates Imports in Bangladesh
Sulphites; Thiosulphates Price in Bangladesh (CIF) - 2022
In 2022, the average sulphites; thiosulphates import price amounted to $519 per ton, rising by 36% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,039 per ton), while the price for Indonesia ($96 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; Thiosulphates Imports in Bangladesh
Sulphites; thiosulphates imports into Bangladesh skyrocketed to 15K tons in 2022, jumping by 15% against 2021. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, sulphites; thiosulphates imports surged to $7.7M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,677 | 2,497 | 2,930 | 5,097 | 44.9% |
| Thailand | 362 | 231 | 764 | 1,040 | 42.2% |
| India | 449 | 305 | 380 | 746 | 18.4% |
| Turkey | 311 | 246 | 195 | 48.3 | -46.2% |
| Indonesia | 23.5 | 26.9 | 30.1 | 38.1 | 17.5% |
| Others | 497 | 792 | 632 | 743 | 14.3% |
| Total | 3,320 | 4,099 | 4,931 | 7,712 | 32.4% |
Top Suppliers of Sulphites; Thiosulphates to Bangladesh in 2022:
- China (11.7K tons)
- Thailand (1.7K tons)
- India (0.7K tons)
- Indonesia (0.4K tons)
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