Report Update: May 1, 2024

Bangladesh - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights

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Acrylic Acid Esters Price in Bangladesh - 2022

Acrylic Acid Esters Price in Bangladesh (CIF) - 2022

In 2022, the average acrylic acid esters import price amounted to $1,830 per ton, with a decrease of -5.9% against the previous year. Over the period under review, the import price showed a slight setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 39%. The import price peaked at $2,349 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($1,985 per ton) and Singapore ($1,982 per ton), while the price for Saudi Arabia ($1,509 per ton) and China ($1,882 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-0.6%), while the prices for the other major suppliers experienced a decline.

Acrylic Acid Esters Price in Bangladesh (FOB) - 2022

In 2021, the average acrylic acid esters export price amounted to $3,264 per ton, remaining constant against the previous year. Over the period under review, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2020 a decrease of 99.9% against the previous year. The export price peaked at $4,729 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -1.8% per year.

Acrylic Acid Esters Imports in Bangladesh

In 2022, the amount of esters of acrylic acid imported into Bangladesh fell rapidly to 4.8K tons, waning by -27.7% compared with the year before. Over the period under review, imports, however, posted noticeable growth. The pace of growth was the most pronounced in 2021 when imports increased by 99%. As a result, imports reached the peak of 6.6K tons, and then declined significantly in the following year.

In value terms, acrylic acid esters imports contracted remarkably to $8.8M in 2022. In general, imports, however, saw a strong increase. The growth pace was the most rapid in 2021 when imports increased by 178% against the previous year. As a result, imports attained the peak of $13M, and then declined significantly in the following year.

Import of Acrylic Acid Esters in Bangladesh (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	2.6	2.0	4.1	2.8	2.5%
China	0.2	0.5	2.4	2.1	119.0%
Saudi Arabia	1.8	1.5	3.1	1.7	-1.9%
South Korea	0.8	0.3	2.1	1.4	20.5%
Singapore	0.2	0.2	0.8	0.6	44.2%
Others	0.1	0.1	0.4	0.2	26.0%
Total	5.7	4.6	12.9	8.8	15.6%

Top Suppliers of Acrylic Acid Esters to Bangladesh in 2022:

Malaysia (1440.3 tons)
China (1114.0 tons)
Saudi Arabia (1100.5 tons)
South Korea (701.1 tons)
Singapore (318.4 tons)

Acrylic Acid Esters Exports in Bangladesh

In 2021, exports of esters of acrylic acid from Bangladesh amounted to 72 kg, approximately mirroring 2020 figures. Overall, exports showed a dramatic contraction. The smallest decline of 99.9% was in 2020.

In value terms, acrylic acid esters exports amounted to $235 in 2021. Over the period under review, exports showed a precipitous descent. The smallest decline of 99.9% was in 2020.

Export of Acrylic Acid Esters in Bangladesh (USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
South Korea	N/A	N/A	235	0%
Netherlands	423	N/A	N/A	0%
Others	N/A	N/A	N/A	0%
Total	423	N/A	235	-25.5%

Top Export Markets for Acrylic Acid Esters from Bangladesh in 2022:

South Korea (72.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the acrylic acid esters market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143320 - Esters of acrylic acid

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023