Liquefied Butanes Price in Bangladesh - 2022

Contents:

1. Liquefied Butanes Price in Bangladesh (CIF) - 2022
2. Liquefied Butanes Imports in Bangladesh

Liquefied Butanes Price in Bangladesh (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $806 per ton, waning by -23.8% against the previous year. Over the period under review, the import price continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 132%. As a result, import price reached the peak level of $1,948 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brunei Darussalam ($1,173 per ton), while the price for Singapore ($993 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Imports in Bangladesh

In 2022, approx. 42K tons of liquefied butaneses were imported into Bangladesh; approximately equating the previous year's figure. Over the period under review, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year.

In value terms, liquefied butanes imports fell rapidly to $34M in 2022. In general, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 36%.

Top Suppliers of Liquefied Butanes to Bangladesh in 2022:

1. Singapore (14.2K tons)
2. China (3.0K tons)
3. Brunei Darussalam (2.7K tons)

Source: IndexBox Market Intelligence Platform