Bangladesh - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Price in Bangladesh - 2022
Contents:
- Polyethylene Price in Bangladesh (CIF) - 2022
- Polyethylene Price in Bangladesh (FOB) - 2022
- Polyethylene Imports in Bangladesh
- Polyethylene Exports in Bangladesh
Polyethylene Price in Bangladesh (CIF) - 2022
In 2022, the average polyethylene import price amounted to $1,042 per ton, with a decrease of -11.5% against the previous year. Over the period under review, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34%. Over the period under review, average import prices reached the maximum at $1,496 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Qatar ($1,493 per ton), while the price for Singapore ($942 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+0.7%), while the prices for the other major suppliers experienced a decline.
Polyethylene Price in Bangladesh (FOB) - 2022
In 2022, the average polyethylene export price amounted to $1,753 per ton, waning by -1.8% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyethylene export price increased by +24.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 109%. Over the period under review, the average export prices hit record highs at $1,784 per ton in 2021, and then shrank modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.8% per year.
Polyethylene Imports in Bangladesh
In 2022, after three years of growth, there was significant decline in purchases abroad of primary polyethylene with a specific gravity of over 0,94, when their volume decreased by -8.9% to 147K tons. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22%. As a result, imports attained the peak of 162K tons, and then fell in the following year.
In value terms, polyethylene imports shrank dramatically to $153M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.0% 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 +31.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of $190M, and then fell significantly in the following year.
| Import of Polyethylene in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 42.1 | 35.6 | 77.4 | 62.2 | 13.9% |
| South Korea | 10.5 | 10.5 | 17.8 | 16.3 | 15.8% |
| United Arab Emirates | 9.6 | 13.6 | 14.7 | 13.3 | 11.5% |
| Thailand | 14.9 | 14.9 | 17.9 | 12.7 | -5.2% |
| Singapore | 20.6 | 14.5 | 23.4 | 10.8 | -19.4% |
| Taiwan (Chinese) | 7.8 | 6.9 | 9.5 | 8.2 | 1.7% |
| Malaysia | 2.5 | 3.9 | 7.3 | 7.8 | 46.1% |
| India | 6.0 | 6.3 | 5.4 | 6.8 | 4.3% |
| Others | 11.4 | 10.3 | 16.9 | 15.4 | 10.5% |
| Total | 125 | 117 | 190 | 153 | 7.0% |
Top Suppliers of Polyethylene to Bangladesh in 2022:
- Saudi Arabia (62.9K tons)
- South Korea (15.9K tons)
- Thailand (11.8K tons)
- Singapore (11.5K tons)
- United Arab Emirates (11.4K tons)
- Taiwan (Chinese) (7.5K tons)
- Malaysia (7.3K tons)
- India (7.0K tons)
Polyethylene Exports in Bangladesh
In 2022, the amount of primary polyethylene with a specific gravity of over 0,94 exported from Bangladesh dropped remarkably to 18 tons, with a decrease of -29.4% against 2021. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 104% against the previous year. As a result, the exports attained the peak of 26 tons, and then dropped remarkably in the following year.
In value terms, polyethylene exports reduced sharply to $32K in 2022. Over the period under review, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of 159% against the previous year. As a result, the exports reached the peak of $46K, and then shrank sharply in the following year.
| Export of Polyethylene in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.4 | 2.6 | 2.7 | 32.1 | -3.2% |
| South Africa | N/A | N/A | 43.6 | N/A | 0% |
| Nepal | N/A | 15.3 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 35.4 | 17.9 | 46.3 | 32.1 | -3.2% |
Top Export Markets for Polyethylene from Bangladesh in 2022:
- India (18.3 tons)
This report provides an in-depth analysis of the polyethylene 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 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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