Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Bangladesh - 2022
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Bangladesh (CIF) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Bangladesh
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Bangladesh (CIF) - 2022
The average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $6,132 per ton in 2022, with a decrease of -1.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs at $6,631 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($10,547 per ton), while the price for India totaled $5,060 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%).
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Bangladesh
In 2022, supplies from abroad of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses was finally on the rise to reach 2.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt curtailment.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses surged to $18K in 2022. Over the period under review, imports, however, continue to indicate a deep setback.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.0 | 10.6 | 5.3 | 12.2 | 10.7% |
| China | 17.0 | 12.3 | 7.1 | 5.3 | -32.2% |
| Others | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Total | 26.0 | 22.9 | 12.7 | 17.8 | -11.9% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Bangladesh in 2022:
- India (2402.0 kg)
- China (499.0 kg)
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