Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,211 per ton in 2022, dropping by -7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. As a result, import price attained the peak level of $3,451 per ton, and then contracted in the following year.
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 Hong Kong SAR ($6,871 per ton), while the price for Malaysia ($2,549 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $2,037 per ton in 2022, flattening at the previous year. Over the period under review, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 91%. Over the period under review, the average export prices attained the maximum at $4,436 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($2,131 per ton), while the average price for exports to China ($814 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (-3.8%), while the prices for the other major destinations experienced a decline.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh
In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into Bangladesh dropped significantly to 17K tons, declining by -17.1% against the year before. In general, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 20K tons, and then dropped rapidly in the following year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) fell remarkably to $53M in 2022. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, imports reached the peak of $69M, and then dropped significantly in the following year.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.6 | 22.7 | 39.6 | 27.9 | 4.3% |
| Vietnam | 0.2 | 0.5 | 1.6 | 6.7 | 222.4% |
| India | 2.9 | 2.9 | 6.1 | 4.3 | 14.0% |
| Hong Kong SAR | 4.0 | 3.7 | 7.4 | 4.0 | 0.0% |
| Malaysia | 0.7 | 0.8 | 3.7 | 2.8 | 58.7% |
| Taiwan (Chinese) | 1.7 | 1.5 | 2.5 | 2.4 | 12.2% |
| Thailand | 1.6 | 1.4 | 2.2 | 1.5 | -2.1% |
| Others | 3.7 | 3.8 | 5.6 | 3.3 | -3.7% |
| Total | 39.4 | 37.3 | 68.8 | 53.0 | 10.4% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Bangladesh in 2022:
- China (10.0K tons)
- Vietnam (1.7K tons)
- India (1.4K tons)
- Malaysia (1.1K tons)
- Taiwan (Chinese) (0.7K tons)
- Hong Kong SAR (0.6K tons)
- Thailand (0.4K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh
In 2022, after three years of growth, there was significant decline in shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume decreased by -8.3% to 14 tons. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, the exports attained the peak of 15 tons, and then reduced in the following year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) shrank to $29K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 18.9 | 23.0 | 28.3 | 25.8 | 10.9% |
| China | 0.3 | 0.4 | 0.7 | 1.1 | 54.2% |
| South Korea | 2.0 | 1.3 | 0.9 | 0.8 | -26.3% |
| Others | 0.5 | 1.3 | 1.4 | 0.9 | 21.6% |
| Total | 21.7 | 26.0 | 31.2 | 28.6 | 9.6% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Bangladesh in 2022:
- Hong Kong SAR (12.1 tons)
- China (1.3 tons)
- South Korea (0.6 tons)
193
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Bangladesh.
282
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
193
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Bangladesh.
282
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
181
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
181
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
