Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Bangladesh - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Bangladesh (CIF) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Bangladesh
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Bangladesh (CIF) - 2022
The average import price for colouring matter; ultramarine and preparations based therea stood at $1,045 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price recorded a prominent expansion. The growth pace was the most rapid in 2018 when the average import price increased by 33%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,616 per ton), while the price for India totaled $1,007 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.5%).
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Bangladesh
Imports of colouring matter; ultramarine and preparations based therea into Bangladesh contracted to 496 tons in 2022, declining by -1.5% compared with the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports reached the peak of 504 tons, and then dropped in the following year.
In value terms, imports of colouring matter; ultramarine and preparations based therea rose significantly to $519K in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 380 | 356 | 384 | 463 | 6.8% |
| China | 44.3 | 66.4 | 86.0 | 52.8 | 6.0% |
| Others | 0.9 | 1.8 | N/A | 3.5 | 57.3% |
| Total | 425 | 424 | 470 | 519 | 6.9% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Bangladesh in 2022:
- India (459.3 tons)
- China (32.7 tons)
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