Price for Iodides and Iodide Oxides in Bangladesh - 2022

Contents:

  1. Price for Iodides and Iodide Oxides in Bangladesh (CIF) - 2022
  2. Imports of Iodides and Iodide Oxides in Bangladesh

Price for Iodides and Iodide Oxides in Bangladesh (CIF) - 2022

The average iodides and iodide oxides import price stood at $31,456 per ton in 2022, leveling off at the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iodides and iodide oxides import price increased by +158.2% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 130%. The import price peaked at $33,845 per ton in 2014; however, from 2015 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 Germany ($68,517 per ton), while the price for India ($26,849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Iodides and Iodide Oxides in Bangladesh

In 2022, the amount of iodides and iodide oxideses imported into Bangladesh reduced to 4.5 tons, declining by -12.9% compared with the year before. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of 5.2 tons, and then reduced in the following year.

In value terms, iodides and iodide oxides imports reduced to $143K in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $164K, and then fell in the following year.

Import of Iodides and Iodide Oxides in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India59.571.610996.317.4%
Germany7.46.39.114.023.7%
United Kingdom21.820.021.713.6-14.6%
Belgium14.013.415.310.1-10.3%
China5.84.15.51.3-39.3%
Others4.75.34.07.315.8%
Total1131211641438.2%

Top Suppliers of Iodides and Iodide Oxides to Bangladesh in 2022:

  1. India (3585.0 kg)
  2. United Kingdom (341.0 kg)
  3. Belgium (230.0 kg)
  4. Germany (205.0 kg)
  5. China (27.0 kg)

Source: IndexBox Market Intelligence Platform

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