Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Bangladesh - 2022

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Bangladesh (CIF) - 2022
2. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Bangladesh

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Bangladesh (CIF) - 2022

In 2022, the average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $868 per ton, almost unchanged from the previous year. Overall, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 an increase of 22% against the previous year. The import price peaked at $1,083 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($781 per ton), while the price for Sri Lanka ($583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Bangladesh

In 2022, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes into Bangladesh rose slightly to 20K tons, increasing by 2.7% against 2021 figures. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 8.9%. As a result, imports reached the peak of 20K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $17M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 3%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene to Bangladesh in 2022:

1. Malaysia (10.3K tons)
2. Sri Lanka (1.3K tons)
3. Singapore (0.2K tons)

Source: IndexBox Market Intelligence Platform