Price for Rosin and Resin Acids in Bangladesh - 2022
Contents:
- Price for Rosin and Resin Acids in Bangladesh (CIF) - 2022
- Imports of Rosin and Resin Acids in Bangladesh
Price for Rosin and Resin Acids in Bangladesh (CIF) - 2022
In 2022, the average rosin and resin acids import price amounted to $1,522 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $1,847 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,045 per ton), while the price for Indonesia ($1,349 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Rosin and Resin Acids in Bangladesh
In 2022, purchases abroad of rosin and resin acidses decreased by -33.4% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 229% against the previous year. As a result, imports reached the peak of 2.1K tons, and then shrank remarkably in the following year.
In value terms, rosin and resin acids imports reduced notably to $2.1M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 278% against the previous year. As a result, imports reached the peak of $3.1M, and then contracted remarkably in the following year.
| Import of Rosin and Resin Acids in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 397 | 455 | 965 | 693 | 20.4% |
| Vietnam | 188 | 198 | 230 | 204 | 2.8% |
| Italy | 52.7 | 54.2 | 45.3 | 57.9 | 3.2% |
| Turkey | 3.6 | 26.1 | 14.1 | 22.5 | 84.2% |
| Others | 96.5 | 85.5 | 1,843 | 1,104 | 125.3% |
| Total | 737 | 820 | 3,098 | 2,081 | 41.3% |
Top Suppliers of Rosin and Resin Acids to Bangladesh in 2022:
- Indonesia (513.7 tons)
- Vietnam (110.9 tons)
- Italy (14.3 tons)
- Turkey (11.0 tons)
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This report provides an in-depth analysis of the market for rosin and resin acids in Bangladesh.
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This report provides an in-depth analysis of the global market for rosin and resin acids.
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This report provides an in-depth analysis of the market for rosin and resin acids in Bangladesh.
753
This report provides an in-depth analysis of the global market for rosin and resin acids.
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In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
687
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
675
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
687
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
