Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh - 2022

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh (CIF) - 2022
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh (FOB) - 2022
  3. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh
  4. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh (CIF) - 2022

The average sulphates; alums; peroxosulphates (persulphates) import price stood at $95 per ton in 2022, shrinking by -4.6% against the previous year. Over the period under review, the import price recorded a mild downturn. The growth pace was the most rapid in 2016 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $141 per ton. From 2017 to 2022, the average import prices remained at a 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 India ($101 per ton), while the price for Indonesia ($62 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh (FOB) - 2022

In 2022, the average sulphates; alums; peroxosulphates (persulphates) export price amounted to $1,076 per ton, waning by -33.3% against the previous year. Overall, the export price, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2018 an increase of 302%. The export price peaked at $1,614 per ton in 2021, and then fell dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to -3.6% per year.

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh

In 2022, after three years of growth, there was significant decline in overseas purchases of sulphates; alums; peroxosulphates (persulphates)s, when their volume decreased by -9.8% to 757K tons. The total import volume increased at an average annual rate of +5.0% over the period 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 when imports increased by 24%. As a result, imports reached the peak of 840K tons, and then dropped in the following year.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports fell to $72M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of $83M, and then shrank in the following year.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China49.745.760.556.44.3%
India3.24.68.66.325.3%
Indonesia3.22.45.03.1-1.1%
Others8.07.49.46.0-9.1%
Total64.060.283.471.83.9%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Bangladesh in 2022:

  1. China (618.3K tons)
  2. India (62.0K tons)
  3. Indonesia (49.5K tons)

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh

In 2022, after two years of decline, there was significant growth in overseas shipments of sulphates; alums; peroxosulphates (persulphates)s, when their volume increased by 75% to 7.6 tons. Over the period under review, exports, however, showed a dramatic shrinkage.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports skyrocketed to $8.2K in 2022. Overall, exports, however, recorded a deep reduction.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam10.89.47.08.2-8.8%
OthersN/AN/A0.1N/A0%
Total10.89.47.18.2-8.8%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Bangladesh in 2022:

  1. Vietnam (7.6 tons)

Source: IndexBox Market Intelligence Platform

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