Price for Waste, Parings and Scrap, of Plastics in Bangladesh - 2022
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Bangladesh (FOB) - 2022
- Price for Waste, Parings and Scrap, of Plastics in Bangladesh (CIF) - 2022
- Exports of Waste, Parings and Scrap, of Plastics in Bangladesh
- Imports of Waste, Parings and Scrap, of Plastics in Bangladesh
Price for Waste, Parings and Scrap, of Plastics in Bangladesh (FOB) - 2022
In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $590 per ton, with a decrease of -9.6% against the previous year. In general, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 30% against the previous year. The export price peaked at $1,290 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($672 per ton), while the average price for exports to China ($572 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Waste, Parings and Scrap, of Plastics in Bangladesh (CIF) - 2022
In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $473 per ton, with a decrease of -17.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 43%. Over the period under review, average import prices attained the maximum at $694 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 Indonesia ($782 per ton), while the price for South Korea ($27 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Waste, Parings and Scrap, of Plastics in Bangladesh
In 2022, the amount of waste, parings and scrap, of plasticses exported from Bangladesh plummeted to 16K tons, declining by -16.8% against the previous year's figure. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year.
In value terms, exports of waste, parings and scrap, of plasticses contracted remarkably to $9.5M in 2022. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 98% against the previous year.
| Export of Waste, Parings and Scrap, of Plastics in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 5.4 | 10.0 | 7.6 | -15.3% |
| Vietnam | 0.2 | 0.7 | 1.5 | 1.2 | 81.7% |
| United States | N/A | 0.1 | 0.8 | 0.5 | 123.6% |
| Others | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Total | 13.2 | 6.4 | 12.6 | 9.5 | -10.4% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Bangladesh in 2022:
- China (13.2K tons)
- Vietnam (1.7K tons)
- United States (0.9K tons)
Imports of Waste, Parings and Scrap, of Plastics in Bangladesh
In 2022, approx. 9.9K tons of waste, parings and scrap, of plasticses were imported into Bangladesh; growing by 41% on 2021. In general, imports, however, continue to indicate a deep setback.
In value terms, imports of waste, parings and scrap, of plasticses soared to $4.7M in 2022. The total import value increased at an average annual rate of +1.1% 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 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of $5.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Waste, Parings and Scrap, of Plastics in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 2,162 | 2,603 | 2,207 | 2,492 | 4.8% |
| United States | 809 | 1,316 | 568 | 886 | 3.1% |
| Germany | 290 | 280 | 275 | 260 | -3.6% |
| India | 263 | 264 | 187 | 176 | -12.5% |
| Indonesia | 59.5 | 140 | 156 | 148 | 35.5% |
| United Kingdom | 22.2 | 31.3 | 43.5 | 98.2 | 64.2% |
| Canada | 119 | 97.2 | 100 | 90.2 | -8.8% |
| Belgium | 137 | 71.3 | 67.9 | 67.5 | -21.0% |
| Malaysia | 139 | 80.1 | 60.1 | 65.6 | -22.1% |
| Others | 542 | 465 | 365 | 406 | -9.2% |
| Total | 4,543 | 5,349 | 4,030 | 4,689 | 1.1% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Bangladesh in 2022:
- Hong Kong SAR (5552.0 tons)
- United States (1540.8 tons)
- Germany (761.6 tons)
- Canada (234.4 tons)
- Belgium (230.7 tons)
- Malaysia (199.1 tons)
- Indonesia (188.8 tons)
- United Kingdom (185.8 tons)
- India (144.2 tons)
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