Sulphates; of Aluminium Price in Bangladesh - 2022
Contents:
- Sulphates; of Aluminium Price in Bangladesh (CIF) - 2022
- Sulphates; of Aluminium Imports in Bangladesh
Sulphates; of Aluminium Price in Bangladesh (CIF) - 2022
The average sulphates; of aluminium import price stood at $254 per ton in 2022, rising by 27% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of aluminium import price decreased by -11.0% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 43% against the previous year. The import price peaked at $285 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($528 per ton), while the price for China ($196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Aluminium Imports in Bangladesh
In 2022, purchases abroad of sulphates; of aluminia was finally on the rise to reach 3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt descent.
In value terms, sulphates; of aluminium imports surged to $754K in 2022. In general, imports, however, saw a deep downturn.
| Import of Sulphates; of Aluminium in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,028 | 855 | 193 | 328 | -31.7% |
| India | 116 | 152 | 184 | 325 | 41.0% |
| South Korea | 58.1 | 55.7 | 42.9 | 73.5 | 8.2% |
| Others | 7.8 | 4.0 | 21.0 | 27.3 | 51.8% |
| Total | 1,210 | 1,066 | 441 | 754 | -14.6% |
Top Suppliers of Sulphates; of Aluminium to Bangladesh in 2022:
- China (1677.6 tons)
- India (1102.5 tons)
- South Korea (139.2 tons)
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