Bangladesh: Polyphenols And Phenol-Alcohols Market 2022

Polyphenols And Phenol-Alcohols Market Size in Bangladesh

The Bangladeshi polyphenols and phenol-alcohols market skyrocketed to $X in 2021, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a resilient expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Polyphenols And Phenol-Alcohols Exports

Exports from Bangladesh

In 2021, exports of polyphenols and phenol-alcohols from Bangladesh stood at less than X kg, standing approx. at the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, polyphenols and phenol-alcohols exports totaled less than $X in 2021. Overall, exports recorded a drastic downturn. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for polyphenols and phenol-alcohols exports from Bangladesh, accounting for a approx. X% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to the UK was relatively modest.

From 2012 to 2015, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

The average polyphenols and phenol-alcohols export price stood at $X per ton in 2015, leveling off at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2015 and is expected to retain growth in years to come.

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

From 2012 to 2015, the rate of growth in terms of prices for the UK amounted to X% per year.

Polyphenols And Phenol-Alcohols Imports

Imports into Bangladesh

In 2021, polyphenols and phenol-alcohols imports into Bangladesh soared to X tons, growing by X% compared with the year before. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, polyphenols and phenol-alcohols imports surged to $X in 2021. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest polyphenols and phenol-alcohols supplier to Bangladesh, accounting for a X% share of total imports. Moreover, polyphenols and phenol-alcohols imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was occupied by Thailand (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Thailand (-X% per year).

In value terms, India ($X) constituted the largest supplier of polyphenols and phenol-alcohols to Bangladesh, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with an X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2021, the average annual growth rate of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Thailand (-X% per year).

Import Prices by Country

The average polyphenols and phenol-alcohols import price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform