Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bangladesh - 2022
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bangladesh (CIF) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bangladesh
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bangladesh (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $2,352 per ton, surging by 30% against the previous year. Over the period under review, the import price enjoyed a notable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 108%. The import price peaked at $2,761 per ton in 2019; however, from 2020 to 2022, 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 Singapore ($34,328 per ton), while the price for South Africa ($2,070 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+33.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bangladesh
In 2022, after two years of decline, there was significant growth in purchases abroad of monophenols; phenol (hydroxybenzene) and its saltses, when their volume increased by 23% to 274 tons. Overall, imports, however, faced a abrupt contraction.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses surged to $645K in 2022. In general, imports, however, saw a abrupt curtailment.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 238 | 154 | 153 | 282 | 5.8% |
| Taiwan (Chinese) | 128 | 85.0 | 19.4 | 131 | 0.8% |
| India | 565 | 520 | 112 | 104 | -43.1% |
| South Africa | 52.2 | 78.2 | 72.5 | 84.7 | 17.5% |
| United Arab Emirates | 20.6 | 23.6 | 19.9 | 21.4 | 1.3% |
| China | 82.7 | 9.8 | 10.8 | 5.4 | -59.7% |
| Others | 14.1 | 16.6 | 14.5 | 16.4 | 5.2% |
| Total | 1,100 | 887 | 402 | 645 | -16.3% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Bangladesh in 2022:
- South Korea (127.4 tons)
- Taiwan (Chinese) (61.4 tons)
- South Africa (40.9 tons)
- India (31.6 tons)
- United Arab Emirates (10.2 tons)
- China (1.9 tons)
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