Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $14,300 per ton, shrinking by -6.6% against the previous year. Over the period under review, the import price, however, posted resilient growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 90%. Over the period under review, average import prices reached the maximum at $15,312 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($28,938 per ton), while the price for Thailand ($2,564 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $25,000 per ton in 2022, shrinking by -3.8% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 20% against the previous year. Over the period under review, the average export prices attained the maximum at $55,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.6% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh

In 2022, approx. 306 tons of polymers, natural; alginic acid, its salts and esters, in primary formses were imported into Bangladesh; shrinking by -20.9% compared with the previous year's figure. In general, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 75%. As a result, imports attained the peak of 387 tons, and then reduced remarkably in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses shrank markedly to $4.4M in 2022. Overall, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 109% against the previous year. As a result, imports attained the peak of $5.9M, and then contracted dramatically in the following year.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Bangladesh in 2022:

1. China (131.6 tons)
2. Japan (100.8 tons)
3. Germany (39.2 tons)
4. Switzerland (13.1 tons)
5. France (10.5 tons)
6. India (5.8 tons)
7. Sri Lanka (1.3 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Bangladesh

In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses exported from Bangladesh was estimated at 1 kg, remaining relatively unchanged against 2021 figures. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses dropped modestly to $25 in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 14%.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Bangladesh in 2022:

1. China (1.0 kg)

Source: IndexBox Market Intelligence Platform