Sulphides; of Sodium Price in Bangladesh - 2022
Contents:
Sulphides; of Sodium Price in Bangladesh (CIF) - 2022
In 2022, the average sulphides; of sodium import price amounted to $530 per ton, with an increase of 53% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, 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 +2.5% per year.
Sulphides; of Sodium Imports in Bangladesh
In 2022, purchases abroad of sulphides; of sodia decreased by -55.3% to 8K tons, falling for the second year in a row after two years of growth. Overall, imports showed a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 6.9% against the previous year. As a result, imports reached the peak of 20K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sulphides; of sodium imports fell sharply to $4.2M in 2022. In general, imports saw a abrupt decline. The smallest decline of -7.1% was in 2021.
Import of Sulphides; of Sodium in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.2 | 6.5 | 6.0 | 4.2 | -16.4% |
Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
Total | 7.4 | 6.6 | 6.2 | 4.2 | -17.2% |
Top Suppliers of Sulphides; of Sodium to Bangladesh in 2022:
- China (7.9K tons)
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