Sulphides; Polysulphides Price in Bangladesh - 2022

Contents:

  1. Sulphides; Polysulphides Price in Bangladesh (CIF) - 2022
  2. Sulphides; Polysulphides Imports in Bangladesh

Sulphides; Polysulphides Price in Bangladesh (CIF) - 2022

In 2022, the average sulphides; polysulphides import price amounted to $532 per ton, surging by 50% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides; polysulphides import price increased by +59.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 55%. As a result, import price reached the peak level of $657 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 India ($812 per ton), while the price for China amounted to $527 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%).

Sulphides; Polysulphides Imports in Bangladesh

In 2022, overseas purchases of sulphides; polysulphideses decreased by -55.5% to 8.1K tons, falling for the second year in a row after two years of growth. In general, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 6.1%. As a result, imports attained the peak of 20K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphides; polysulphides imports dropped remarkably to $4.3M in 2022. Over the period under review, imports faced a abrupt contraction. The smallest decline of -4.7% was in 2021.

Import of Sulphides; Polysulphides in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.26.56.04.2-16.4%
India0.30.10.30.1-30.7%
Others0.10.10.10.10.0%
Total7.66.76.44.3-17.3%

Top Suppliers of Sulphides; Polysulphides to Bangladesh in 2022:

  1. China (7.9K tons)
  2. India (0.1K tons)

Source: IndexBox Market Intelligence Platform

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