Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh - 2022

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh (FOB) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh (CIF) - 2022
3. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh
4. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh (FOB) - 2022

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,919 per ton, rising by 11% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for granules and powders, of pig iron, spiegeleisen, iron or steels increased by +78.0% against 2012 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($1,913 per ton), while the average price for exports to China amounted to $1,205 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+17.5%).

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $742 per ton in 2022, reducing by -3.9% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 52%. Over the period under review, average import prices reached the maximum at $1,554 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($2,899 per ton), while the price for Malaysia ($138 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.7%), while the prices for the other major suppliers experienced a decline.

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh

For the fourth year in a row, Bangladesh recorded growth in overseas shipments of granules and powders, of pig iron, spiegeleisen, iron or steels, which increased by 10% to 3.9K tons in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 174% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels soared to $7.5M in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 281%. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Bangladesh in 2022:

1. Malaysia (3.9K tons)

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Bangladesh

For the fourth consecutive year, Bangladesh recorded growth in purchases abroad of granules and powders, of pig iron, spiegeleisen, iron or steels, which increased by 1.8% to 952 tons in 2022. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 2.6%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels declined modestly to $707K in 2022. Overall, imports, however, showed a pronounced setback.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Bangladesh in 2022:

1. India (882.7 tons)
2. China (32.4 tons)
3. South Korea (15.6 tons)