Price for Mineral Substances Not Elsewhere Specified or Included in Bangladesh - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Bangladesh (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Bangladesh (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Bangladesh
- Exports of Mineral Substances Not Elsewhere Specified or Included in Bangladesh
Price for Mineral Substances Not Elsewhere Specified or Included in Bangladesh (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $136 per ton in 2022, picking up by 7.3% against the previous year. Overall, the import price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of 57%. As a result, import price attained the peak level of $222 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($575 per ton), while the price for Indonesia ($55 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Bangladesh (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $3,422 per ton, rising by 13% against the previous year. In general, the export price posted a perceptible increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 251% against the previous year. As a result, the export price reached the peak level of $4,436 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +67.2% per year.
Imports of Mineral Substances Not Elsewhere Specified or Included in Bangladesh
Imports of mineral substances not elsewhere specified or includeds into Bangladesh declined significantly to 31K tons in 2022, with a decrease of -31.5% compared with the previous year's figure. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 109%. As a result, imports reached the peak of 45K tons, and then contracted sharply in the following year.
In value terms, imports of mineral substances not elsewhere specified or includeds contracted markedly to $4.2M in 2022. Overall, imports, however, recorded a modest expansion. The pace of growth was the most pronounced in 2021 when imports increased by 112% against the previous year. As a result, imports attained the peak of $5.7M, and then shrank markedly in the following year.
| Import of Mineral Substances Not Elsewhere Specified or Included in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 483 | 513 | 991 | 727 | 14.6% |
| India | 486 | 549 | 606 | 565 | 5.1% |
| Indonesia | 719 | 495 | 1,568 | 558 | -8.1% |
| China | 324 | 122 | 560 | 131 | -26.1% |
| Others | 1,951 | 984 | 1,931 | 2,179 | 3.8% |
| Total | 3,964 | 2,663 | 5,656 | 4,159 | 1.6% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Bangladesh in 2022:
- Indonesia (10.1K tons)
- India (6.3K tons)
- Vietnam (2.0K tons)
- China (0.7K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Bangladesh
In 2022, overseas shipments of mineral substances not elsewhere specified or includeds decreased by -8.3% to 7.6 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 6,742%.
In value terms, exports of mineral substances not elsewhere specified or includeds rose modestly to $26K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 5,890%. As a result, the exports reached the peak of $27K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Mineral Substances Not Elsewhere Specified or Included in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.1 | 26.8 | N/A | 24.0 | 521.4% |
| Hong Kong SAR | N/A | N/A | 9.9 | N/A | 0% |
| China | N/A | N/A | 15.3 | N/A | 0% |
| Others | 0.4 | N/A | N/A | 2.0 | 71.0% |
| Total | 0.4 | 26.8 | 25.2 | 26.0 | 302.1% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Bangladesh in 2022:
- Singapore (7.5 tons)
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