Price for Nickel; Plates, Sheets, Strip and Foil in Bangladesh - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Bangladesh (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil in Bangladesh (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Bangladesh
- Exports of Nickel; Plates, Sheets, Strip and Foil in Bangladesh
Price for Nickel; Plates, Sheets, Strip and Foil in Bangladesh (CIF) - 2022
The average import price for nickel; plates, sheets, strip and foils stood at $24,145 per ton in 2022, reducing by -31.4% against the previous year. Overall, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2019 an increase of 55% against the previous year. Over the period under review, average import prices reached the maximum at $46,063 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 Germany ($110,937 per ton), while the price for Hong Kong SAR ($6,286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+31.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Plates, Sheets, Strip and Foil in Bangladesh (FOB) - 2022
In 2021, the average export price for nickel; plates, sheets, strip and foils amounted to $16,364 per ton, remaining constant against the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 74% against the previous year. As a result, the export price attained the peak level of $22,667 per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2015 to 2021, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.
Imports of Nickel; Plates, Sheets, Strip and Foil in Bangladesh
In 2022, supplies from abroad of nickel; plates, sheets, strip and foils increased by 219% to 5.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foils soared to $134K in 2022. Over the period under review, imports, however, saw a abrupt decrease.
| Import of Nickel; Plates, Sheets, Strip and Foil in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 18.4 | 53.4 | 17.4 | 49.3 | 38.9% |
| Germany | 63.8 | 60.2 | 13.4 | 24.7 | -27.1% |
| Taiwan (Chinese) | 10.1 | 6.8 | 8.1 | 22.4 | 30.4% |
| China | 47.7 | 18.5 | 14.3 | 16.9 | -29.2% |
| United Kingdom | 32.2 | 17.4 | 5.2 | 13.5 | -25.2% |
| India | 1.3 | 57.2 | 0.4 | 0.8 | -14.9% |
| Others | 13.1 | 7.4 | 2.3 | 6.2 | -22.1% |
| Total | 187 | 221 | 61.2 | 134 | -10.5% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Bangladesh in 2022:
- Taiwan (Chinese) (3341.0 kg)
- China (1103.0 kg)
- Singapore (722.0 kg)
- Germany (223.0 kg)
- United Kingdom (58.0 kg)
- India (53.0 kg)
Exports of Nickel; Plates, Sheets, Strip and Foil in Bangladesh
In 2021, the amount of nickel; plates, sheets, strip and foils exported from Bangladesh totaled 55 kg, therefore, remained relatively stable against 2020 figures. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.
In value terms, exports of nickel; plates, sheets, strip and foils totaled $900 in 2021. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in the near future.
| Export of Nickel; Plates, Sheets, Strip and Foil in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Indonesia | N/A | N/A | 900 | 0% | |
| Hong Kong SAR | 68.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 68.0 | N/A | 900 | 263.8% | |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Bangladesh in 2022:
- Indonesia (55.0 kg)
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