Copper; Master Alloys Price in Bangladesh - 2022

Copper; Master Alloys Price in Bangladesh (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $2,520 per ton, falling by -2.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 37% against the previous year. The import price peaked at $10,609 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Hong Kong SAR amounted to -2.2% per year.

Copper; Master Alloys Imports in Bangladesh

For the fourth year in a row, Bangladesh recorded growth in purchases abroad of copper; master alloyses, which increased by 8.2% to 22 tons in 2022. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.6%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, copper; master alloys imports expanded remarkably to $56K in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 5.7%. Imports peaked in 2022 and are expected to retain growth in years to come.