Nickel; Unwrought, Alloys Price in Bangladesh - 2022

Contents:

  1. Nickel; Unwrought, Alloys Price in Bangladesh (CIF) - 2022
  2. Nickel; Unwrought, Alloys Imports in Bangladesh

Nickel; Unwrought, Alloys Price in Bangladesh (CIF) - 2022

In 2022, the average nickel; unwrought, alloys import price amounted to $47,000 per ton, with an increase of 55% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $49,269 per ton in 2016; however, from 2017 to 2022, 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 the United States ($56,269 per ton), while the price for Switzerland ($4,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.8%), while the prices for the other major suppliers experienced a decline.

Nickel; Unwrought, Alloys Imports in Bangladesh

In 2022, the amount of nickel; unwrought, alloyses imported into Bangladesh reduced notably to 35 kg, waning by -92.3% on 2021. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 3,143%. As a result, imports attained the peak of 454 kg, and then fell significantly in the following year.

In value terms, nickel; unwrought, alloys imports contracted remarkably to $1.6K in 2022. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 3,170%. As a result, imports attained the peak of $14K, and then shrank remarkably in the following year.

Import of Nickel; Unwrought, Alloys in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.80.412.81.5-5.9%
India0.3N/A0.90.2-12.6%
SwitzerlandN/AN/A0.1N/A0%
OthersN/AN/AN/AN/A0%
Total2.10.413.81.6-8.7%

Top Suppliers of Nickel; Unwrought, Alloys to Bangladesh in 2022:

  1. United States (26.0 kg)
  2. India (7.0 kg)
  3. Switzerland (2.0 kg)

Source: IndexBox Market Intelligence Platform

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