Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Bangladesh - 2022
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Bangladesh (CIF) - 2022
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Bangladesh
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Bangladesh (CIF) - 2022
In 2022, the average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $548 per ton, growing by 26% against the previous year. Over the period under review, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 82% against the previous year. Over the period under review, average import prices hit record highs at $839 per ton in 2018; however, from 2019 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 Singapore ($1,008 per ton), while the price for Thailand ($264 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Bangladesh
In 2022, the amount of alloy steel, flat-rolled, width 600mm or more, cold-rolleds imported into Bangladesh soared to 729 tons, rising by 200% on the year before. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 708% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds surged to $400K in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 371% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 19.4 | 84.9 | 29.7 | 263 | 138.4% |
| Thailand | 1.2 | 21.3 | 55.3 | 88.9 | 320.0% |
| Belgium | 0.4 | 12.4 | 6.9 | 29.8 | 320.8% |
| India | 7.5 | 30.7 | 11.1 | 16.1 | 29.0% |
| China | 7.7 | 17.3 | 1.9 | 0.1 | -76.5% |
| Russia | N/A | 5.8 | 0.4 | N/A | -93.1% |
| Others | 0.9 | 2.2 | 0.6 | 1.5 | 18.6% |
| Total | 37.0 | 175 | 106 | 400 | 121.1% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Bangladesh in 2022:
- Thailand (336.5 tons)
- Singapore (261.2 tons)
- Belgium (91.1 tons)
- India (36.1 tons)
- China (0.2 tons)
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