Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh - 2022
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh (CIF) - 2022
The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $4,957 per ton in 2022, with an increase of 33% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 41%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 Japan ($7,248 per ton), while the price for Bahrain ($2,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh (FOB) - 2022
The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,686 per ton in 2022, shrinking by -46.1% against the previous year. Overall, the export price, however, saw a modest increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 139% against the previous year. The export price peaked at $10,554 per ton in 2021, and then dropped markedly in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($8,000 per ton), while the average price for exports to Malaysia totaled $5,669 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.9%).
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh
In 2022, imports of aluminium; alloys, bars, rods and profiles, other than hollows into Bangladesh surged to 1.4K tons, rising by 34% on 2021 figures. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $7M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,550 | 1,341 | 2,860 | 4,879 | 24.1% |
| Italy | 244 | 149 | 80.8 | 846 | 51.4% |
| India | 173 | 314 | 364 | 470 | 39.5% |
| Japan | 62.5 | 68.5 | 123 | 234 | 55.3% |
| United Arab Emirates | 45.8 | 144 | 118 | 97.3 | 28.6% |
| Malaysia | 5.7 | 6.7 | 8.7 | 84.1 | 145.3% |
| Bahrain | 84.1 | 62.9 | 55.6 | 49.6 | -16.1% |
| Others | 654 | 239 | 301 | 291 | -23.7% |
| Total | 3,820 | 2,325 | 3,911 | 6,951 | 22.1% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Bangladesh in 2022:
- China (1007.7 tons)
- Italy (123.7 tons)
- India (121.0 tons)
- Japan (32.3 tons)
- United Arab Emirates (31.7 tons)
- Malaysia (27.8 tons)
- Bahrain (23.2 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh
In 2022, overseas shipments of aluminium; alloys, bars, rods and profiles, other than hollows increased by 42% to 277 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a dramatic decrease.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows contracted sharply to $1.6K in 2022. Over the period under review, exports, however, recorded a dramatic setback.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 1.6 | 0% |
| Switzerland | 1.3 | N/A | N/A | N/A | 0% |
| India | N/A | 5.9 | N/A | N/A | 0% |
| Nepal | 0.8 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 2.0 | N/A | 0% |
| Saudi Arabia | 7.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.7 | 5.9 | 2.1 | 1.6 | -45.2% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Bangladesh in 2022:
- Malaysia (275.0 kg)
- India (2.0 kg)
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