Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh - 2022
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh (CIF) - 2022
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh (FOB) - 2022
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh (CIF) - 2022
In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,986 per ton, surging by 26% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s increased by +77.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 41%. Over the period under review, average import prices reached the peak figure at $4,070 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,117 per ton), while the price for Saudi Arabia ($1,892 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh (FOB) - 2022
In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,760 per ton, picking up by 3.8% against the previous year. In general, the export price posted a tangible expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2013 to 2022, the rate of growth in terms of prices for the Philippines amounted to 0.0% per year.
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh
Imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Bangladesh rose notably to 6.4K tons in 2022, surging by 8.8% compared with 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $25M in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 154% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 4.3 | 14.2 | 20.7 | 47.9% |
| India | 1.8 | 2.0 | 3.3 | 3.0 | 18.6% |
| Indonesia | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
| Saudi Arabia | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Others | 0.6 | 0.4 | 0.4 | 0.8 | 10.1% |
| Total | 9.1 | 7.3 | 18.5 | 25.3 | 40.6% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Bangladesh in 2022:
- China (5.1K tons)
- India (0.7K tons)
- Saudi Arabia (0.2K tons)
- Indonesia (0.2K tons)
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh
Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Bangladesh soared to 100 kg in 2022, growing by 33% on 2021 figures. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $476 in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 476 | 0% |
| Austria | N/A | N/A | 344 | N/A | 0% |
| Kuwait | 248 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 248 | N/A | 344 | 476 | 24.3% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Bangladesh in 2022:
- Norway (100.0 kg)
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This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Bangladesh.
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