Price for Aluminium; Tubes and Pipes in Bangladesh - 2022
Contents:
- Price for Aluminium; Tubes and Pipes in Bangladesh (CIF) - 2022
- Price for Aluminium; Tubes and Pipes in Bangladesh (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Bangladesh
- Exports of Aluminium; Tubes and Pipes in Bangladesh
Price for Aluminium; Tubes and Pipes in Bangladesh (CIF) - 2022
In 2022, the average aluminium; tubes and pipes import price amounted to $3,671 per ton, reducing by -5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 23%. As a result, import price reached the peak level of $4,705 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($3,929 per ton) and China ($3,638 per ton), while the price for Malaysia ($2,762 per ton) and India ($3,427 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium; Tubes and Pipes in Bangladesh (FOB) - 2022
The average aluminium; tubes and pipes export price stood at $16,988 per ton in 2022, dropping by -28.7% against the previous year. Overall, the export price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 95% against the previous year. The export price peaked at $23,841 per ton in 2021, and then declined notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +14.4% per year.
Imports of Aluminium; Tubes and Pipes in Bangladesh
In 2022, the amount of aluminium; tubes and pipeses imported into Bangladesh fell markedly to 2.7K tons, waning by -25.4% compared with the year before. In general, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 103%. As a result, imports attained the peak of 3.6K tons, and then reduced markedly in the following year.
In value terms, aluminium; tubes and pipes imports shrank notably to $9.8M in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 139%. As a result, imports attained the peak of $14M, and then dropped remarkably in the following year.
| Import of Aluminium; Tubes and Pipes in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 5.0 | 12.6 | 9.0 | 16.4% |
| India | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Malaysia | 0.2 | 0.3 | 0.4 | 0.1 | -20.6% |
| Others | 0.7 | 0.3 | 0.5 | 0.3 | -24.6% |
| Total | 6.9 | 5.8 | 13.9 | 9.8 | 12.4% |
Top Suppliers of Aluminium; Tubes and Pipes to Bangladesh in 2022:
- China (2486.0 tons)
- India (102.6 tons)
- Malaysia (38.1 tons)
Exports of Aluminium; Tubes and Pipes in Bangladesh
In 2022, shipments abroad of aluminium; tubes and pipeses was finally on the rise to reach 1.1 tons after two years of decline. In general, exports, however, faced a precipitous descent.
In value terms, aluminium; tubes and pipes exports soared to $18K in 2022. Overall, exports, however, faced a sharp shrinkage.
| Export of Aluminium; Tubes and Pipes in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 48.0 | 22.4 | 4.1 | 17.5 | -28.6% |
| Germany | N/A | 9.6 | N/A | N/A | 0% |
| Others | 1.0 | 0.6 | 0.2 | 0.9 | -3.5% |
| Total | 49.0 | 32.6 | 4.3 | 18.5 | -27.7% |
Top Export Markets for Aluminium; Tubes and Pipes from Bangladesh in 2022:
- Vietnam (1065.0 kg)
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