Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bangladesh - 2022

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bangladesh (CIF) - 2022
  2. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bangladesh

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bangladesh (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $88,056 per ton in 2022, rising by 8.8% against the previous year. Over the period under review, the import price saw a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 69%. Over the period under review, average import prices hit record highs at $99,587 per ton in 2019; however, from 2020 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 Japan ($276,683 per ton), while the price for China ($25,276 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bangladesh

Imports of balances; of a sensitivity of 5cg or better, with or without weightses into Bangladesh fell to 20 tons in 2022, waning by -13.7% on the year before. In general, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports attained the peak of 23 tons, and then fell in the following year.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses shrank to $1.7M in 2022. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany703462662530-9.0%
Poland19814816829013.6%
China2301893292665.0%
Netherlands549219161213-27.1%
Japan44.326.042.711437.0%
Philippines61.284.213569.74.4%
South Korea37.55.419511.8-32.0%
Others306184191241-7.7%
Total2,1291,3171,8821,736-6.6%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Bangladesh in 2022:

  1. China (10.5 tons)
  2. Poland (3.7 tons)
  3. Germany (2.4 tons)
  4. Netherlands (0.9 tons)
  5. Philippines (0.5 tons)
  6. Japan (0.4 tons)
  7. South Korea (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - Bangladesh