Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Bangladesh - 2022
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Bangladesh (CIF) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Bangladesh
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Bangladesh (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $56,000 per ton in 2022, increasing by 10% against the previous year. In general, the import price enjoyed strong growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 53% against the previous year. The import price peaked at $95,000 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.0% per year.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Bangladesh
In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap imported into Bangladesh skyrocketed to 11 kg, with an increase of 57% compared with 2021 figures. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 600%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap soared to $616 in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 275%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Bangladesh (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 171 | 95.0 | 343 | 616 | 53.3% |
Singapore | N/A | N/A | 13.0 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 171 | 95.0 | 356 | 616 | 53.3% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Bangladesh in 2022:
- India (11.0 kg)
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