Price for Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh - 2022

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of aluminium stood at $20 per unit in 2022, with a decrease of -18% against the previous year. In general, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of 60% against the previous year. The import price peaked at $29 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($24 per unit), while the price for Malaysia ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%), while the prices for the other major suppliers experienced a decline.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of aluminium stood at $12 per unit in 2022, increasing by 9.1% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for containers for compressed or liquefied gas, of aluminium decreased by -29.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 98% against the previous year. Over the period under review, the average export prices reached the peak figure at $16 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($12 per unit), while the average price for exports to Thailand totaled $11 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh

In 2022, approx. 104K units of containers for compressed or liquefied gas, of aluminium were imported into Bangladesh; growing by 2.3% compared with the year before. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 262% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of containers for compressed or liquefied gas, of aluminium contracted rapidly to $2M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 216%. As a result, imports attained the peak of $2.4M, and then reduced notably in the following year.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1072251,3281,281128.8%
China26334364638413.4%
United States14230.611798.5-11.5%
Singapore31.846.610395.744.4%
India10.324.411892.8108.1%
Thailand22.718.319.519.0-5.8%
Malaysia5.04.84.94.6-2.7%
Others90.772.985.156.5-14.6%
Total6737652,4222,03244.5%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Bangladesh in 2022:

  1. United Kingdom (66.3K units)
  2. China (16.2K units)
  3. India (6.3K units)
  4. United States (5.0K units)
  5. Singapore (4.5K units)
  6. Malaysia (3.0K units)
  7. Thailand (1.1K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh

In 2022, shipments abroad of containers for compressed or liquefied gas, of aluminium was finally on the rise to reach 25 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a abrupt downturn. Over the period under review, the exports of hit record highs at 38 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of containers for compressed or liquefied gas, of aluminium soared to $290 in 2022. Overall, exports, however, showed a precipitous decline. Over the period under review, the exports of hit record highs at $625 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Bangladesh (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands258226121222-4.9%
Thailand36718833.068.0-43.0%
IndiaN/AN/A48.0N/A0%
OthersN/AN/AN/AN/A0%
Total625414202290-22.6%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Bangladesh in 2022:

  1. Netherlands (19.0 units)
  2. Thailand (6.0 units)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Aluminium; containers for compressed or liquefied gas - Bangladesh