Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh - 2022
Contents:
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh (FOB) - 2022
- Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh (CIF) - 2022
- Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh
- Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh (FOB) - 2022
In 2022, the average export price for copper; copper-tin base alloys (bronze) unwroughts amounted to $8,877 per ton, rising by 13% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 copper; copper-tin base alloys (bronze) unwroughts increased by +53.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($21,203 per ton), while the average price for exports to Japan amounted to $6,859 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+10.0%).
Price for Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh (CIF) - 2022
The average import price for copper; copper-tin base alloys (bronze) unwroughts stood at $8,586 per ton in 2022, rising by 8.3% against the previous year. In general, the import price recorded strong growth. The growth pace was the most rapid in 2014 an increase of 87% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,916 per ton), while the price for India amounted to $1,743 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+71.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh
In 2022, exports of copper; copper-tin base alloys (bronze) unwroughts from Bangladesh contracted sharply to 7 tons, which is down by -63.2% on 2021 figures. Overall, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 12%.
In value terms, exports of copper; copper-tin base alloys (bronze) unwroughts shrank sharply to $62K in 2022. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of $149K, and then fell sharply in the following year.
Export of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 53.5 | 57.0 | 66.6 | 41.3 | -8.3% |
Malaysia | 46.1 | 53.2 | 82.6 | 20.9 | -23.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 99.6 | 110 | 149 | 62.1 | -14.6% |
Top Export Markets for Copper; Copper-Tin Base Alloys (Bronze) Unwrought from Bangladesh in 2022:
- Japan (6.0 tons)
- Malaysia (1.0 tons)
Imports of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh
In 2022, the amount of copper; copper-tin base alloys (bronze) unwroughts imported into Bangladesh fell remarkably to 169 kg, waning by -90.3% on 2021 figures. Overall, imports showed a precipitous curtailment. The smallest decline of -48.5% was in 2020.
In value terms, imports of copper; copper-tin base alloys (bronze) unwroughts declined markedly to $1.5K in 2022. Over the period under review, imports recorded a sharp contraction. The smallest decline of -42.8% was in 2020.
Import of Copper; Copper-Tin Base Alloys (Bronze) Unwrought in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 21.9 | 24.4 | 11.9 | 1.3 | -61.0% |
India | 21.5 | 1.3 | 1.3 | 0.1 | -83.3% |
Others | 1.6 | N/A | 0.6 | N/A | -38.8% |
Total | 45.0 | 25.7 | 13.8 | 1.5 | -67.8% |
Top Suppliers of Copper; Copper-Tin Base Alloys (Bronze) Unwrought to Bangladesh in 2022:
- Germany (95.0 kg)
- India (74.0 kg)
This report provides an in-depth analysis of the copper market in Bangladesh.
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