Price for Copper; Powders and Flakes in Bangladesh - 2022

Price for Copper; Powders and Flakes in Bangladesh (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $5,447 per ton, dropping by -7.9% against the previous year. Overall, the import price recorded a noticeable setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 23%. Over the period under review, average import prices hit record highs at $10,449 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 China ($15,215 per ton), while the price for Malaysia ($3,661 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Powders and Flakes in Bangladesh (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $1,684 per ton, waning by -17.9% against the previous year. Over the period under review, the export price, however, enjoyed noticeable growth. The growth pace was the most rapid in 2014 when the average export price increased by 54%. The export price peaked at $4,129 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($1,766 per ton), while the average price for exports to India stood at $1,602 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.6%).

Imports of Copper; Powders and Flakes in Bangladesh

Copper; powders and flakes imports into Bangladesh plummeted to 204 tons in 2022, which is down by -38.7% against 2021 figures. Over the period under review, imports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 33%.

In value terms, copper; powders and flakes imports shrank markedly to $1.1M in 2022. Overall, imports faced a deep contraction. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of $2M, and then contracted rapidly in the following year.

Import of Copper; Powders and Flakes in Bangladesh (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	1,558	875	1,308	570	-28.5%
Belgium	304	309	544	500	18.0%
Others	74.1	120	115	39.0	-19.3%
Total	1,935	1,304	1,966	1,109	-16.9%

Top Suppliers of Copper; Powders and Flakes to Bangladesh in 2022:

Malaysia (155.7 tons)
Belgium (45.9 tons)

Exports of Copper; Powders and Flakes in Bangladesh

For the fourth year in a row, Bangladesh recorded growth in shipments abroad of copper; powders and flakeses, which increased by 523% to 34 tons in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper; powders and flakes exports soared to $57K in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.