Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Bangladesh - 2022

Contents:

  1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Bangladesh (CIF) - 2022
  2. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Bangladesh

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Bangladesh (CIF) - 2022

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $8,841 per ton in 2022, remaining stable against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 48%. As a result, import price attained the peak level of $8,959 per ton, and then shrank slightly in the following year.

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 Singapore ($11,273 per ton), while the price for South Korea ($4,701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Bangladesh

In 2022, overseas purchases of copper; refined, unwrought, cathodes and sections of cathodeses were finally on the rise to reach 18K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses surged to $157M in 2022. In general, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore22.87.04.439.019.6%
South Korea35.125.024.531.6-3.4%
NetherlandsN/AN/AN/A31.30%
Malaysia15.87.823.326.619.0%
India8.51.66.48.81.2%
China13.55.72.36.0-23.7%
Chile2.72.02.02.70.0%
Taiwan (Chinese)3.03.92.41.1-28.4%
Others7.25.96.710.011.6%
Total10959.072.015712.9%

Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Bangladesh in 2022:

  1. South Korea (6.7K tons)
  2. Singapore (3.5K tons)
  3. Netherlands (2.9K tons)
  4. Malaysia (2.8K tons)
  5. India (0.8K tons)
  6. China (0.5K tons)
  7. Chile (0.3K tons)
  8. Taiwan (Chinese) (0.1K tons)

Source: IndexBox Market Intelligence Platform

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