Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bangladesh - 2022

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bangladesh (CIF) - 2022
  2. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bangladesh

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bangladesh (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $467 per ton in 2022, falling by -66.2% against the previous year. Over the period under review, the import price showed a perceptible descent. The growth pace was the most rapid in 2013 when the average import price increased by 90%. The import price peaked at $2,407 per ton in 2016; however, from 2017 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 India ($1,774 per ton), while the price for Malaysia stood at $466 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.2%).

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bangladesh

In 2022, approx. 156 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into Bangladesh; increasing by 965% against 2021. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses skyrocketed to $73K in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A72.50%
India5.610.620.20.3-62.3%
OthersN/AN/AN/AN/A0%
Total5.610.620.272.7135.0%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Bangladesh in 2022:

  1. Malaysia (155.7 tons)
  2. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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