Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bangladesh - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bangladesh (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bangladesh
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bangladesh (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $315 per ton, with a decrease of -5.3% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 6.4% against the previous year. As a result, import price attained the peak level of $572 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -5.4% per year.
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bangladesh
For the third year in a row, Bangladesh recorded decline in overseas purchases of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, which decreased by -56.1% to 735 tons in 2022. Over the period under review, imports faced a precipitous shrinkage.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s reduced rapidly to $231K in 2022. In general, imports recorded a precipitous setback.
Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.2 | 1.3 | 0.6 | 0.2 | -60.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.2 | 1.3 | 0.6 | 0.2 | -60.3% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Bangladesh in 2022:
- India (734.4 tons)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Bangladesh.
This report provides an in-depth analysis of the iron and steel market in Bangladesh.
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