Price for Iron Ore and Concentrate, Non-Agglomerated in Bangladesh - 2022
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Bangladesh (CIF) - 2022
- Imports of Iron Ore and Concentrate, Non-Agglomerated in Bangladesh
Price for Iron Ore and Concentrate, Non-Agglomerated in Bangladesh (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, non-agglomerated amounted to $161 per ton, with a decrease of -23.7% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 37%. Over the period under review, average import prices hit record highs at $1,181 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 -24.1% per year.
Imports of Iron Ore and Concentrate, Non-Agglomerated in Bangladesh
For the fourth year in a row, Bangladesh recorded growth in overseas purchases of iron ores and concentrates, non-agglomerated, which increased by 1,043% to 27K tons in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron ore and concentrate, non-agglomerated imports skyrocketed to $4.3M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron Ore and Concentrate, Non-Agglomerated in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 21.6 | 7.5 | 52.9 | 461 | 177.4% |
| Others | 35.2 | 160 | 442 | 3,856 | 378.5% |
| Total | 56.8 | 168 | 495 | 4,317 | 323.6% |
Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Bangladesh in 2022:
- India (7.2K tons)
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