Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $62,261 per ton, growing by 12% against the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 47%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
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 Japan ($187,925 per ton), while the price for India ($27,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh (FOB) - 2022
The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $18,724 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for China.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Bangladesh skyrocketed to 1.7 tons, rising by 195% on the previous year's figure. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $107K in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 15.1 | 23.4 | 93.8 | 129.1% |
| Japan | 3.1 | 6.5 | 7.1 | 10.0 | 47.8% |
| Singapore | 1.3 | 1.4 | 1.2 | 1.3 | 0.0% |
| Others | 1.7 | 1.1 | 0.9 | 2.3 | 10.6% |
| Total | 13.8 | 24.1 | 32.6 | 107 | 97.9% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Bangladesh in 2022:
- China (1595.0 kg)
- Japan (53.0 kg)
- Singapore (39.0 kg)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh
In 2022, overseas shipments of nickel; bars, rods and profiles, of nickel alloyses decreased by 0% to 98 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a sharp downturn. The smallest decline of 99.9% was in 2020.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses totaled $1.8K in 2022. Over the period under review, exports faced a precipitous decrease. The smallest decline of 99.9% was in 2020.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 1.8 | 0% |
| Singapore | 29.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.5 | N/A | N/A | 1.8 | -60.6% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Bangladesh in 2022:
- China (98.0 kg)
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