Price for Refined Copper Tube and Pipe in Bangladesh - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Bangladesh (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Bangladesh (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Bangladesh
- Exports of Refined Copper Tube and Pipe in Bangladesh
Price for Refined Copper Tube and Pipe in Bangladesh (CIF) - 2022
In 2022, the average import price for tubes and pipes of refined copper amounted to $10,425 per ton, growing by 6.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($11,045 per ton), while the price for Malaysia ($5,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined Copper Tube and Pipe in Bangladesh (FOB) - 2022
In 2022, the average export price for tubes and pipes of refined copper amounted to $20,400 per ton, which is down by -2% against the previous year. Overall, the export price recorded a noticeable descent. Over the period under review, the average export prices attained the maximum at $32,800 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +12.5% per year.
Imports of Refined Copper Tube and Pipe in Bangladesh
In 2022, the amount of tubes and pipes of refined copper imported into Bangladesh contracted significantly to 3.1K tons, with a decrease of -20.9% compared with the previous year's figure. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 195% against the previous year.
In value terms, refined copper tube and pipe imports contracted rapidly to $32M in 2022. In general, imports, however, recorded notable growth. The most prominent rate of growth was recorded in 2021 with an increase of 300% against the previous year. As a result, imports attained the peak of $38M, and then contracted remarkably in the following year.
| Import of Refined Copper Tube and Pipe in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.2 | 6.4 | 32.8 | 28.1 | 9.8% |
| Thailand | 4.1 | 1.4 | 3.6 | 1.6 | -26.9% |
| Vietnam | 1.4 | 0.7 | 0.2 | 0.7 | -20.6% |
| Malaysia | 0.1 | 0.1 | 0.5 | 0.5 | 71.0% |
| Others | 1.0 | 0.9 | 1.0 | 1.2 | 6.3% |
| Total | 27.8 | 9.5 | 38.0 | 32.0 | 4.8% |
Top Suppliers of Refined Copper Tube and Pipe to Bangladesh in 2022:
- China (2680.2 tons)
- Thailand (150.6 tons)
- Malaysia (82.7 tons)
- Vietnam (58.9 tons)
Exports of Refined Copper Tube and Pipe in Bangladesh
Refined copper tube and pipe exports from Bangladesh shrank remarkably to 40 kg in 2022, with a decrease of -18.4% compared with the previous year. Overall, exports showed a deep downturn.
In value terms, refined copper tube and pipe exports shrank sharply to $816 in 2022. In general, exports showed a dramatic decline.
| Export of Refined Copper Tube and Pipe in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Norway | N/A | 816 | 0% | ||
| India | 884 | N/A | 0% | ||
| Maldives | 136 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1,020 | 816 | -20.0% | ||
Top Export Markets for Refined Copper Tube and Pipe from Bangladesh in 2022:
- Norway (40.0 kg)
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