Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Bangladesh - 2022
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Bangladesh (CIF) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Bangladesh
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Bangladesh (CIF) - 2022
In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $3,896 per ton, surging by 46% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 124%. As a result, import price attained the peak level of $4,404 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,210 per ton), while the price for Japan ($1,229 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Bangladesh
In 2022, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Bangladesh soared to 543 tons, picking up by 284% compared with the previous year's figure. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s soared to $2.1M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 207 | 1,019 | 177 | 1,718 | 102.5% |
| Japan | 74.2 | 106 | 82.3 | 134 | 21.8% |
| India | 32.0 | 7.6 | 25.1 | 100 | 46.2% |
| Italy | 99.0 | 96.9 | 61.1 | 80.5 | -6.7% |
| Malaysia | 4.4 | 5.4 | 3.7 | 63.2 | 143.1% |
| Spain | 14.7 | 13.1 | N/A | N/A | -10.9% |
| Others | 12.4 | 17.5 | 28.2 | 18.1 | 13.4% |
| Total | 443 | 1,265 | 377 | 2,114 | 68.4% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Bangladesh in 2022:
- China (322.3 tons)
- Japan (109.2 tons)
- India (48.4 tons)
- Malaysia (48.4 tons)
- Italy (13.0 tons)
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