Price for Steel, Stainless; Ingots and Other Primary Forms in Bangladesh - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Bangladesh (CIF) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Bangladesh
Price for Steel, Stainless; Ingots and Other Primary Forms in Bangladesh (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $2,788 per ton in 2022, jumping by 29% against the previous year. In general, the import price saw a remarkable increase. The growth pace was the most rapid in 2019 an increase of 730% against the previous year. As a result, import price reached the peak level of $10,774 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($6,702 per ton), while the price for India amounted to $2,677 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.4%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Bangladesh
In 2022, purchases abroad of steel, stainless; ingots and other primary formses decreased by -86.1% to 1.7 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 73,542%. As a result, imports reached the peak of 23 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; ingots and other primary formses shrank significantly to $4.7K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 14,399%. As a result, imports reached the peak of $48K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Steel, Stainless; Ingots and Other Primary Forms in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | 25.4 | 4.4 | -82.7% |
Singapore | 0.3 | 0.3 | 1.2 | 0.3 | 0.0% |
Saudi Arabia | N/A | 48.1 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.3 | 48.4 | 26.6 | 4.7 | 150.2% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Bangladesh in 2022:
- India (1653.0 kg)
- Singapore (47.0 kg)
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Bangladesh.
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 global market for stainless steel in ingots or other primary forms.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Bangladesh.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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