Price for Tin; Waste and Scrap in Bangladesh - 2022
Contents:
- Price for Tin; Waste and Scrap in Bangladesh (CIF) - 2022
- Imports of Tin; Waste and Scrap in Bangladesh
Price for Tin; Waste and Scrap in Bangladesh (CIF) - 2022
The average tin; waste and scrap import price stood at $5,019 per ton in 2022, surging by 80% against the previous year. In general, the import price saw a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($24,711 per ton), while the price for the Philippines ($1,874 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tin; Waste and Scrap in Bangladesh
In 2022, overseas purchases of tin; waste and scraps decreased by -38.2% to 26 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 5.2% against the previous year. As a result, imports reached the peak of 87 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, tin; waste and scrap imports expanded remarkably to $132K in 2022. Over the period under review, imports showed a pronounced reduction.
| Import of Tin; Waste and Scrap in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 9.5 | 15.6 | 35.7 | 47.4 | 70.9% |
| Australia | 57.7 | 50.4 | 36.3 | 38.5 | -12.6% |
| Philippines | 44.0 | 36.3 | 24.7 | 24.8 | -17.4% |
| United States | 38.8 | 31.5 | 21.1 | 20.9 | -18.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 150 | 134 | 118 | 132 | -4.2% |
Top Suppliers of Tin; Waste and Scrap to Bangladesh in 2022:
- Philippines (13.2 tons)
- Australia (6.7 tons)
- Malaysia (5.4 tons)
- United States (0.8 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
