Price for Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh - 2022
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh (FOB) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh (CIF) - 2022
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh
Price for Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $8,075 per ton, picking up by 42% against the previous year. In general, the export price, however, recorded a noticeable descent. The export price peaked at $10,040 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($33,395 per ton), while the average price for exports to Singapore ($6,262 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh (CIF) - 2022
In 2022, the average import price for titanium; articles thereof, including waste and scrap amounted to $32,995 per ton, falling by -23.3% against the previous year. Overall, the import price, however, showed perceptible growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 101% against the previous year. The import price peaked at $63,688 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 UK ($375,649 per ton), while the price for Taiwan (Chinese) ($4,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+96.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh
Exports of titanium; articles thereof, including waste and scrap from Bangladesh soared to 116 tons in 2022, rising by 27% on the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 91%.
In value terms, exports of titanium; articles thereof, including waste and scrap soared to $937K in 2022. In general, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 70.0 | 50.4 | 53.4 | 262 | 55.3% |
| South Korea | 285 | 62.1 | 208 | 250 | -4.3% |
| United States | 277 | 107 | 73.0 | 153 | -18.0% |
| United Kingdom | 10.0 | 15.0 | 36.3 | 147 | 145.0% |
| India | 35.6 | 33.2 | 50.0 | 66.0 | 22.8% |
| China | 15.0 | 19.8 | 64.0 | 58.7 | 57.6% |
| Estonia | N/A | N/A | 36.8 | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 693 | 288 | 521 | 937 | 10.6% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Bangladesh in 2022:
- Singapore (41.8 tons)
- South Korea (36.2 tons)
- United States (14.2 tons)
- United Kingdom (14.0 tons)
- India (8.0 tons)
- China (1.8 tons)
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in overseas purchases of titanium; articles thereof, including waste and scrap, which increased by 27% to 2.3 tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of titanium; articles thereof, including waste and scrap contracted to $75K in 2022. Overall, imports, however, continue to indicate a perceptible slump. The smallest decline of -2.9% was in 2021.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 73.2 | 68.1 | 61.9 | 53.3 | -10.0% |
| United Kingdom | 3.6 | 5.1 | 7.1 | 13.9 | 56.9% |
| China | 1.7 | 2.9 | 3.5 | 3.9 | 31.9% |
| India | 0.1 | 0.2 | 1.7 | 1.0 | 115.4% |
| South Korea | 0.4 | 0.5 | 0.6 | 0.5 | 7.7% |
| Others | 3.0 | 3.0 | 2.7 | 2.5 | -5.9% |
| Total | 82.1 | 79.7 | 77.4 | 75.1 | -2.9% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Bangladesh in 2022:
- United States (1758.0 kg)
- China (310.0 kg)
- India (74.0 kg)
- South Korea (56.0 kg)
- United Kingdom (37.0 kg)
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