Price for Vanadium Oxides and Hydroxides in Bangladesh - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Bangladesh (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Bangladesh
Price for Vanadium Oxides and Hydroxides in Bangladesh (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $20,348 per ton in 2022, growing by 2.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 51% against the previous year. The import price peaked at $32,920 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.9% per year.
Imports of Vanadium Oxides and Hydroxides in Bangladesh
Vanadium oxides and hydroxides imports into Bangladesh declined slightly to 3.1 tons in 2022, reducing by -3.2% on 2021. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 6.8%.
In value terms, vanadium oxides and hydroxides imports contracted to $62K in 2022. Overall, imports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 2%.
| Import of Vanadium Oxides and Hydroxides in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 158 | 61.5 | 60.7 | 62.1 | -26.7% |
| Spain | N/A | N/A | 2.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 158 | 61.5 | 62.7 | 62.1 | -26.7% |
Top Suppliers of Vanadium Oxides and Hydroxides to Bangladesh in 2022:
- India (3.1 tons)
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