Price for Winding Wire, Other than of Copper in Bangladesh - 2022
Contents:
- Price for Winding Wire, Other than of Copper in Bangladesh (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Bangladesh (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Bangladesh
- Exports of Winding Wire, Other than of Copper in Bangladesh
Price for Winding Wire, Other than of Copper in Bangladesh (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $9,400 per ton, with an increase of 51% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($44,699 per ton), while the price for Thailand ($1,857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Bangladesh (FOB) - 2022
In 2022, the average export price for winding wire, other than of coppers amounted to $38,173 per ton, increasing by 146% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($48,286 per ton), while the average price for exports to India ($15,989 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 Japan (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Bangladesh
Imports of winding wire, other than of coppers into Bangladesh contracted to 571 tons in 2022, dropping by -6% on the year before. Overall, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 104% against the previous year.
In value terms, imports of winding wire, other than of coppers soared to $5.2M in 2022. Over the period under review, imports showed a sharp contraction. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year.
| Import of Winding Wire, Other than of Copper in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2.8 | 1.3 | 2.1 | 2.7 | -1.2% |
| India | 9.6 | 0.3 | 0.4 | 1.1 | -51.4% |
| China | 1.2 | 0.4 | 1.1 | 1.1 | -2.9% |
| United States | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Sri Lanka | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 13.8 | 2.0 | 3.8 | 5.2 | -27.8% |
Top Suppliers of Winding Wire, Other than of Copper to Bangladesh in 2022:
- China (381.0 tons)
- Vietnam (118.2 tons)
- India (24.9 tons)
- United States (14.8 tons)
- Sri Lanka (8.4 tons)
Exports of Winding Wire, Other than of Copper in Bangladesh
In 2022, exports of winding wire, other than of coppers from Bangladesh amounted to 107 kg, with an increase of 3.9% compared with the previous year. Over the period under review, exports, however, recorded a abrupt slump.
In value terms, exports of winding wire, other than of coppers skyrocketed to $2K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Winding Wire, Other than of Copper in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.0 | 354 | 677 | 1,503 | 530.4% |
| Japan | 442 | 764 | 596 | 338 | -8.6% |
| Malaysia | 171 | 295 | 230 | 130 | -8.7% |
| Democratic Republic of the Congo | 639 | N/A | N/A | N/A | 0% |
| Others | 5.0 | 1.0 | 80.0 | 13.0 | 37.5% |
| Total | 1,263 | 1,414 | 1,583 | 1,984 | 16.2% |
Top Export Markets for Winding Wire, Other than of Copper from Bangladesh in 2022:
- India (94.0 kg)
- Japan (7.0 kg)
- Malaysia (4.0 kg)
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