Price for Zinc; Powders and Flakes in Bangladesh - 2022

Contents:

  1. Price for Zinc; Powders and Flakes in Bangladesh (FOB) - 2022
  2. Price for Zinc; Powders and Flakes in Bangladesh (CIF) - 2022
  3. Exports of Zinc; Powders and Flakes in Bangladesh
  4. Imports of Zinc; Powders and Flakes in Bangladesh

Price for Zinc; Powders and Flakes in Bangladesh (FOB) - 2022

The average zinc; powders and flakes export price stood at $974 per ton in 2022, with a decrease of -12.7% against the previous year. In general, the export price saw a abrupt contraction. The growth pace was the most rapid in 2019 an increase of 29% against the previous year. Over the period under review, the average export prices reached the maximum at $1,814 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($1,686 per ton), while the average price for exports to Thailand amounted to $93 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-16.4%), while the prices for the other major destinations experienced a decline.

Price for Zinc; Powders and Flakes in Bangladesh (CIF) - 2022

In 2022, the average zinc; powders and flakes import price amounted to $4,199 per ton, rising by 1.7% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 56%. The import price peaked at $6,509 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 South Korea ($15,375 per ton), while the price for Germany ($3,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Powders and Flakes in Bangladesh

Zinc; powders and flakes exports from Bangladesh fell to 373 tons in 2022, declining by -12.5% on the previous year's figure. Over the period under review, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year.

In value terms, zinc; powders and flakes exports contracted notably to $363K in 2022. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 71%. As a result, the exports reached the peak of $475K, and then plummeted in the following year.

Export of Zinc; Powders and Flakes in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia23525231434814.0%
Thailand34.026.117.715.6-22.9%
Spain183N/AN/AN/A0%
Taiwan (Chinese)N/AN/A143N/A0%
OthersN/AN/AN/AN/A0%
Total452278475363-7.0%

Top Export Markets for Zinc; Powders and Flakes from Bangladesh in 2022:

  1. Saudi Arabia (206.2 tons)
  2. Thailand (166.7 tons)

Imports of Zinc; Powders and Flakes in Bangladesh

Zinc; powders and flakes imports into Bangladesh soared to 1.5 tons in 2022, picking up by 3,064% on 2021 figures. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc; powders and flakes imports surged to $6.2K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Zinc; Powders and Flakes in Bangladesh (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India77.01432.02,227207.0%
China4582,8561182,20368.8%
Germany3901,27865.01,53557.9%
France16587.03.0156-1.9%
Others53.01206.012332.4%
Total1,1434,4841946,24476.1%

Top Suppliers of Zinc; Powders and Flakes to Bangladesh in 2022:

  1. India (638.0 kg)
  2. Germany (501.0 kg)
  3. China (329.0 kg)
  4. France (11.0 kg)

Source: IndexBox Market Intelligence Platform

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