Salts; Tungstates (Wolframates) Price in Bangladesh - 2022

Contents:

  1. Salts; Tungstates (Wolframates) Price in Bangladesh (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Imports in Bangladesh

Salts; Tungstates (Wolframates) Price in Bangladesh (CIF) - 2022

The average salts; tungstates (wolframates) import price stood at $42,016 per ton in 2022, growing by 173% against the previous year. Overall, the import price, however, recorded a deep slump. Over the period under review, average import prices hit record highs at $72,720 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 India ($49,204 per ton), while the price for Spain amounted to $14,923 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-4.1%).

Salts; Tungstates (Wolframates) Imports in Bangladesh

In 2022, overseas purchases of salts; tungstates (wolframates) were finally on the rise to reach 62 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep slump.

In value terms, salts; tungstates (wolframates) imports soared to $2.6K in 2022. Over the period under review, imports, however, faced a sharp shrinkage.

Import of Salts; Tungstates (Wolframates) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6.80.5N/A2.4-29.3%
Spain0.4N/A0.10.2-20.6%
OthersN/AN/AN/AN/A0%
Total7.20.60.12.6-28.8%

Top Suppliers of Salts; Tungstates (Wolframates) to Bangladesh in 2022:

  1. India (49.0 kg)
  2. Spain (13.0 kg)

Source: IndexBox Market Intelligence Platform

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