Sulphates; of Copper Price in Bangladesh - 2022
Contents:
Sulphates; of Copper Price in Bangladesh (CIF) - 2022
In 2022, the average sulphates; of copper import price amounted to $2,934 per ton, surging by 18% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The growth pace was the most rapid in 2020 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs at $4,657 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,298 per ton), while the price for Malaysia ($1,563 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Copper Imports in Bangladesh
Sulphates; of copper imports into Bangladesh expanded modestly to 241 tons in 2022, with an increase of 3.1% on the year before. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 321% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, sulphates; of copper imports skyrocketed to $706K in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 214% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Sulphates; of Copper in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | 39.4 | 76.2 | 308 | 256.5% |
| Malaysia | 56.0 | 46.3 | 70.3 | 125 | 30.7% |
| India | 22.9 | 16.4 | 19.0 | 20.5 | -3.6% |
| Russia | N/A | N/A | 306 | N/A | 0% |
| Taiwan (Chinese) | 21.6 | N/A | N/A | N/A | 0% |
| Others | 39.2 | 83.2 | 111 | 253 | 86.2% |
| Total | 146 | 185 | 582 | 706 | 69.1% |
Top Suppliers of Sulphates; of Copper to Bangladesh in 2022:
- Malaysia (79.9 tons)
- China (71.6 tons)
- India (7.0 tons)
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