Metals; Silver Powder Price in Bangladesh - 2022
Contents:
Metals; Silver Powder Price in Bangladesh (CIF) - 2022
The average metals; silver powder import price stood at $126,766 per ton in 2022, which is down by -18.6% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by 230% against the previous year. The import price peaked at $1,485,500 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 ($1,258,000 per ton), while the price for Japan amounted to $117,569 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+194.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metals; Silver Powder Imports in Bangladesh
In 2022, after three years of growth, there was significant decline in purchases abroad of metals; silver powder, when their volume decreased by -60.8% to 124 kg. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,767% against the previous year.
In value terms, metals; silver powder imports declined sharply to $16K in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 268%. As a result, imports attained the peak of $49K, and then reduced markedly in the following year.
| Import of Metals; Silver Powder in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 11.9 | 47.8 | 14.5 | 10.4% |
| India | 6.7 | 1.5 | 1.4 | 1.3 | -42.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.7 | 13.4 | 49.2 | 15.7 | 32.8% |
Top Suppliers of Metals; Silver Powder to Bangladesh in 2022:
- Japan (123.0 kg)
- India (1.0 kg)
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