Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bangladesh - 2022
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bangladesh (CIF) - 2022
- Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bangladesh
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bangladesh (CIF) - 2022
In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $855 per ton, with an increase of 11% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,942 per ton), while the price for Japan ($750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bangladesh
In 2022, imports of alloy steel flat-rolled products, of a width 600mm or mores into Bangladesh contracted sharply to 237K tons, with a decrease of -47.6% against 2021 figures. Overall, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2.7%.
In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores shrank significantly to $202M in 2022. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, imports reached the peak of $348M, and then shrank rapidly in the following year.
| Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 73.8 | 80.6 | 127 | 120 | 17.6% |
| China | 191 | 115 | 192 | 47.9 | -36.9% |
| France | 0.9 | 2.3 | 15.1 | 14.0 | 149.6% |
| India | 1.0 | 1.3 | 2.0 | 11.0 | 122.4% |
| Others | 21.0 | 14.4 | 12.4 | 10.0 | -21.9% |
| Total | 288 | 213 | 348 | 202 | -11.2% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Bangladesh in 2022:
- Japan (159.4K tons)
- China (38.5K tons)
- France (17.9K tons)
- India (10.6K tons)
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