Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Bangladesh - 2022
Contents:
- Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Bangladesh (CIF) - 2022
- Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Bangladesh
Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Bangladesh (CIF) - 2022
In 2022, the average import price for carbonaceous pastes for electrodes and furnace linings amounted to $1,148 per ton, growing by 76% against the previous year. In general, the import price continues to indicate perceptible growth. The pace of growth was the most pronounced in 2017 an increase of 165% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($1,221 per ton), while the price for India stood at $1,132 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+65.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Bangladesh
Imports of carbonaceous pastes for electrodes and furnace linings into Bangladesh surged to 1.9K tons in 2022, growing by 21% against 2021. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 56%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of carbonaceous pastes for electrodes and furnace linings soared to $2.1M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbonaceous Pastes for Electrodes and Furnace Linings in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 603 | 724 | 924 | 1,754 | 42.7% |
| Norway | N/A | N/A | 80.6 | 373 | 362.8% |
| Others | 7.3 | N/A | N/A | 2.3 | -32.0% |
| Total | 610 | 724 | 1,005 | 2,130 | 51.7% |
Top Suppliers of Carbonaceous Pastes for Electrodes and Furnace Linings to Bangladesh in 2022:
- India (1550.0 tons)
- Norway (305.7 tons)
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