Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh - 2022

Contents:

  1. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh (CIF) - 2022
  2. Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh (FOB) - 2022
  3. Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh
  4. Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh

Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh (CIF) - 2022

In 2022, the average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $9,465 per ton, increasing by 2.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices attained the peak figure at $9,490 per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($10,006 per ton), while the price for Turkey ($4,947 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-2.5%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh (FOB) - 2022

In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $8,014 per ton, with an increase of 53% against the previous year. Overall, the export price continues to indicate a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($8,424 per ton), while the average price for exports to India totaled $6,301 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+16.5%).

Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh

In 2022, supplies from abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s decreased by -9.6% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year.

In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s fell to $24M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, imports attained the peak of $26M, and then declined in the following year.

Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia4.811.521.318.356.2%
Japan2.41.24.24.826.0%
China1.00.60.51.00.0%
Turkey0.10.20.20.226.0%
United States3.01.7N/AN/A-43.3%
Others0.10.10.20.10.0%
Total11.415.426.324.428.9%

Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Bangladesh in 2022:

  1. Indonesia (1929.2 tons)
  2. Japan (475.4 tons)
  3. China (116.4 tons)
  4. Turkey (49.3 tons)

Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh

In 2022, shipments abroad of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s increased by 551% to 5.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a mild expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s surged to $43K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/AN/A36.40%
India15.310.02.86.5-24.8%
United StatesN/AN/A1.5N/A0%
OthersN/AN/AN/AN/A0%
Total15.310.04.342.941.0%

Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Bangladesh in 2022:

  1. Indonesia (4.3 tons)
  2. India (1.0 tons)

Source: IndexBox Market Intelligence Platform

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