Price for Copper; Waste and Scrap in Bangladesh - 2022
Contents:
- Price for Copper; Waste and Scrap in Bangladesh (FOB) - 2022
- Price for Copper; Waste and Scrap in Bangladesh (CIF) - 2022
- Exports of Copper; Waste and Scrap in Bangladesh
- Imports of Copper; Waste and Scrap in Bangladesh
Price for Copper; Waste and Scrap in Bangladesh (FOB) - 2022
The average copper; waste and scrap export price stood at $7,896 per ton in 2022, rising by 15% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; waste and scrap export price increased by +53.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 34%. The export price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($9,134 per ton) and Spain ($8,919 per ton), while the average price for exports to Vietnam ($7,214 per ton) and China ($7,448 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Copper; Waste and Scrap in Bangladesh (CIF) - 2022
The average copper; waste and scrap import price stood at $1,539 per ton in 2022, jumping by 57% against the previous year. Overall, the import price, however, showed a abrupt descent. The growth pace was the most rapid in 2015 an increase of 294%. As a result, import price attained the peak level of $6,617 per ton. From 2016 to 2022, the average 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 Singapore ($13,169 per ton), while the price for the UK ($817 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Copper; Waste and Scrap in Bangladesh
In 2022, the amount of copper; waste and scraps exported from Bangladesh fell sharply to 8.2K tons, which is down by -32.6% against the previous year. Overall, exports showed a noticeable decrease. The pace of growth was the most pronounced in 2021 when exports increased by 69% against the previous year. As a result, the exports attained the peak of 12K tons, and then fell dramatically in the following year.
In value terms, copper; waste and scrap exports declined notably to $65M in 2022. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 126% against the previous year. As a result, the exports reached the peak of $84M, and then declined remarkably in the following year.
| Export of Copper; Waste and Scrap in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.8 | 6.9 | 18.1 | 14.2 | 9.6% |
| China | 0.7 | 1.1 | 21.1 | 12.3 | 160.0% |
| Spain | 6.7 | 5.0 | 8.7 | 11.7 | 20.4% |
| Japan | 11.8 | 9.9 | 11.0 | 10.6 | -3.5% |
| South Korea | 8.5 | 3.5 | 10.3 | 6.8 | -7.2% |
| Belgium | 1.1 | 0.9 | 3.3 | 2.9 | 38.1% |
| Germany | 4.6 | 2.8 | 3.5 | 2.0 | -24.2% |
| Vietnam | 1.0 | 2.4 | 3.3 | 1.7 | 19.3% |
| Others | 5.4 | 4.6 | 4.4 | 2.7 | -20.6% |
| Total | 50.5 | 37.0 | 83.7 | 64.9 | 8.7% |
Top Export Markets for Copper; Waste and Scrap from Bangladesh in 2022:
- India (1908.9 tons)
- China (1649.2 tons)
- Spain (1309.0 tons)
- Japan (1255.4 tons)
- South Korea (792.1 tons)
- Belgium (317.8 tons)
- Germany (251.1 tons)
- Vietnam (242.0 tons)
Imports of Copper; Waste and Scrap in Bangladesh
In 2022, copper; waste and scrap imports into Bangladesh contracted notably to 2.3K tons, waning by -15.8% compared with 2021. In general, imports continue to indicate a sharp contraction.
In value terms, copper; waste and scrap imports skyrocketed to $3.6M in 2022. Overall, imports continue to indicate a abrupt curtailment.
| Import of Copper; Waste and Scrap in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.4 | 1.9 | 2.1 | 1.6 | -33.3% |
| Singapore | 0.3 | 0.5 | N/A | 0.7 | 32.6% |
| United Arab Emirates | 0.2 | N/A | N/A | 0.6 | 44.2% |
| United States | N/A | 0.1 | 0.6 | 0.5 | 123.6% |
| Others | 0.1 | 0.5 | N/A | 0.1 | 0.0% |
| Total | 6.0 | 3.0 | 2.7 | 3.6 | -15.7% |
Top Suppliers of Copper; Waste and Scrap to Bangladesh in 2022:
- United Kingdom (1946.1 tons)
- United States (250.2 tons)
- Singapore (52.4 tons)
- United Arab Emirates (49.8 tons)
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