Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh (CIF) - 2022
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh (FOB) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh (CIF) - 2022
The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $11,454 per ton in 2022, reducing by -18.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 91%. As a result, import price attained the peak level of $19,769 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 China ($21,439 per ton), while the price for Singapore ($9,150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh (FOB) - 2022
In 2022, the average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $11,536 per ton, surging by 46% against the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $30,780 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($11,943 per ton), while the average price for exports to France amounted to $2,030 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-8.5%).
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh
In 2022, approx. 60 tons of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) were imported into Bangladesh; with an increase of 22% against 2021 figures. Over the period under review, imports, however, saw a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) shrank to $692K in 2022. Overall, imports, however, faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 116% against the previous year.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.5 | 1.3 | 5.2 | 162 | 376.2% |
| France | 73.0 | 10.5 | 32.8 | 144 | 25.4% |
| United Kingdom | 160 | 91.9 | 136 | 124 | -8.1% |
| Germany | 50.5 | 39.4 | 117 | 98.5 | 24.9% |
| South Korea | 36.7 | 51.3 | 79.5 | 76.1 | 27.5% |
| India | 169 | 99.4 | 237 | 54.8 | -31.3% |
| Belgium | 5.0 | 5.0 | 23.9 | 21.2 | 61.9% |
| Russia | 2,438 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 22.8 | 63.7 | 10.4 | 60.8% |
| Total | 2,936 | 322 | 695 | 692 | -38.2% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Bangladesh in 2022:
- Singapore (17.7 tons)
- United Kingdom (12.4 tons)
- France (8.9 tons)
- Germany (7.7 tons)
- South Korea (6.9 tons)
- India (4.8 tons)
- Belgium (1.5 tons)
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh
In 2022, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) from Bangladesh soared to 25 tons, jumping by 70% against the previous year. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 331%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) soared to $288K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 67.3 | 65.1 | 106 | 286 | 62.0% |
| France | 2.2 | 0.8 | 0.2 | 2.1 | -1.5% |
| Thailand | N/A | 69.3 | N/A | N/A | 0% |
| Kuwait | N/A | N/A | 9.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 69.5 | 135 | 116 | 288 | 60.6% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Bangladesh in 2022:
- India (23.9 tons)
- France (1.0 tons)
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