Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh - 2022

Contents:

  1. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh (CIF) - 2022
  2. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh (FOB) - 2022
  3. Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh
  4. Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh (CIF) - 2022

In 2022, the average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $168 per ton, approximately mirroring the previous year. In general, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 2.2%. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Sri Lanka.

From 2012 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to 0.0% per year.

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh (FOB) - 2022

The average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $82 per ton in 2022, which is down by -2.6% against the previous year. In general, the export price showed a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 2.7% against the previous year. The export price peaked at $183 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.7% per year.

Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh

Imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) into Bangladesh amounted to 6.8K tons in 2022, stabilizing at 2021 figures. In general, imports faced a abrupt decrease. The smallest decline of 99.9% was in 2021.

In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) totaled $1.1M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Sri LankaN/AN/A1.10%
South Africa1.1N/AN/A0%
OthersN/AN/AN/A0%
Total1.1N/A1.10.0%

Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Bangladesh in 2022:

  1. Sri Lanka (6.8K tons)

Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh

In 2022, shipments abroad of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) increased by 4.8% to 7.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous decrease.

In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $647K in 2022. Overall, exports, however, showed a sharp downturn.

Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,273954634647-20.2%
OthersN/AN/AN/AN/A0%
Total1,273954634647-20.2%

Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Bangladesh in 2022:

  1. China (7.9K tons)

Source: IndexBox Market Intelligence Platform

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