Price for Nickel; Bars, Rods, Profiles and Wire in Bangladesh - 2022
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Bangladesh (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Bangladesh (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Bangladesh
- Exports of Nickel; Bars, Rods, Profiles and Wire in Bangladesh
Price for Nickel; Bars, Rods, Profiles and Wire in Bangladesh (CIF) - 2022
In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $3,631 per ton, falling by -6.6% against the previous year. In general, the import price showed a perceptible descent. The growth pace was the most rapid in 2014 an increase of 51% against the previous year. Over the period under review, average import prices attained the peak figure at $10,912 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($25,921 per ton), while the price for Indonesia ($1,756 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.0%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Bars, Rods, Profiles and Wire in Bangladesh (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $21,663 per ton, standing approx. at the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2020 when the average export price decreased by 99.9%. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($69,667 per ton), while the average price for exports to China stood at $18,724 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-5.3%).
Imports of Nickel; Bars, Rods, Profiles and Wire in Bangladesh
In 2022, the amount of nickel; bars, rods, profiles and wires imported into Bangladesh soared to 42 tons, growing by 74% against 2021 figures. In general, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 126%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of nickel; bars, rods, profiles and wires surged to $154K in 2022. Overall, imports, however, showed a mild setback.
| Import of Nickel; Bars, Rods, Profiles and Wire in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 102 | 48.5 | 52.6 | 65.1 | -13.9% |
| China | 28.6 | 8.0 | 23.3 | 49.2 | 19.8% |
| India | 1.5 | 7.6 | 4.4 | 14.4 | 112.5% |
| Others | 27.4 | 14.2 | 14.3 | 25.0 | -3.0% |
| Total | 160 | 78.3 | 94.6 | 154 | -1.3% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Bangladesh in 2022:
- Indonesia (37.1 tons)
- India (3.1 tons)
- China (1.9 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Bangladesh
After two years of decline, overseas shipments of nickel; bars, rods, profiles and wires decreased by 0% to 104 kg in 2022. Overall, exports faced a significant decline. The smallest decline of 99.9% was in 2020.
In value terms, exports of nickel; bars, rods, profiles and wires totaled $2.3K in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of 99.9% was in 2020.
| Export of Nickel; Bars, Rods, Profiles and Wire in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 1.8 | 0% |
| Netherlands | N/A | N/A | N/A | 0.4 | 0% |
| Singapore | 17.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.3 | N/A | N/A | 2.3 | -49.0% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Bangladesh in 2022:
- China (98.0 kg)
- Netherlands (6.0 kg)
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