Price for Nickel; Tubes and Pipes, of Nickel Alloys in Bangladesh - 2022
Contents:
- Price for Nickel; Tubes and Pipes, of Nickel Alloys in Bangladesh (CIF) - 2022
- Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Bangladesh
Price for Nickel; Tubes and Pipes, of Nickel Alloys in Bangladesh (CIF) - 2022
The average import price for nickel; tubes and pipes, of nickel alloyses stood at $15,108 per ton in 2022, falling by -14.5% against the previous year. Over the period under review, the import price showed a slight shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 74%. Over the period under review, average import prices attained the peak figure at $27,315 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($121,415 per ton), while the price for India ($4,900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.3%), while the prices for the other major suppliers experienced a decline.
Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Bangladesh
Imports of nickel; tubes and pipes, of nickel alloyses into Bangladesh soared to 6.1 tons in 2022, with an increase of 26% on 2021. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 67% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of nickel; tubes and pipes, of nickel alloyses rose notably to $93K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.5% 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 +93.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Tubes and Pipes, of Nickel Alloys in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 8.9 | 17.7 | 21.8 | 31.1 | 51.7% |
| Taiwan (Chinese) | 14.6 | 26.2 | 29.2 | 30.8 | 28.3% |
| United Kingdom | 11.2 | 33.1 | 28.2 | 22.7 | 26.6% |
| China | 10.2 | 2.3 | 3.8 | 5.0 | -21.2% |
| India | 0.2 | 0.2 | 1.6 | 0.7 | 51.8% |
| Others | 2.9 | N/A | 1.4 | 2.4 | -6.1% |
| Total | 48.0 | 79.5 | 86.0 | 92.6 | 24.5% |
Top Suppliers of Nickel; Tubes and Pipes, of Nickel Alloys to Bangladesh in 2022:
- Singapore (5.7 tons)
- United Kingdom (0.2 tons)
- India (0.1 tons)
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