Price for Railway or Tramway Track Constructions of Iron or Steel in Bangladesh - 2022
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Bangladesh (CIF) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Bangladesh (FOB) - 2022
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Bangladesh
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Bangladesh
Price for Railway or Tramway Track Constructions of Iron or Steel in Bangladesh (CIF) - 2022
The average import price for railway or tramway track constructions of iron or steel stood at $1,324 per ton in 2022, dropping by -3.1% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway track constructions of iron or steel increased by +51.8% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 32%. As a result, import price reached the peak level of $1,366 per ton, and then shrank in the following year.
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 the UK ($3,387 per ton), while the price for Taiwan (Chinese) ($940 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Railway or Tramway Track Constructions of Iron or Steel in Bangladesh (FOB) - 2022
In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $642 per ton, declining by -15.5% against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 204%. Over the period under review, the average export prices attained the peak figure at $3,358 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,674 per ton), while the average price for exports to South Korea stood at $459 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.7%).
Imports of Railway or Tramway Track Constructions of Iron or Steel in Bangladesh
Imports of railway or tramway track constructions of iron or steel into Bangladesh skyrocketed to 29K tons in 2022, growing by 18% against the year before. In general, imports, however, faced a deep slump.
In value terms, imports of railway or tramway track constructions of iron or steel rose rapidly to $38M in 2022. Over the period under review, imports saw a mild increase. The growth pace was the most rapid in 2021 when imports increased by 47%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.1 | 4.3 | 11.5 | 26.3 | 11.3% |
| India | 8.2 | 10.1 | 11.1 | 5.8 | -10.9% |
| Japan | 6.7 | 5.3 | 7.0 | 2.5 | -28.0% |
| United Kingdom | 2.1 | 1.3 | 1.3 | 1.1 | -19.4% |
| Taiwan (Chinese) | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
| Others | 0.6 | 1.4 | 2.2 | 2.2 | 54.2% |
| Total | 37.2 | 22.9 | 33.5 | 38.3 | 1.0% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Bangladesh in 2022:
- China (22.9K tons)
- India (3.7K tons)
- Japan (1.2K tons)
- Taiwan (Chinese) (0.5K tons)
- United Kingdom (0.3K tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Bangladesh
In 2022, approx. 10 tons of railway or tramway track constructions of iron or steel were exported from Bangladesh; rising by 35% compared with the year before. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of railway or tramway track constructions of iron or steel expanded markedly to $6.7K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 4.1 | 0% |
| United Kingdom | 4.5 | 5.1 | 5.5 | 2.6 | -16.7% |
| Malaysia | N/A | N/A | 0.3 | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 4.5 | 5.1 | 5.9 | 6.7 | 14.2% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Bangladesh in 2022:
- South Korea (8.9 tons)
- United Kingdom (1.6 tons)
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This report provides an in-depth analysis of the steel railway material market in Bangladesh.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Bangladesh.
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This report provides an in-depth analysis of the global steel railway material market.
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1319
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
1296
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1319
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
