Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bangladesh - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bangladesh (CIF) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bangladesh
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bangladesh (CIF) - 2022
The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $610 per ton in 2022, dropping by -16.1% against the previous year. In general, the import price continues to indicate a slight descent. The growth pace was the most rapid in 2016 an increase of 78% against the previous year. Over the period under review, average import prices hit record highs at $727 per ton in 2021, and then dropped sharply in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($593 per ton), while the price for Canada stood at $437 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.1%).
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bangladesh
In 2022, overseas purchases of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses increased by 19% to 7.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep reduction.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses dropped modestly to $4.5M in 2022. Overall, imports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 1.2%.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | 4.2 | 4.2 | 4.1 | -15.5% |
| Canada | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Total | 7.0 | 4.5 | 4.5 | 4.5 | -13.7% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Bangladesh in 2022:
- China (6.9K tons)
- Canada (0.4K tons)
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