Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh - 2022

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $9,715 per ton, waning by -10.8% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 tubing; flexible, with or without fittings, of base metals increased by +27.5% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 44%. The import price peaked at $13,331 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Netherlands ($36,841 per ton), while the price for China ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $41,786 per ton in 2022, surging by 41% against the previous year. Overall, the export price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2013 an increase of 61%. As a result, the export price reached the peak level of $44,611 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($63,400 per ton), while the average price for exports to Ireland ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh

In 2022, imports of tubing; flexible, with or without fittings, of base metals into Bangladesh skyrocketed to 600 tons, growing by 32% compared with the year before. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tubing; flexible, with or without fittings, of base metals soared to $5.8M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Bangladesh in 2022:

1. China (306.5 tons)
2. Russia (121.8 tons)
3. South Korea (61.6 tons)
4. India (36.8 tons)
5. Hong Kong SAR (30.8 tons)
6. Germany (3.5 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Bangladesh

In 2022, exports of tubing; flexible, with or without fittings, of base metals from Bangladesh soared to 14 kg, growing by 27% against the year before. Overall, exports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 158% against the previous year. As a result, the exports reached the peak of 580 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tubing; flexible, with or without fittings, of base metals skyrocketed to $585 in 2022. Over the period under review, exports, however, recorded a sharp decrease. The pace of growth was the most pronounced in 2020 when exports increased by 251% against the previous year. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Bangladesh in 2022:

1. India (5.0 kg)
2. China (4.0 kg)
3. Maldives (1.0 kg)
4. Costa Rica (1.0 kg)
5. Germany (1.0 kg)
6. Ireland (1.0 kg)
7. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform