Price for Zinc; Dust, Powders and Flakes in Bangladesh - 2022

Contents:

1. Price for Zinc; Dust, Powders and Flakes in Bangladesh (FOB) - 2022
2. Price for Zinc; Dust, Powders and Flakes in Bangladesh (CIF) - 2022
3. Exports of Zinc; Dust, Powders and Flakes in Bangladesh
4. Imports of Zinc; Dust, Powders and Flakes in Bangladesh

Price for Zinc; Dust, Powders and Flakes in Bangladesh (FOB) - 2022

The average export price for zinc; dust, powders and flakeses stood at $3,452 per ton in 2022, increasing by 13% against the previous year. In general, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 173% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($24,689 per ton), while the average price for exports to Thailand ($2,956 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 Saudi Arabia (+157.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Bangladesh (CIF) - 2022

In 2022, the average import price for zinc; dust, powders and flakeses amounted to $4,401 per ton, with an increase of 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 an increase of 25%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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 Germany ($18,799 per ton), while the price for Malaysia ($1,649 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in Bangladesh

Zinc; dust, powders and flakes exports from Bangladesh stood at 298 tons in 2022, picking up by 6.2% against the previous year's figure. In general, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 131% against the previous year.

In value terms, zinc; dust, powders and flakes exports soared to $1M in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 208%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Zinc; Dust, Powders and Flakes from Bangladesh in 2022:

1. Thailand (265.3 tons)
2. India (22.0 tons)
3. Taiwan (Chinese) (3.2 tons)
4. Saudi Arabia (1.9 tons)

Imports of Zinc; Dust, Powders and Flakes in Bangladesh

In 2022, approx. 157 tons of zinc; dust, powders and flakeses were imported into Bangladesh; growing by 34% on the previous year's figure. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 129%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, zinc; dust, powders and flakes imports skyrocketed to $692K in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 186% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Zinc; Dust, Powders and Flakes to Bangladesh in 2022:

1. India (133.4 tons)
2. United Arab Emirates (9.4 tons)
3. South Korea (4.6 tons)
4. Japan (4.2 tons)
5. Malaysia (2.7 tons)
6. Singapore (1.8 tons)
7. China (0.5 tons)

Source: IndexBox Market Intelligence Platform