Price for Zinc; Plates, Sheets, Strip and Foil in Bangladesh - 2022

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Bangladesh (CIF) - 2022
2. Price for Zinc; Plates, Sheets, Strip and Foil in Bangladesh (FOB) - 2022
3. Imports of Zinc; Plates, Sheets, Strip and Foil in Bangladesh
4. Exports of Zinc; Plates, Sheets, Strip and Foil in Bangladesh

Price for Zinc; Plates, Sheets, Strip and Foil in Bangladesh (CIF) - 2022

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $4,849 per ton, surging by 6.2% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 99% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Japan ($24,779 per ton), while the price for Peru ($3,577 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Plates, Sheets, Strip and Foil in Bangladesh (FOB) - 2022

The average export price for zinc; plates, sheets, strip and foils stood at $750 per ton in 2022, with a decrease of -4.1% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price decreased by -4%. The export price peaked at $1,135 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -4.1% per year.

Imports of Zinc; Plates, Sheets, Strip and Foil in Bangladesh

Imports of zinc; plates, sheets, strip and foils into Bangladesh rose markedly to 296 tons in 2022, surging by 14% against 2021 figures. Overall, imports, however, showed a relatively flat trend pattern.

In value terms, imports of zinc; plates, sheets, strip and foils surged to $1.4M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 103%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Bangladesh in 2022:

1. Peru (169.5 tons)
2. China (114.1 tons)
3. Japan (9.4 tons)

Exports of Zinc; Plates, Sheets, Strip and Foil in Bangladesh

For the third consecutive year, Bangladesh recorded decline in shipments abroad of zinc; plates, sheets, strip and foils, which decreased by -16.6% to 6.5 tons in 2022. Overall, exports continue to indicate a abrupt shrinkage. The smallest decline of -16.6% was in 2020.

In value terms, exports of zinc; plates, sheets, strip and foils dropped sharply to $4.9K in 2022. In general, exports showed a sharp shrinkage. The smallest decline of -20% was in 2020.

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Bangladesh in 2022:

1. India (6.5 tons)

Source: IndexBox Market Intelligence Platform