Price for Zinc; Waste and Scrap in Bangladesh - 2022

Contents:

1. Price for Zinc; Waste and Scrap in Bangladesh (CIF) - 2022
2. Price for Zinc; Waste and Scrap in Bangladesh (FOB) - 2022
3. Imports of Zinc; Waste and Scrap in Bangladesh
4. Exports of Zinc; Waste and Scrap in Bangladesh

Price for Zinc; Waste and Scrap in Bangladesh (CIF) - 2022

In 2022, the average zinc; waste and scrap import price amounted to $354 per ton, falling by -39.9% against the previous year. Over the period under review, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 56% against the previous year. As a result, import price attained the peak level of $1,107 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -1.4% per year.

Price for Zinc; Waste and Scrap in Bangladesh (FOB) - 2022

The average zinc; waste and scrap export price stood at $2,463 per ton in 2022, approximately reflecting the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; waste and scrap export price decreased by -1.7% against 2018 indices. The growth pace was the most rapid in 2015 when the average export price increased by 35% against the previous year. The export price peaked at $2,506 per ton in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($4,210 per ton), while the average price for exports to India amounted to $2,260 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Waste and Scrap in Bangladesh

Zinc; waste and scrap imports into Bangladesh skyrocketed to 8.7K tons in 2022, with an increase of 495% compared with the previous year. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,145% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, zinc; waste and scrap imports surged to $3.1M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 930% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Zinc; Waste and Scrap to Bangladesh in 2022:

1. Malaysia (8.7K tons)

Exports of Zinc; Waste and Scrap in Bangladesh

In 2022, the amount of zinc; waste and scraps exported from Bangladesh declined dramatically to 1K tons, which is down by -15.5% against 2021. In general, exports continue to indicate a drastic downturn. The smallest decline of -8.1% was in 2020.

In value terms, zinc; waste and scrap exports fell remarkably to $2.5M in 2022. Over the period under review, exports faced a abrupt curtailment. The smallest decline of -8.4% was in 2021.

Top Export Markets for Zinc; Waste and Scrap from Bangladesh in 2022:

1. India (921.8 tons)
2. Taiwan (Chinese) (106.9 tons)

Source: IndexBox Market Intelligence Platform