Bangladesh - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bangladesh - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Alloys Price in Bangladesh - 2022

Contents:

  1. Zinc Alloys Price in Bangladesh (CIF) - 2022
  2. Zinc Alloys Price in Bangladesh (FOB) - 2022
  3. Zinc Alloys Imports in Bangladesh
  4. Zinc Alloys Exports in Bangladesh

Zinc Alloys Price in Bangladesh (CIF) - 2022

In 2022, the average zinc alloys import price amounted to $2,963 per ton, with a decrease of -9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36% against the previous year. The import price peaked at $3,282 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Hong Kong SAR ($3,364 per ton), while the price for Switzerland ($1,302 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Zinc Alloys Price in Bangladesh (FOB) - 2022

In 2022, the average zinc alloys export price amounted to $2,122 per ton, therefore, remained relatively stable against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc alloys export price decreased by -8.4% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $2,317 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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 +4.4% per year.

Zinc Alloys Imports in Bangladesh

After three years of growth, purchases abroad of unwrought zinc alloys decreased by -6.8% to 4.8K tons in 2022. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year.

In value terms, zinc alloys imports plummeted to $14M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +33.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports reached the peak of $17M, and then contracted rapidly in the following year.

Import of Zinc Alloys in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea4.26.96.24.41.6%
Hong Kong SAR2.21.13.14.022.1%
Australia1.00.92.01.923.9%
Taiwan (Chinese)0.40.42.61.968.1%
China0.30.91.20.838.7%
United Kingdom1.10.30.40.4-28.6%
Switzerland0.20.30.30.20.0%
Others1.10.70.90.5-23.1%
Total10.511.516.714.110.3%

Top Suppliers of Zinc Alloys to Bangladesh in 2022:

  1. South Korea (1392.6 tons)
  2. Hong Kong SAR (1188.3 tons)
  3. Taiwan (Chinese) (658.7 tons)
  4. Australia (643.9 tons)
  5. China (237.6 tons)
  6. Switzerland (186.4 tons)
  7. United Kingdom (179.7 tons)

Zinc Alloys Exports in Bangladesh

In 2022, after three years of growth, there was decline in overseas shipments of unwrought zinc alloys, when their volume decreased by -0.2% to 662 tons. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 329% against the previous year.

In value terms, zinc alloys exports reduced to $1.4M in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 308%.

Export of Zinc Alloys in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.31.41.41.467.1%
OthersN/AN/AN/AN/A0%
Total0.31.41.41.467.1%

Top Export Markets for Zinc Alloys from Bangladesh in 2022:

  1. India (661.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc alloys market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24431250 - Unwrought zinc alloys (excluding zinc dust, powders and flakes)

Country coverage:

  • Bangladesh

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bangladesh
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.

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Free Data: Unwrought Zinc Alloys - Bangladesh