Bangladesh - Unwrought Zinc - Market Analysis, Forecast, Size, Trends And Insights
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View PricingZinc Price in Bangladesh - 2022
Contents:
- Zinc Price in Bangladesh (CIF) - 2022
- Zinc Price in Bangladesh (FOB) - 2022
- Zinc Imports in Bangladesh
- Zinc Exports in Bangladesh
Zinc Price in Bangladesh (CIF) - 2022
The average zinc import price stood at $3,582 per ton in 2022, growing by 22% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc import price increased by +55.3% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 39%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($3,964 per ton), while the price for Singapore ($1,636 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Zinc Price in Bangladesh (FOB) - 2022
The average zinc export price stood at $2,745 per ton in 2022, jumping by 20% against the previous year. Overall, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 26%. Over the period under review, the average export prices attained the peak figure at $2,826 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($3,028 per ton), while the average price for exports to India totaled $2,581 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.9%).
Zinc Imports in Bangladesh
For the third year in a row, Bangladesh recorded decline in overseas purchases of unwrought zinc, which decreased by -3.2% to 47K tons in 2022. Overall, imports continue to indicate a noticeable decline.
In value terms, zinc imports skyrocketed to $168M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Zinc in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 17.0 | 26.5 | 29.9 | 39.4 | 32.3% |
South Korea | 42.7 | 16.0 | 25.0 | 32.6 | -8.6% |
Peru | 25.9 | 32.7 | 35.1 | 24.9 | -1.3% |
Australia | 20.6 | 23.3 | 19.9 | 22.9 | 3.6% |
China | 10.4 | 10.4 | 8.7 | 8.0 | -8.4% |
Malaysia | 2.8 | 2.7 | 1.6 | 7.2 | 37.0% |
Singapore | 2.0 | 2.0 | 1.9 | 2.0 | 0.0% |
Brazil | 12.4 | 1.7 | 1.3 | 1.0 | -56.8% |
Others | 8.2 | 3.0 | 19.2 | 29.7 | 53.6% |
Total | 142 | 118 | 143 | 168 | 5.8% |
Top Suppliers of Zinc to Bangladesh in 2022:
- Japan (11.0K tons)
- South Korea (8.7K tons)
- Peru (6.5K tons)
- Australia (5.8K tons)
- China (3.3K tons)
- Malaysia (2.2K tons)
- Singapore (1.2K tons)
- Brazil (0.3K tons)
Zinc Exports in Bangladesh
In 2022, shipments abroad of unwrought zinc decreased by -45.3% to 62 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 72%. As a result, the exports attained the peak of 153 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, zinc exports shrank significantly to $169K in 2022. In general, exports recorded a perceptible descent. The pace of growth appeared the most rapid in 2020 with an increase of 64%. As a result, the exports attained the peak of $322K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Zinc in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 196 | 85.3 | 257 | 101 | -19.8% |
Thailand | N/A | N/A | N/A | 68.2 | 0% |
Taiwan (Chinese) | N/A | 236 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 196 | 322 | 257 | 169 | -4.8% |
Top Export Markets for Zinc from Bangladesh in 2022:
- India (39.1 tons)
- Thailand (22.5 tons)
This report provides an in-depth analysis of the zinc 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 24431230 - Unwrought non-alloy zinc (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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the zinc market in Bangladesh.
This report provides an in-depth analysis of the zinc market in Bangladesh.
This report provides an in-depth analysis of the zinc alloys market in Bangladesh.
This report provides an in-depth analysis of the global zinc market.
This report provides an in-depth analysis of the global zinc market.
This report provides an in-depth analysis of the global zinc alloys market.
This report provides an in-depth analysis of the zinc market in Bangladesh.
This report provides an in-depth analysis of the zinc market in Bangladesh.
This report provides an in-depth analysis of the zinc alloys market in Bangladesh.
This report provides an in-depth analysis of the global zinc market.
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
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.
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
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.