
Bangladesh - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Bangladesh: Market for Hot-Rolled Bars Of High Speed Steel 2022
Market Size for Hot-Rolled Bars Of High Speed Steel in Bangladesh
The Bangladeshi market for hot-rolled bars of high speed steel declined significantly to $X in 2021, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.
Imports of Hot-Rolled Bars Of High Speed Steel
Imports into Bangladesh
Hot-rolled high speed steel bar imports into Bangladesh shrank markedly to X tons in 2021, waning by -X% compared with 2020 figures. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.
In value terms, hot-rolled high speed steel bar imports reduced rapidly to $X in 2021. Over the period under review, imports, however, posted notable growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X tons) constituted the largest hot-rolled high speed steel bar supplier to Bangladesh, accounting for a X% share of total imports. Moreover, hot-rolled high speed steel bar imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%.
In value terms, China ($X) constituted the largest supplier of hot-rolled high speed steel bar to Bangladesh, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China amounted to +X%.
Import Prices by Country
In 2021, the average import price for hot-rolled bars of high speed steel amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the import price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X per ton in 2020, and then declined modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for India totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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