Price for Copper; Refined and Copper Alloys, Unwrought in Bangladesh - 2022

Contents:

1. Price for Copper; Refined and Copper Alloys, Unwrought in Bangladesh (CIF) - 2022
2. Price for Copper; Refined and Copper Alloys, Unwrought in Bangladesh (FOB) - 2022
3. Imports of Copper; Refined and Copper Alloys, Unwrought in Bangladesh
4. Exports of Copper; Refined and Copper Alloys, Unwrought in Bangladesh

Price for Copper; Refined and Copper Alloys, Unwrought in Bangladesh (CIF) - 2022

The average import price for copper; refined and copper alloys, unwroughts stood at $8,841 per ton in 2022, reducing by -3.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51% against the previous year. As a result, import price reached the peak level of $9,124 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($21,417 per ton), while the price for India ($6,425 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Refined and Copper Alloys, Unwrought in Bangladesh (FOB) - 2022

In 2022, the average export price for copper; refined and copper alloys, unwroughts amounted to $3,674 per ton, shrinking by -4.8% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 18% against the previous year. The export price peaked at $6,615 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($3,718 per ton), while the average price for exports to Malaysia ($2,374 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-4.9%), while the prices for the other major destinations experienced a decline.

Imports of Copper; Refined and Copper Alloys, Unwrought in Bangladesh

In 2022, purchases abroad of copper; refined and copper alloys, unwroughts was finally on the rise to reach 18K tons after two years of decline. Overall, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of copper; refined and copper alloys, unwroughts surged to $157M in 2022. Over the period under review, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper; Refined and Copper Alloys, Unwrought to Bangladesh in 2022:

1. Australia (8.7K tons)
2. Singapore (3.2K tons)
3. Malaysia (2.6K tons)
4. Netherlands (2.6K tons)
5. China (0.5K tons)
6. Taiwan (Chinese) (0.1K tons)

Exports of Copper; Refined and Copper Alloys, Unwrought in Bangladesh

Exports of copper; refined and copper alloys, unwroughts from Bangladesh surged to 59 tons in 2022, with an increase of 20% on the previous year. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 20% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of copper; refined and copper alloys, unwroughts stood at $216K in 2022. The total export value increased at an average annual rate of +13.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Copper; Refined and Copper Alloys, Unwrought from Bangladesh in 2022:

1. South Korea (56.6 tons)
2. Malaysia (1.9 tons)
3. India (0.2 tons)

Source: IndexBox Market Intelligence Platform