Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bangladesh - 2022
Contents:
- Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bangladesh (CIF) - 2022
- Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bangladesh
Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bangladesh (CIF) - 2022
In 2022, the average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses amounted to $9,495 per ton, picking up by 5.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($29,543 per ton), while the price for Indonesia ($6,145 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 (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bangladesh
In 2022, purchases abroad of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses decreased by -11.4% to 196 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 decreased by -29.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 101%. As a result, imports attained the peak of 278 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses dropped to $1.9M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 90%.
| Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 244 | 569 | 522 | 954 | 57.5% |
| China | 355 | 719 | 709 | 418 | 5.6% |
| Turkey | 227 | 246 | 232 | 203 | -3.7% |
| India | 131 | 239 | 321 | 194 | 14.0% |
| Singapore | 24.1 | 31.6 | 36.3 | 38.9 | 17.3% |
| Russia | N/A | 93.8 | 123 | N/A | 31.1% |
| Others | 39.7 | 42.8 | 41.1 | 51.3 | 8.9% |
| Total | 1,021 | 1,941 | 1,985 | 1,860 | 22.1% |
Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Bangladesh in 2022:
- Thailand (84.3 tons)
- China (56.0 tons)
- Turkey (28.4 tons)
- India (20.1 tons)
- Singapore (3.8 tons)
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This report provides an in-depth analysis of the market for copper bars, wire and plates in Bangladesh.
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This report provides an in-depth analysis of the global market for copper bars, wire and plates.
