Price for Nickel; Waste and Scrap in Bangladesh - 2022

Contents:

1. Price for Nickel; Waste and Scrap in Bangladesh (FOB) - 2022
2. Price for Nickel; Waste and Scrap in Bangladesh (CIF) - 2022
3. Exports of Nickel; Waste and Scrap in Bangladesh
4. Imports of Nickel; Waste and Scrap in Bangladesh

Price for Nickel; Waste and Scrap in Bangladesh (FOB) - 2022

In 2022, the average nickel; waste and scrap export price amounted to $9,687 per ton, rising by 31% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2017 an increase of 36%. Over the period under review, the average export prices attained the maximum at $11,788 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($26,424 per ton), while the average price for exports to Singapore ($6,231 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 Thailand (+90.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel; Waste and Scrap in Bangladesh (CIF) - 2022

In 2022, the average nickel; waste and scrap import price amounted to $3,390 per ton, with a decrease of -45.9% against the previous year. In general, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 96% against the previous year. Over the period under review, average import prices reached the peak figure at $7,263 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -7.3% per year.

Exports of Nickel; Waste and Scrap in Bangladesh

In 2022, the amount of nickel; waste and scraps exported from Bangladesh reduced dramatically to 240 tons, waning by -66.9% compared with 2021. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 96% against the previous year. As a result, the exports attained the peak of 725 tons, and then declined rapidly in the following year.

In value terms, nickel; waste and scrap exports declined significantly to $2.3M in 2022. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 113%. As a result, the exports attained the peak of $5.4M, and then declined significantly in the following year.

Top Export Markets for Nickel; Waste and Scrap from Bangladesh in 2022:

1. Japan (85.6 tons)
2. Singapore (45.1 tons)
3. Malaysia (41.9 tons)
4. India (35.4 tons)
5. Thailand (19.5 tons)
6. South Korea (12.5 tons)

Imports of Nickel; Waste and Scrap in Bangladesh

In 2022, the amount of nickel; waste and scraps imported into Bangladesh fell significantly to 9.6 tons, shrinking by -16% on 2021. Over the period under review, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 3.3% against the previous year.

In value terms, nickel; waste and scrap imports shrank notably to $33K in 2022. Overall, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 4% against the previous year.

Top Suppliers of Nickel; Waste and Scrap to Bangladesh in 2022:

1. Malaysia (9.6 tons)

Source: IndexBox Market Intelligence Platform