Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $4,300 per ton in 2022, dropping by -37.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 174% against the previous year. The import price peaked at $13,501 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($5,390 per ton), while the price for China amounted to $940 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.3%).
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $7,871 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price showed buoyant growth. The growth pace was the most rapid in 2021 a decrease of 99.9% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +7.3% per year.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh
In 2022, after three years of growth, there was significant decline in overseas purchases of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, when their volume decreased by -89.9% to 707 tons. Over the period under review, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 159% against the previous year. As a result, imports reached the peak of 7K tons, and then contracted remarkably in the following year.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia contracted dramatically to $3M in 2022. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 22.5 | 35.3 | 43.6 | 2.9 | -49.5% |
| China | 1.8 | 1.2 | 4.0 | 0.2 | -51.9% |
| Others | 0.4 | 0.1 | 0.9 | N/A | 50.0% |
| Total | 24.7 | 36.6 | 48.5 | 3.0 | -50.5% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Bangladesh in 2022:
- Russia (530.6 tons)
- China (171.0 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh
In 2022, approx. 868 kg of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were exported from Bangladesh; flattening at the previous year. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $6.8K in 2022. Overall, exports recorded a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 6.8 | 0% | |
| India | 2.2 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.2 | N/A | 6.8 | 75.8% | |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Bangladesh in 2022:
- Netherlands (868.0 kg)
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