Bangladesh: Ferro-Alloys Market 2025

Ferro-Alloys Market Size in Bangladesh

The Bangladeshi ferro-alloys market contracted modestly to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, showed a buoyant increase. Over the period under review, the market attained the peak level at $X in 2021, and then declined modestly in the following year.

Ferro-Alloys Production in Bangladesh

In value terms, ferro-alloys production fell to $X in 2022 estimated in export price. Over the period under review, production posted significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2021, and then contracted in the following year.

Ferro-Alloys Exports

Exports from Bangladesh

Ferro-alloys exports from Bangladesh skyrocketed to X tons in 2022, increasing by X% compared with 2021 figures. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-alloys exports surged to $X in 2022. In general, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Pakistan (X tons) was the main destination for ferro-alloys exports from Bangladesh, accounting for a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Pakistan was relatively modest.

From 2013 to 2022, the average annual rate of growth in terms of value to Pakistan was relatively modest.

Export Prices by Country

The average ferro-alloys export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price saw a drastic downturn. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2013 to 2022, the rate of growth in terms of prices for Pakistan amounted to X% per year.

Ferro-Alloys Imports

Imports into Bangladesh

In 2022, after four years of growth, there was significant decline in overseas purchases of ferro-alloys, when their volume decreased by X% to X tons. Over the period under review, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ferro-alloys imports shrank significantly to $X in 2022. Overall, imports, however, recorded strong growth. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest ferro-alloys supplier to Bangladesh, accounting for a X% share of total imports. Moreover, ferro-alloys imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Chile (X% per year).

In value terms, India ($X) constituted the largest supplier of ferro-alloys to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Chile (X% per year).

Import Prices by Country

The average ferro-alloys import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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