Report Update Nov 1, 2024

Bangladesh - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Ferro-Alloys Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-alloys in the world?

China constituted the country with the largest volume of ferro-alloys consumption, accounting for 64% of total volume. Moreover, ferro-alloys consumption in China exceeded the figures recorded by the second-largest consumer, India, more than tenfold. Japan ranked third in terms of total consumption with a 3.8% share.

What are the largest producers of ferro-alloys in the world?

The country with the largest volume of ferro-alloys production was China, accounting for 57% of total volume. Moreover, ferro-alloys production in China exceeded the figures recorded by the second-largest producer, South Africa, sevenfold. India ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of ferro-alloys to Bangladesh?

In value terms, India constituted the largest supplier of ferro-alloys to Bangladesh, comprising 111% of total imports. The second position in the ranking was occupied by China, with a 55% share of total imports. It was followed by Malaysia, with a 9.4% share.

What are the leading importers of ferro-alloys from Bangladesh?

In value terms, Myanmar remains the key foreign market for ferro-alloys exports from Bangladesh.

What is the average export price for ferro-alloys in Bangladesh?

In 2015, the average ferro-alloys export price amounted to $19,750 per ton, approximately reflecting the previous year.

What is the average import price for ferro-alloys in Bangladesh?

In 2020, the average ferro-alloys import price amounted to $1,007 per ton, falling by -4.4% against the previous year.

This report provides an in-depth analysis of the ferro-alloys market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023