Chlorides; of Aluminium Price in Bangladesh - 2022

Contents:

  1. Chlorides; of Aluminium Price in Bangladesh (CIF) - 2022
  2. Chlorides; of Aluminium Imports in Bangladesh

Chlorides; of Aluminium Price in Bangladesh (CIF) - 2022

In 2022, the average chlorides; of aluminium import price amounted to $572 per ton, declining by -20.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 62% against the previous year. As a result, import price reached the peak level of $722 per ton, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($741 per ton), while the price for India ($456 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Chlorides; of Aluminium Imports in Bangladesh

In 2022, approx. 913 tons of chlorides; of aluminia were imported into Bangladesh; growing by 9.4% compared with the previous year. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.2% 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 -7.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 89% against the previous year. As a result, imports attained the peak of 992 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, chlorides; of aluminium imports reduced to $522K in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 94%.

Import of Chlorides; of Aluminium in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.134436527181.8%
India15478.022823515.1%
Malaysia24.116.6N/A8.2-30.2%
Others5.23.99.28.618.3%
Total22844260252231.8%

Top Suppliers of Chlorides; of Aluminium to Bangladesh in 2022:

  1. India (514.8 tons)
  2. China (365.7 tons)
  3. Malaysia (16.3 tons)

Source: IndexBox Market Intelligence Platform

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