Bangladesh - Festive Or Carnival Articles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFestive Articles Price in Bangladesh - 2022
Contents:
- Festive Articles Price in Bangladesh (FOB) - 2022
- Festive Articles Price in Bangladesh (CIF) - 2022
- Festive Articles Exports in Bangladesh
- Festive Articles Imports in Bangladesh
Festive Articles Price in Bangladesh (FOB) - 2022
In 2022, the average festive articles export price amounted to $7,904 per ton, dropping by -10.8% against the previous year. Overall, the export price saw a pronounced curtailment. The growth pace was the most rapid in 2015 an increase of 35%. The export price peaked at $11,515 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($20,806 per ton), while the average price for exports to Switzerland ($5,744 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 Germany (+3.7%), while the prices for the other major destinations experienced a decline.
Festive Articles Price in Bangladesh (CIF) - 2022
The average festive articles import price stood at $4,028 per ton in 2022, waning by -5.9% against the previous year. In general, the import price, however, recorded strong growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 110% against the previous year. The import price peaked at $4,442 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Thailand ($4,448 per ton), while the price for India ($867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Festive Articles Exports in Bangladesh
In 2022, shipments abroad of festive or carnival articles increased by 12% to 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a pronounced decline.
In value terms, festive articles exports stood at $10M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 4.6%. As a result, the exports reached the peak of $10M; afterwards, it flattened through to 2022.
Export of Festive Articles in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3,174 | 3,944 | 2,798 | 3,533 | 3.6% |
Netherlands | 498 | 672 | 1,191 | 847 | 19.4% |
Spain | 649 | 579 | 492 | 629 | -1.0% |
France | 855 | 689 | 602 | 517 | -15.4% |
Germany | 161 | 142 | 353 | 493 | 45.2% |
Canada | 279 | 402 | 361 | 380 | 10.8% |
Switzerland | 133 | 150 | 234 | 185 | 11.6% |
Italy | 187 | 139 | 71.6 | 125 | -12.6% |
Denmark | 10.8 | 153 | 189 | 74.8 | 90.6% |
Others | 3,608 | 3,128 | 3,682 | 3,202 | -3.9% |
Total | 9,554 | 9,997 | 9,974 | 9,986 | 1.5% |
Top Export Markets for Festive Articles from Bangladesh in 2022:
- United States (361.2 tons)
- Netherlands (144.0 tons)
- Spain (92.2 tons)
- France (78.9 tons)
- Canada (38.9 tons)
- Switzerland (32.2 tons)
- Germany (23.7 tons)
- Italy (19.8 tons)
- Denmark (9.5 tons)
Festive Articles Imports in Bangladesh
Festive articles imports into Bangladesh contracted to 1.4K tons in 2022, with a decrease of -11.1% on the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of 1.6K tons, and then fell in the following year.
In value terms, festive articles imports contracted markedly to $5.8M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 increased by +41.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $6.9M, and then fell notably in the following year.
Import of Festive Articles in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.7 | 4.0 | 5.8 | 5.2 | 12.0% |
Thailand | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
Malaysia | 0.1 | 0.1 | N/A | N/A | 0.0% |
Others | N/A | 0.1 | 0.7 | 0.3 | 73.2% |
Total | 4.1 | 4.6 | 6.9 | 5.8 | 12.3% |
Top Suppliers of Festive Articles to Bangladesh in 2022:
- China (1299.7 tons)
- Thailand (55.6 tons)
This report provides an in-depth analysis of the festive articles 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:
- Prodcom 32995150 - Festive, carnival or other entertainment articles, n.e.c.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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