Bangladesh - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in Bangladesh - 2022
Contents:
- Metal Washer Price in Bangladesh (CIF) - 2022
- Metal Washer Price in Bangladesh (FOB) - 2022
- Metal Washer Imports in Bangladesh
- Metal Washer Exports in Bangladesh
Metal Washer Price in Bangladesh (CIF) - 2022
In 2022, the average metal washer import price amounted to $4,862 per ton, reducing by -19.7% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in 2021 an increase of 53% against the previous year. The import price peaked at $8,999 per ton in 2015; however, from 2016 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 Japan ($57,939 per ton), while the price for Russia ($1,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Washer Price in Bangladesh (FOB) - 2022
In 2022, the average metal washer export price amounted to $28,073 per ton, falling by -39.4% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 287%. As a result, the export price reached the peak level of $46,347 per ton, and then declined rapidly in the following year.
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 Indonesia ($24,552 per ton), while the average price for exports to Thailand ($1,447 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 Indonesia (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Imports in Bangladesh
In 2022, approx. 339 tons of iron or steel washers were imported into Bangladesh; growing by 17% against 2021. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of 388 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, metal washer imports dropped to $1.6M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of $1.8M, and then contracted in the following year.
Import of Metal Washer in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 528 | 622 | 671 | 660 | 7.7% |
India | 251 | 307 | 349 | 217 | -4.7% |
Thailand | 89.8 | 31.3 | 174 | 114 | 8.3% |
Russia | 13.7 | 25.6 | 21.3 | 12.7 | -2.5% |
Others | 515 | 553 | 545 | 646 | 7.8% |
Total | 1,398 | 1,540 | 1,759 | 1,650 | 5.7% |
Top Suppliers of Metal Washer to Bangladesh in 2022:
- China (180.2 tons)
- India (88.1 tons)
- Thailand (14.6 tons)
- Russia (6.8 tons)
Metal Washer Exports in Bangladesh
In 2022, after two years of decline, there was significant growth in overseas shipments of iron or steel washers, when their volume increased by 6.8% to 329 kg. In general, exports, however, saw a precipitous decrease.
In value terms, metal washer exports dropped significantly to $9.2K in 2022. Overall, exports, however, showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 240% against the previous year.
Export of Metal Washer in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | 0.1 | 3.3 | 3200.0% |
Canada | 0.2 | 0.2 | 0.5 | 2.6 | 135.1% |
Thailand | N/A | N/A | 0.1 | 1.9 | 1800.0% |
Indonesia | N/A | N/A | 0.3 | 1.4 | 366.7% |
United Kingdom | N/A | 3.9 | N/A | N/A | 0% |
Brunei Darussalam | 0.7 | N/A | N/A | N/A | 0% |
Myanmar | 142 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | 13.2 | N/A | 1048.9% |
Total | 143 | 4.2 | 14.3 | 9.2 | -59.9% |
Top Export Markets for Metal Washer from Bangladesh in 2022:
- Thailand (1320.0 kg)
- India (410.0 kg)
- Canada (224.0 kg)
- Indonesia (58.0 kg)
This report provides an in-depth analysis of the metal washer 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
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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