Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh - 2022

Contents:

  1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh (CIF) - 2022
  2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh (FOB) - 2022
  3. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh
  4. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh (CIF) - 2022

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $40,204 per ton in 2022, falling by -22.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 67% against the previous year. Over the period under review, average import prices hit record highs at $60,810 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Hungary ($66,786 per ton), while the price for China ($7,032 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh (FOB) - 2022

The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $38,000 per ton in 2022, growing by 12% against the previous year. Over the period under review, the export price continues to indicate a tangible expansion. The export price peaked at $52,000 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -7.5% per year.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh

Imports of pharmaceutical goods; appliances identifiable for ostomy uses into Bangladesh was estimated at 5.2 tons in 2022, with an increase of 14% compared with 2021. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 288% against the previous year. As a result, imports reached the peak of 5.9 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses dropped to $208K in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 206%.

Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore38.790.512212045.8%
India5.748.941.543.797.2%
United States7.016.221.821.545.4%
Hungary2.47.010.410.362.5%
France1.26.57.46.171.9%
China0.10.40.80.791.3%
Others4.312.230.35.810.5%
Total59.418223420851.9%

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Bangladesh in 2022:

  1. Singapore (2346.0 kg)
  2. India (1771.0 kg)
  3. United States (476.0 kg)
  4. France (257.0 kg)
  5. Hungary (154.0 kg)
  6. China (94.0 kg)

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh

In 2022, approx. 1 kg of pharmaceutical goods; appliances identifiable for ostomy uses were exported from Bangladesh; leveling off at the previous year. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses expanded rapidly to $38 in 2022. The total export value increased at an average annual rate of +11.8% from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Bangladesh (USD)
COUNTRY20212022CAGR,
2021-2022
SingaporeN/A38.00%
Timor-Leste34.0N/A0%
OthersN/AN/A0%
Total34.038.011.8%

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Bangladesh in 2022:

  1. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods; appliances identifiable for ostomy use - Bangladesh