Price for Tents of Synthetic Fibres in Bangladesh - 2022
Contents:
- Price for Tents of Synthetic Fibres in Bangladesh (FOB) - 2022
- Price for Tents of Synthetic Fibres in Bangladesh (CIF) - 2022
- Exports of Tents of Synthetic Fibres in Bangladesh
- Imports of Tents of Synthetic Fibres in Bangladesh
Price for Tents of Synthetic Fibres in Bangladesh (FOB) - 2022
The average tents of synthetic fibres export price stood at $8,167 per ton in 2022, increasing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($13,547 per ton), while the average price for exports to the Netherlands ($6,198 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 Japan (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in Bangladesh (CIF) - 2022
The average tents of synthetic fibres import price stood at $5,454 per ton in 2022, picking up by 119% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $6,431 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 the United States ($7,398 per ton), while the price for China ($4,492 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tents of Synthetic Fibres in Bangladesh
Tents of synthetic fibres exports from Bangladesh totaled 51K tons in 2022, increasing by 2.8% on the year before. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, tents of synthetic fibres exports soared to $417M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Tents of Synthetic Fibres in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 107 | 115 | 192 | 201 | 23.4% |
| Canada | 19.4 | 19.2 | 32.0 | 38.2 | 25.3% |
| France | 4.5 | 3.5 | 8.1 | 26.9 | 81.5% |
| South Korea | 6.8 | 17.3 | 31.5 | 23.3 | 50.8% |
| Australia | 4.7 | 8.3 | 17.8 | 21.3 | 65.5% |
| United Kingdom | 7.4 | 5.0 | 4.8 | 13.8 | 23.1% |
| Germany | 9.1 | 8.2 | 9.7 | 13.2 | 13.2% |
| Japan | 4.8 | 3.0 | 2.9 | 12.1 | 36.1% |
| Poland | 2.7 | 4.8 | 5.2 | 7.8 | 42.4% |
| Denmark | 1.9 | 3.6 | 4.8 | 7.3 | 56.6% |
| Spain | 4.6 | 10.9 | 14.4 | 5.7 | 7.4% |
| Netherlands | 4.3 | 4.7 | 4.4 | 5.4 | 7.9% |
| Others | 22.6 | 21.8 | 30.8 | 41.2 | 22.2% |
| Total | 200 | 225 | 359 | 417 | 27.8% |
Top Export Markets for Tents of Synthetic Fibres from Bangladesh in 2022:
- United States (28.3K tons)
- Canada (3.4K tons)
- France (3.0K tons)
- South Korea (2.6K tons)
- Australia (2.1K tons)
- United Kingdom (1.8K tons)
- Germany (1.6K tons)
- Denmark (1.0K tons)
- Netherlands (0.9K tons)
- Japan (0.9K tons)
- Poland (0.8K tons)
- Spain (0.7K tons)
Imports of Tents of Synthetic Fibres in Bangladesh
In 2022, supplies from abroad of tents of synthetic fibreses was finally on the rise to reach 340 tons after two years of decline. Over the period under review, imports, however, showed a abrupt shrinkage.
In value terms, tents of synthetic fibres imports surged to $1.9M in 2022. Overall, imports, however, showed a relatively flat trend pattern.
| Import of Tents of Synthetic Fibres in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | 6.3 | 900 | 14185.7% |
| China | 1,863 | 842 | 447 | 836 | -23.4% |
| South Korea | N/A | N/A | 1.1 | 95.7 | 8600.0% |
| Latvia | N/A | 176 | N/A | N/A | 0% |
| Others | 1.4 | 13.4 | 2.1 | 20.7 | 145.4% |
| Total | 1,864 | 1,031 | 456 | 1,852 | -0.2% |
Top Suppliers of Tents of Synthetic Fibres to Bangladesh in 2022:
- China (186.0 tons)
- Vietnam (135.3 tons)
- South Korea (15.1 tons)
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