Bangladesh - Sawnwood (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bangladesh - Sawnwood (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights

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Sawnwood (Non-Coniferous) Price in Bangladesh - 2022

Contents:

  1. Sawnwood (Non-Coniferous) Price in Bangladesh (CIF) - 2022
  2. Sawnwood (Non-Coniferous) Price in Bangladesh (FOB) - 2022
  3. Sawnwood (Non-Coniferous) Imports in Bangladesh
  4. Sawnwood (Non-Coniferous) Exports in Bangladesh

Sawnwood (Non-Coniferous) Price in Bangladesh (CIF) - 2022

In 2022, the average sawnwood (non-coniferous) import price amounted to $396 per cubic meter, approximately equating the previous year. Over the period under review, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2014 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $1,601 per cubic meter. From 2015 to 2022, the average import prices remained 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 ($1,003 per cubic meter), while the price for Cameroon ($106 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+376.8%), while the prices for the other major suppliers experienced a decline.

Sawnwood (Non-Coniferous) Price in Bangladesh (FOB) - 2022

In 2022, the average sawnwood (non-coniferous) export price amounted to $652 per cubic meter, rising by 94% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $937 per cubic meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +168.4% per year.

Sawnwood (Non-Coniferous) Imports in Bangladesh

Sawnwood (non-coniferous) imports into Bangladesh contracted to 22K cubic meters in 2022, which is down by -11.5% compared with 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% 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 +54.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 75%. As a result, imports reached the peak of 24K cubic meters, and then reduced in the following year.

In value terms, sawnwood (non-coniferous) imports declined to $8.5M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of $9.7M, and then declined in the following year.

Import of Sawnwood (Non-Coniferous) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,5401,1181,3921,458-1.8%
Congo1406431,4271,11099.4%
Indonesia1,4005451,179905-13.5%
Thailand16521764765558.3%
Gabon40038676259314.0%
Cameroon17528574.9154-4.2%
Others2,7252,0064,2293,64910.2%
Total6,5455,2019,7108,5249.2%

Top Suppliers of Sawnwood (Non-Coniferous) to Bangladesh in 2022:

  1. Germany (2.9K cubic meters)
  2. Indonesia (2.7K cubic meters)
  3. Congo (2.3K cubic meters)
  4. Gabon (1.9K cubic meters)
  5. Cameroon (1.5K cubic meters)
  6. Thailand (0.7K cubic meters)

Sawnwood (Non-Coniferous) Exports in Bangladesh

In 2022, shipments abroad of sawnwood (non-coniferous) decreased by -49.5% to 92 cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2021 with an increase of 100% against the previous year. As a result, the exports reached the peak of 182 cubic meters, and then reduced rapidly in the following year.

In value terms, sawnwood (non-coniferous) exports fell to $60K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 138%. As a result, the exports attained the peak of $61K, and then dropped slightly in the following year.

Export of Sawnwood (Non-Coniferous) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A25.761.060.052.8%
Italy2.5N/AN/AN/A0%
Serbia25.0N/AN/AN/A0%
Others2.5N/A0.1N/A-80.0%
Total30.125.761.160.025.9%

Top Export Markets for Sawnwood (Non-Coniferous) from Bangladesh in 2022:

  1. South Korea (92.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sawnwood (non-coniferous) 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:

  • FCL 1633 - Sawnwood, non-coniferous all

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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