Report Update Apr 1, 2024

Bangladesh - Angles, Shapes and Sections of Stainless Steel or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in Bangladesh

In 2022, the Bangladeshi stainless steel angle market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a pronounced contraction. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Stainless Steel Angle Exports

Exports from Bangladesh

In 2021, approx. X kg of angles, shapes and sections of stainless steel or other alloy steel were exported from Bangladesh; remaining relatively unchanged against the year before. Over the period under review, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, stainless steel angle exports amounted to $X in 2021. Overall, exports showed a sharp setback. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Philippines (X kg) was the main destination for stainless steel angle exports from Bangladesh, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Philippines was relatively modest.

From 2012 to 2021, the average annual growth rate of value to the Philippines was relatively modest.

Export Prices by Country

In 2021, the average stainless steel angle export price amounted to $X per ton, stabilizing at the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 a decrease of X%. The export price peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for the Philippines amounted to X% per year.

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Stainless Steel Angle Imports

Imports into Bangladesh

In 2022, approx. X tons of angles, shapes and sections of stainless steel or other alloy steel were imported into Bangladesh; waning by X% on the previous year. Over the period under review, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, stainless steel angle imports dropped significantly to $X in 2022. Overall, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of stainless steel angle to Bangladesh, with a X% share of total imports. Moreover, stainless steel angle imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. The third position in this ranking was held by Hong Kong SAR (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X) constituted the largest supplier of angles, shapes and sections of stainless steel or other alloy steel to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average stainless steel angle import price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for angles, shapes and sections of stainless steel or other alloy steel in the world?

China remains the largest stainless steel angle consuming country worldwide, accounting for 36% of total volume. Moreover, stainless steel angle consumption in China exceeded the figures recorded by the second-largest consumer, Russia, threefold. The third position in this ranking was held by the United States, with a 9.4% share.

What are the largest producers of angles, shapes and sections of stainless steel or other alloy steel in the world?

China remains the largest stainless steel angle producing country worldwide, accounting for 40% of total volume. Moreover, stainless steel angle production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The United States ranked third in terms of total production with a 7.8% share.

What are the leading suppliers of angles, shapes and sections of stainless steel or other alloy steel to Bangladesh?

In value terms, China constituted the largest supplier of angles, shapes and sections of stainless steel or other alloy steel to Bangladesh, comprising 52% of total imports. The second position in the ranking was taken by Hong Kong SAR, with a 21% share of total imports. It was followed by India, with a 20% share.

What is the average export price for angles, shapes and sections of stainless steel or other alloy steel in Bangladesh?

In 2021, the average stainless steel angle export price amounted to $3,614 per ton, remaining relatively unchanged against the previous year.

What is the average import price for angles, shapes and sections of stainless steel or other alloy steel in Bangladesh?

In 2022, the average stainless steel angle import price amounted to $791 per ton, jumping by 42% against the previous year.

This report provides an in-depth analysis of the stainless steel angle 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 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless steel

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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