Report Update Apr 1, 2024

Bangladesh - Articles of Goldsmiths’ or Silversmiths’ Wares of Silver - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Silver Goldsmiths Non-Jewelry Articles 2024

Market Size for Silver Goldsmiths Non-Jewelry Articles in Bangladesh

The Bangladeshi silver goldsmiths non-jewelry article market contracted significantly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed a notable increase. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Production of Silver Goldsmiths Non-Jewelry Articles in Bangladesh

In value terms, silver goldsmiths non-jewelry article production fell markedly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2015 with a decrease of X% against the previous year. Silver goldsmiths non-jewelry article production peaked at $X in 2021, and then shrank significantly in the following year.

Exports of Silver Goldsmiths Non-Jewelry Articles

Exports from Bangladesh

In 2022, exports of silver goldsmiths non-jewelry articles from Bangladesh skyrocketed to X kg, increasing by X% against 2021 figures. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silver goldsmiths non-jewelry article exports contracted dramatically to $X in 2022. Over the period under review, exports, however, showed a abrupt setback. Over the period under review, the exports hit record highs at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Austria (X kg) and Cyprus (X kg) were the main destinations of silver goldsmiths non-jewelry article exports from Bangladesh.

From 2021 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%).

In value terms, Cyprus ($X) emerged as the key foreign market for silver goldsmiths non-jewelry articles exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports.

From 2021 to 2022, the average annual rate of growth in terms of value to Cyprus was relatively modest.

Export Prices by Country

The average silver goldsmiths non-jewelry article export price stood at $X per kg in 2022, falling by X% against the previous year. In general, the export price saw a precipitous decrease. Over the period under review, the average export prices hit record highs at $X per kg in 2021, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per kg), while the average price for exports to Austria totaled $X per kg.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silver Goldsmiths Non-Jewelry Articles

Imports into Bangladesh

After two years of decline, overseas purchases of silver goldsmiths non-jewelry articles decreased by X% to X kg in 2022. In general, imports, however, showed strong growth. The smallest decline of X% was in 2015. Imports peaked at X kg in 2021, and then declined significantly in the following year.

In value terms, silver goldsmiths non-jewelry article imports dropped dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The smallest decline of X% was in 2015. Imports peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X kg) constituted the largest supplier of silver goldsmiths non-jewelry article to Bangladesh, with a X% share of total imports. Moreover, silver goldsmiths non-jewelry article imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Sweden (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and China (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of silver goldsmiths non-jewelry articles to Bangladesh, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average silver goldsmiths non-jewelry article import price amounted to $X,900 per ton, reducing by X% against the previous year. Overall, the import price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure at $X,333 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X,500 per ton), while the price for Sweden ($X 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 Arab Emirates (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver goldsmiths non-jewelry articles in the world?

China remains the largest silver goldsmiths non-jewelry article consuming country worldwide, accounting for 24% of total volume. Moreover, silver goldsmiths non-jewelry article consumption in China exceeded the figures recorded by the second-largest consumer, the Dominican Republic, threefold. Denmark ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of silver goldsmiths non-jewelry articles in the world?

China constituted the country with the largest volume of silver goldsmiths non-jewelry article production, accounting for 36% of total volume. Moreover, silver goldsmiths non-jewelry article production in China exceeded the figures recorded by the second-largest producer, Italy, fourfold. The third position in this ranking was held by Denmark, with an 8.5% share.

What are the leading suppliers of silver goldsmiths non-jewelry articles to Bangladesh?

In value terms, the United Arab Emirates constituted the largest supplier of silver goldsmiths non-jewelry articles to Bangladesh, comprising 99% of total imports. The second position in the ranking was taken by China $50), with a 0.5% share of total imports.

What are the leading importers of silver goldsmiths non-jewelry articles from Bangladesh?

In value terms, Cyprus emerged as the key foreign market for silver goldsmiths non-jewelry articles exports from Bangladesh, comprising 75% of total exports. The second position in the ranking was taken by Austria $390), with a 25% share of total exports.

What is the average export price for silver goldsmiths non-jewelry articles in Bangladesh?

In 2022, the average silver goldsmiths non-jewelry article export price amounted to $793 per kg, declining by -59.2% against the previous year.

What is the average import price for silver goldsmiths non-jewelry articles in Bangladesh?

In 2022, the average silver goldsmiths non-jewelry article import price amounted to $1,062,900 per ton, which is down by -9.9% against the previous year.

This report provides an in-depth analysis of the market for silver goldsmiths non-jewelry article 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 32121351 - Articles of goldsmiths

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