
Bangladesh - Base Metal Coated Electrodes for Electric Arc-Welding - Market Analysis, Forecast, Size, Trends and Insights
Bangladesh: Metal Coated Electrode Market 2022
Metal Coated Electrode Market Size in Bangladesh
After two years of decline, the Bangladeshi metal coated electrode market increased by X% to $X in 2021. Overall, consumption showed resilient growth. Metal coated electrode consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.
Metal Coated Electrode Imports
Imports into Bangladesh
In 2021, the amount of base metal coated electrodes for electric arc-welding imported into Bangladesh was estimated at X tons, with an increase of X% against the previous year. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.
In value terms, metal coated electrode imports rose remarkably to $X in 2021. Overall, imports continue to indicate prominent growth. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of metal coated electrode to Bangladesh, accounting for a X% share of total imports. Moreover, metal coated electrode imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a X% share.
From 2012 to 2021, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Taiwan (Chinese) (+X% per year).
In value terms, China ($X) constituted the largest supplier of metal coated electrode to Bangladesh, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by India, with an X% share.
From 2012 to 2021, 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: Taiwan (Chinese) (+X% per year) and India (+X% per year).
Import Prices by Country
The average metal coated electrode import price stood at $X per ton in 2021, surging by X% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
Prices varied noticeably countryorigin: the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal coated electrode 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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