Bangladesh: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Bangladesh

In 2022, after six years of growth, there was significant decline in the Bangladeshi market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed significant growth. Consumption of peaked at $X in 2021, and then shrank sharply in the following year.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports from Bangladesh

Exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Bangladesh reduced notably to X units in 2022, waning by X% against 2021 figures. Overall, exports, however, showed a measured expansion. 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 units. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china plummeted to $X in 2022. Over the period under review, exports, however, saw a measured increase. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Bangladesh, accounting for a X% share of total exports. Moreover, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to the United Arab Emirates exceeded the volume sent to the second major destination, the UK (X units), fourfold. Germany (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).

In value terms, the UK ($X), Germany ($X) and the United Arab Emirates ($X) were the largest markets for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exported from Bangladesh worldwide, with a combined X% share of total exports.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports into Bangladesh

In 2022, purchases abroad of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports of hit record highs at X units in 2021, and then dropped significantly in the following year.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china declined dramatically to $X in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, China (X units) was the main ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china supplier to Bangladesh, accounting for a X% share of total imports. Moreover, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold.

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

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Bangladesh, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports.

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: Vietnam (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the average import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china amounted to $X per unit, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then declined modestly in the following year.

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 China ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :