Bangladesh: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Bangladesh

The Bangladeshi market for float glass and surface ground or polished glass rose notably to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Float Glass And Surface Ground or Polished Glass in Bangladesh

In value terms, production of float glass and surface ground or polished glass stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Exports of Float Glass And Surface Ground or Polished Glass

Exports from Bangladesh

After three years of growth, overseas shipments of float glass and surface ground or polished glass decreased by X% to X square meters in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X square meters in 2021, and then contracted dramatically in the following year.

In value terms, exports of float glass and surface ground or polished glass dropped notably to $X in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

India (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Bangladesh, accounting for a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass to India exceeded the volume sent to the second major destination, Nepal (X square meters), eightfold.

From 2012 to 2022, the average annual growth rate of volume to India stood at X%.

In value terms, India ($X) remains the key foreign market for float glass and surface ground or polished glass exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Nepal ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to India amounted to X%.

Export Prices by Country

The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, shrinking by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per square meter), while the average price for exports to Nepal totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%).

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Bangladesh

In 2022, after four years of decline, there was significant growth in overseas purchases of float glass and surface ground or polished glass, when their volume increased by X% to X square meters. Over the period under review, imports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X square meters. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of float glass and surface ground or polished glass soared to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of float glass and surface ground or polished glass to Bangladesh, with a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from China exceeded the figures recorded by the second-largest supplier, Malaysia (X square meters), threefold. The third position in this ranking was taken by Saudi Arabia (X square meters), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of float glass and surface ground or polished glass to Bangladesh, comprising X% of total imports. The second position in the ranking was held by Malaysia ($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 was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and India (X% per year).

Import Prices by Country

The average import price for float glass and surface ground or polished glass stood at $X per square meter in 2022, growing by X% against the previous year. Overall, the import price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per square meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per square meter), while the price for Malaysia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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