
Bangladesh - Granules, Chippings and Powder of Marble - Market Analysis, Forecast, Size, Trends and Insights
Bangladesh: Market for Granules, Chippings And Powder Of Marble 2023
Market Size for Granules, Chippings And Powder Of Marble in Bangladesh
In 2021, the Bangladeshi marble granules and powder market decreased by -8.7% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, saw a significant expansion. As a result, consumption attained the peak level of $X, and then shrank in the following year.
Exports of Granules, Chippings And Powder Of Marble
Exports from Bangladesh
Marble granules and powder exports from Bangladesh amounted to X kg in 2021, stabilizing at the year before. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are likely to continue growth in the near future.
In value terms, marble granules and powder exports totaled $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
Switzerland (X kg) was the main destination for marble granules and powder exports from Bangladesh, with a approx. 100% share of total exports.
From 2021 to 2021, the average annual growth rate of volume to Switzerland was relatively modest.
From 2021 to 2021, the average annual rate of growth in terms of value to Switzerland was relatively modest.
Imports of Granules, Chippings And Powder Of Marble
Imports into Bangladesh
In 2021, after two years of growth, there was significant decline in supplies from abroad of granules, chippings and powder of marble, when their volume decreased by -13.8% to X tons. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,045% against the previous year. As a result, imports attained the peak of X tons, and then reduced in the following year.
In value terms, marble granules and powder imports shrank to $X in 2021. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,172% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.
Imports by Country
India (X tons), Vietnam (X tons) and Pakistan (X tons) were the main suppliers of marble granules and powder imports to Bangladesh, with a combined 6.9% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +69.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($X), India ($X) and Italy ($X) were the largest marble granules and powder suppliers to Bangladesh, together comprising 4.6% of total imports.
In terms of the main suppliers, India, with a CAGR of +57.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average marble granules and powder import price amounted to $X per ton, growing by 8.8% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble granules and powder import price increased by +20.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Italy ($X per ton) and Vietnam ($X per ton), while the price for Pakistan ($X per ton) and India ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for marble granules and powder 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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