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Store → Fabricated Metal Products → Forging, Pressing, Stamping And Roll-Forming Of Metal → Hot-Rolled Bars In Bearing Steels
Report Bangladesh - Hot-Rolled Bars in Bearing Steels - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Bangladesh - Hot-Rolled Bars in Bearing Steels - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Hot-Rolled Bars In Bearing Steels 2023

Market Size for Hot-Rolled Bars In Bearing Steels in Bangladesh

In 2021, after two years of growth, there was significant decline in the Bangladeshi hot-rolled bearing steel bar market, when its value decreased by -20.3% to $X. In general, consumption, however, recorded a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Exports of Hot-Rolled Bars In Bearing Steels

Exports from Bangladesh

Hot-rolled bearing steel bar exports from Bangladesh declined significantly to X kg in 2021, falling by -20% on the previous year. Over the period under review, exports faced a precipitous slump. The smallest decline of -20% was in 2020. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hot-rolled bearing steel bar exports shrank notably to $X in 2021. In general, exports showed a dramatic slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

India (X kg) was the main destination for hot-rolled bearing steel bar exports from Bangladesh, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to India amounted to -26.6%.

In value terms, India ($X) also remains the key foreign market for hot-rolled bearing steel bar exports from Bangladesh.

From 2012 to 2021, the average annual rate of growth in terms of value to India amounted to -18.9%.

Export Prices by Country

The average hot-rolled bearing steel bar export price stood at $X per ton in 2021, remaining constant against the previous year. In general, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 35%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +10.5% per year.

Imports of Hot-Rolled Bars In Bearing Steels

Imports into Bangladesh

In 2021, overseas purchases of hot-rolled bars in bearing steels decreased by -10.7% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 288%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, hot-rolled bearing steel bar imports contracted sharply to $X in 2021. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 261%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), China (X tons) and Japan (X tons) were the main suppliers of hot-rolled bearing steel bar imports to Bangladesh, with a combined 100% 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 China (with a CAGR of +20.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest hot-rolled bearing steel bar suppliers to Bangladesh were China ($X), India ($X) and Japan ($X), together accounting for 100% of total imports.

China, with a CAGR of +20.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 hot-rolled bearing steel bar import price amounted to $X per ton, reducing by -14.6% against the previous year. Overall, the import price showed a mild decline. The pace of growth was the most pronounced in 2020 when the average import price increased by 32%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in bearing steels in the world?
+
China constituted the country with the largest volume of hot-rolled bearing steel bar consumption, accounting for 84% of total volume.
What are the largest producers of hot-rolled bars in bearing steels in the world?
+
The country with the largest volume of hot-rolled bearing steel bar production was China, accounting for 91% of total volume. It was followed by Japan, with a 1.8% share of total production.
What are the leading suppliers of hot-rolled bars in bearing steels to Bangladesh?
+
In value terms, the largest hot-rolled bearing steel bar suppliers to Bangladesh were China, India and Japan, with a combined 100% share of total imports.
What are the leading importers of hot-rolled bars in bearing steels from Bangladesh?
+
In value terms, India remains the key foreign market for hot-rolled bearing steel bar exports from Bangladesh.
What is the average export price for hot-rolled bars in bearing steels in Bangladesh?
+
In 2021, the average hot-rolled bearing steel bar export price amounted to $2,548 per ton, standing approx. at the previous year.
What is the average import price for hot-rolled bars in bearing steels in Bangladesh?
+
In 2021, the average hot-rolled bearing steel bar import price amounted to $922 per ton, reducing by -14.6% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled bearing steel bar 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 24106630 - Hot-rolled bars in bearing steels
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
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
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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