Bangladesh: Plain Postcard Market 2024

Plain Postcard Market Size in Bangladesh

The Bangladeshi plain postcard market rose modestly to $X in 2023, picking up by X% against the previous year. Overall, consumption continues to indicate resilient growth. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Plain Postcard Production in Bangladesh

In value terms, plain postcard production amounted to $X in 2023 estimated in export price. In general, production showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Plain postcard production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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Plain Postcard Exports

Exports from Bangladesh

In 2023, the amount of letter cards, plain postcards and correspondence cards exported from Bangladesh contracted significantly to X kg, which is down by X% against the previous year's figure. In general, exports faced a significant decrease. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, plain postcard exports contracted notably to $X in 2023. Overall, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X kg) was the main destination for plain postcard exports from Bangladesh, with a X% share of total exports. Moreover, plain postcard exports to Belgium exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold. The third position in this ranking was held by Germany (X kg), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Germany (X% per year).

In value terms, Belgium ($X) remains the key foreign market for letter cards, plain postcards and correspondence cards exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

Export Prices by Country

The average plain postcard export price stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, plain postcard export price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (X.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plain Postcard Imports

Imports into Bangladesh

In 2023, overseas purchases of letter cards, plain postcards and correspondence cards increased by X% to X tons for the first time since 2018, thus ending a four-year declining trend. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, plain postcard imports soared to $X in 2023. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Hong Kong SAR (X tons) was the main supplier of plain postcard to Bangladesh, accounting for a X% share of total imports. It was followed by the United States (X kg), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from Hong Kong SAR stood at X%.

In value terms, Hong Kong SAR ($X) constituted the largest supplier of letter cards, plain postcards and correspondence cards to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from Hong Kong SAR totaled X%.

Import Prices by Country

In 2023, the average plain postcard import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Hong Kong SAR amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform