Bangladesh: Market for Non-PVC Floor, Wall and Ceiling Coverings 2024

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in Bangladesh

The Bangladeshi market for non-PVC floor, wall and ceiling coverings contracted to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed significant growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports from Bangladesh

Exports of non-PVC floor, wall and ceiling coverings from Bangladesh soared to X square meters in 2022, rising by X% compared with 2021 figures. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X square meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of non-PVC floor, wall and ceiling coverings surged to $X in 2022. In general, exports recorded buoyant growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

India (X square meters) was the main destination for exports of non-PVC floor, wall and ceiling coverings from Bangladesh, accounting for a X% share of total exports. Moreover, exports of non-PVC floor, wall and ceiling coverings to India exceeded the volume sent to the second major destination, Austria (X square meters), twofold. The third position in this ranking was taken by Luxembourg (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Luxembourg (X% per year).

In value terms, India ($X) remains the key foreign market for non-PVC floor, wall and ceiling coverings exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports. It was followed by Luxembourg, with a X% share.

From 2012 to 2022, the average annual growth rate of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The average export price for non-PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per square meter), while the average price for exports to the Netherlands ($X per square meter) was amongst the lowest.

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

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Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports into Bangladesh

In 2022, the amount of non-PVC floor, wall and ceiling coverings imported into Bangladesh shrank sharply to X square meters, dropping by X% against the previous year's figure. In general, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of non-PVC floor, wall and ceiling coverings fell slightly to $X in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest non-PVC floor, wall and ceiling coverings supplier to Bangladesh, accounting for a X% share of total imports. Moreover, imports of non-PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, Malaysia (X square meters), ninefold. Taiwan (Chinese) (X square meters) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of non-PVC floor, wall and ceiling coverings to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. 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

In 2022, the average import price for non-PVC floor, wall and ceiling coverings amounted to $X per square meter, picking up by X% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per square meter), while the price for Taiwan (Chinese) ($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 India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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