Report Update Apr 1, 2024

Bangladesh - Waferboard - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Waferboard Market 2024

Waferboard Market Size in Bangladesh

After three years of decline, the Bangladeshi waferboard market increased by 113% to $X in 2021. Overall, consumption, however, saw a precipitous contraction. Waferboard consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Waferboard Exports

Exports from Bangladesh

Waferboard exports from Bangladesh contracted notably to X cubic meters in 2021, dropping by -31.7% compared with 2020. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 363% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, waferboard exports shrank to $X in 2021. Over the period under review, exports faced a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 257% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

India (X cubic meters) was the main destination for waferboard exports from Bangladesh, accounting for a 98% share of total exports. It was followed by Malaysia (X cubic meters), with a 2.4% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to India amounted to -10.3%.

In value terms, India ($X) remains the key foreign market for waferboards exports from Bangladesh, comprising 97% of total exports. The second position in the ranking was held by Malaysia ($X), with a 3.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to India amounted to -13.2%.

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Waferboard Imports

Imports into Bangladesh

In 2021, after three years of decline, there was significant growth in overseas purchases of waferboards, when their volume increased by 62% to X cubic meters. Overall, imports, however, saw a precipitous slump. The growth pace was the most rapid in 2016 when imports increased by 217%. Over the period under review, imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, waferboard imports surged to $X in 2021. In general, imports, however, recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 157% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X cubic meters) constituted the largest supplier of waferboard to Bangladesh, with a 69% share of total imports. Moreover, waferboard imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X cubic meters), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-23.1% per year) and Malaysia (-49.7% per year).

In value terms, China ($X) constituted the largest supplier of waferboards to Bangladesh, comprising 77% of total imports. The second position in the ranking was held by Thailand ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +28.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-23.2% per year) and Malaysia (-48.0% per year).

Import Prices by Country

The average waferboard import price stood at $X per cubic meter in 2021, jumping by 36% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, waferboard import price increased by +55.6% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 87%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of waferboards to Bangladesh?

In value terms, China constituted the largest supplier of waferboards to Bangladesh, comprising 77% of total imports. The second position in the ranking was held by Thailand, with a 16% share of total imports.

What is the average import price for waferboards in Bangladesh?

The average waferboard import price stood at $289 per cubic meter in 2021, picking up by 36% against the previous year.

This report provides an in-depth analysis of the waferboard market 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 16211313 - Particle board, of wood

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023