Report Update Apr 1, 2024

Bangladesh - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Flax Fabric Market 2024

Flax Fabric Market Size in Bangladesh

The Bangladeshi flax fabric market expanded remarkably to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption faced a significant decline. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Flax Fabric Production in Bangladesh

In value terms, flax fabric production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt decrease. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Flax Fabric Exports

Exports from Bangladesh

For the eleventh year in a row, Bangladesh recorded growth in overseas shipments of woven fabrics of flax, which increased by X% to X square meters in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, flax fabric exports soared to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Portugal (X square meters) was the main destination for flax fabric exports from Bangladesh, accounting for a X% share of total exports. Moreover, flax fabric exports to Portugal exceeded the volume sent to the second major destination, Japan (X square meters), more than tenfold.

From 2020 to 2022, the average annual growth rate of volume to Portugal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and India (X% per year).

In value terms, the largest markets for flax fabric exported from Bangladesh were Portugal ($X), India ($X) and Japan ($X), together accounting for X% of total exports.

Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average flax fabric export price stood at $X per square meter in 2022, picking up by X% against the previous year. In general, the export price, however, continues to indicate a precipitous contraction. The export price peaked at $X per square meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per square meter), while the average price for exports to Portugal ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Bangladesh

In 2022, after ten years of growth, there was significant decline in purchases abroad of woven fabrics of flax, when their volume decreased by X% to X square meters. Over the period under review, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters, and then declined markedly in the following year.

In value terms, flax fabric imports contracted sharply to $X in 2022. In general, imports continue to indicate a mild downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X square meters) was the main flax fabric supplier to Bangladesh, with a X% share of total imports. It was followed by Hong Kong SAR (X square meters), with a X% share of total imports.

From 2020 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of woven fabrics of flax to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports.

From 2020 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

The average flax fabric import price stood at $X per square meter in 2022, growing by X% against the previous year. Overall, the import price, however, recorded a mild decline. The import price peaked at $X per square meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per square meter), while the price for Hong Kong SAR amounted to $X per square meter.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of flax in the world?

Vietnam constituted the country with the largest volume of flax fabric consumption, accounting for 38% of total volume. Moreover, flax fabric consumption in Vietnam exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was taken by the United States, with a 5.8% share.

What are the largest producers of woven fabrics of flax in the world?

The country with the largest volume of flax fabric production was Vietnam, accounting for 37% of total volume. Moreover, flax fabric production in Vietnam exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was held by the United States, with a 5.8% share.

What are the leading suppliers of woven fabrics of flax to Bangladesh?

In value terms, China constituted the largest supplier of woven fabrics of flax to Bangladesh, comprising 98% of total imports. The second position in the ranking was taken by Hong Kong SAR, with a 0.6% share of total imports.

What are the leading importers of woven fabrics of flax from Bangladesh?

In value terms, the largest markets for flax fabric exported from Bangladesh were Portugal, India and Japan, together comprising 63% of total exports.

What is the average export price for woven fabrics of flax in Bangladesh?

In 2022, the average flax fabric export price amounted to $14 per square meter, with an increase of 5.9% against the previous year.

What is the average import price for woven fabrics of flax in Bangladesh?

The average flax fabric import price stood at $19 per square meter in 2022, increasing by 1.5% against the previous year.

This report provides an in-depth analysis of the flax fabric 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 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

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