Report Update Nov 1, 2024

Bangladesh - Amino Resins - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bangladesh: Amino Resin Market 2024

Amino Resin Market Size in Bangladesh

The Bangladeshi amino resin market fell to $X in 2022, waning by -6.2% 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 recorded a prominent increase. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Amino Resin Exports

Exports from Bangladesh

In 2019, approx. X kg of amino resins were exported from Bangladesh; standing approx. at the previous year. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2019 and are likely to see gradual growth in the near future.

In value terms, amino resin exports amounted to $X in 2019. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2016. The exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

Austria (X kg) was the main destination for amino resin exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to Austria was relatively modest.

From 2015 to 2019, the average annual rate of growth in terms of value to Austria was relatively modest.

Export Prices by Country

The average amino resin export price stood at $X per ton in 2019, standing approx. at the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when the average export price decreased by 99.9%. The export price peaked in 2019 and is likely to see gradual growth in years to come.

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

From 2015 to 2019, the rate of growth in terms of prices for Austria amounted to 0.0% per year.

Amino Resin Imports

Imports into Bangladesh

In 2022, imports of amino resins into Bangladesh rose remarkably to X tons, picking up by 7.2% against 2021 figures. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 51% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, amino resin imports shrank to $X in 2022. Overall, imports showed a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest amino resin supplier to Bangladesh, accounting for a 51% share of total imports. Moreover, amino resin imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+57.4% per year) and South Korea (+114.2% per year).

In value terms, China ($X) constituted the largest supplier of amino resins to Bangladesh, comprising 57% of total imports. The second position in the ranking was taken by South Korea ($X), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+107.9% per year) and the United Arab Emirates (-3.5% per year).

Import Prices by Country

In 2022, the average amino resin import price amounted to $X per ton, with a decrease of -16.2% against the previous year. Over the period under review, the import price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 an increase of 40%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 38% share of global consumption. These countries were followed by Indonesia, Brazil, Russia, Belgium, Mexico, Turkey, South Korea, Hungary, Portugal and Germany, which together accounted for a further 32%.

What are the largest producers of amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in the world?

China constituted the country with the largest volume of amino resins in primary forms production, comprising approx. 29% of total volume. Moreover, amino resins in primary forms production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Japan, with a 6.1% share.

What are the leading suppliers of amino resins in primary forms (excluding urea and thiourea resins, melamine resins) to Bangladesh?

In value terms, China constituted the largest supplier of amino resins in primary forms to Bangladesh, comprising 67% of total imports. The second position in the ranking was occupied by South Korea, with a 16% share of total imports. It was followed by Germany, with a 7% share.

What is the average export price for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in Bangladesh?

In 2015, the average export price for amino resins in primary forms excluding urea and thiourea resins, melamine resins) amounted to $1,714 per ton, approximately mirroring the previous year.

What is the average import price for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in Bangladesh?

In 2021, the average import price for amino resins in primary forms excluding urea and thiourea resins, melamine resins) amounted to $380 per ton, declining by -11.6% against the previous year.

This report provides an in-depth analysis of the amino resin 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 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)

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