Bangladesh - Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBangladesh: Market for Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver 2024
Market Size for Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver in Bangladesh
The Bangladeshi market for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver shrank modestly to $X in 2022, leveling off at the previous year. In general, consumption saw a precipitous descent. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.
Production of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver in Bangladesh
In value terms, production of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver amounted to less than $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern.
Exports of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver
Exports from Bangladesh
For the sixth consecutive year, Bangladesh recorded growth in shipments abroad of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver, which increased by 29% to X kg in 2022. In general, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver soared to $X in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2015 with an increase of 36,902%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of failed to regain momentum.
Exports by Country
India (X kg), Austria (X kg) and the United States (X kg) were the main destinations of exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver from Bangladesh, together comprising 33% of total exports.
From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) remains the key foreign market for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver exports from Bangladesh, comprising 35% of total exports. The second position in the ranking was taken by Italy ($X), with a 17% share of total exports. It was followed by Austria, with a 7.8% share.
From 2015 to 2022, the average annual rate of growth in terms of value to the United States amounted to -12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Austria (0.0% per year).
Export Prices by Country
The average export price for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver stood at $X per kg in 2022, remaining relatively unchanged against the previous year. Overall, the export price saw a dramatic setback. The export price peaked at $X per kg in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per kg), while the average price for exports to Ireland ($X per kg) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+74.3%).
Imports of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver
Imports into Bangladesh
In value terms, imports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver contracted to $X in 2022. Overall, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 3.4%. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports by Country
In value terms, the United States ($X) constituted the largest supplier of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver to Bangladesh, comprising 84% of total imports. The second position in the ranking was taken by Thailand ($X), with a 15% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +4.1%.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for non-silver precious metal goldsmiths ware articles 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 32121353 - Articles of goldsmiths
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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