Bangladesh: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Bangladesh

The Bangladeshi metal advertising sign market rose notably to $X in 2020, picking up 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). Over the period under review, consumption continues to indicate significant growth. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from Bangladesh

In 2020, approx. X kg of metal advertising signs were exported from Bangladesh; with an increase of X% against the previous year's figure. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in the immediate term.

In value terms, metal advertising sign exports soared to $X in 2020. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in years to come.

Exports by Country

Hong Kong SAR (X kg) was the main destination for metal advertising sign exports from Bangladesh, accounting for a X% share of total exports. It was followed by Canada (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR totaled +X%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for metal advertising sign exports from Bangladesh, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR stood at +X%.

Export Prices by Country

In 2020, the average metal advertising sign export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2014 an increase of X% year-to-year. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR.

Metal Advertising Sign Imports

Imports into Bangladesh

In 2020, approx. X tons of metal advertising signs were imported into Bangladesh; with an increase of X% on the year before. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports expanded remarkably to $X in 2020. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) constituted the largest metal advertising sign supplier to Bangladesh, with a X% share of total imports. Moreover, metal advertising sign imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2007 to 2020, 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: India (+X% per year) and Hong Kong SAR (+X% per year).

In value terms, the largest metal advertising sign suppliers to Bangladesh were China ($X), Hong Kong SAR ($X) and India ($X), with a combined X% share of total imports.

India (+X% per year) saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded tangible growth. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Hong Kong SAR ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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