Report Update Nov 1, 2024

Bangladesh - Base Metal Staples in Strips for Use in Offices - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Office Metal Staple Market 2024

Office Metal Staple Market Size in Bangladesh

The Bangladeshi office metal staple market dropped rapidly to $X in 2022, waning by -19.5% 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, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.0% against 2020 indices. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

Office Metal Staple Exports

Exports from Bangladesh

In 2022, overseas shipments of base metal staples in strips for use in offices increased by 15% to X kg for the first time since 2014, thus ending a seven-year declining trend. Overall, exports, however, recorded a perceptible slump. The growth pace was the most rapid in 2014 when exports increased by 134%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, office metal staple exports stood at $X in 2022. In general, exports saw a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 168%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X kg) was the main destination for office metal staple exports from Bangladesh, with a 83% share of total exports. Moreover, office metal staple exports to Switzerland exceeded the volume sent to the second major destination, Jordan (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland totaled -6.4%.

In value terms, Switzerland ($X) remains the key foreign market for base metal staples in strips for use in offices exports from Bangladesh, comprising 70% of total exports. The second position in the ranking was taken by Jordan ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland amounted to +2.2%.

Export Prices by Country

The average office metal staple export price stood at $X per ton in 2022, dropping by -3% against the previous year. Overall, the export price, however, showed buoyant growth. The growth pace was the most rapid in 2016 when the average export price increased by 40%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then contracted slightly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Jordan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.2%).

Office Metal Staple Imports

Imports into Bangladesh

In 2022, approx. X tons of base metal staples in strips for use in offices were imported into Bangladesh; which is down by -17% compared with the previous year's figure. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, office metal staple imports fell remarkably to $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

China (X tons) and India (X tons) were the main suppliers of office metal staple imports to Bangladesh.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +0.5%).

In value terms, China ($X) and India ($X) appeared to be the largest office metal staple suppliers to Bangladesh.

China, with a CAGR of +4.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2022, the average office metal staple import price amounted to $X per ton, falling by -3.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal staples in strips for use in offices in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 50% share of global consumption. These countries were followed by Mexico, Russia, Japan, Indonesia, the UK, Canada, Thailand, Italy and Turkey, which together accounted for a further 24%.

What are the largest producers of base metal staples in strips for use in offices in the world?

The country with the largest volume of office metal staple production was China, accounting for 53% of total volume. Moreover, office metal staple production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Thailand, with a 4.1% share.

What are the leading suppliers of base metal staples in strips for use in offices to Bangladesh?

In value terms, India and China appeared to be the largest office metal staple suppliers to Bangladesh.

What are the leading importers of base metal staples in strips for use in offices from Bangladesh?

In value terms, Switzerland remains the key foreign market for office metal staple exports from Bangladesh.

What is the average export price for base metal staples in strips for use in offices in Bangladesh?

The average office metal staple export price stood at $3,151 per ton in 2021, waning by -1.7% against the previous year.

What is the average import price for base metal staples in strips for use in offices in Bangladesh?

The average office metal staple import price stood at $2,357 per ton in 2021, surging by 1.9% against the previous year.

This report provides an in-depth analysis of the office metal staple 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 25992350 - Base metal staples in strips for use in offices, upholstery and packaging

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