Report Update Nov 1, 2024

Bangladesh - Bentonite - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Bentonite Market 2024

Bentonite Market Size in Bangladesh

The Bangladeshi bentonite market totaled $X in 2022, increasing by 8% 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 showed a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Bentonite Exports

Exports from Bangladesh

In 2022, the amount of bentonite exported from Bangladesh was estimated at X kg, remaining stable against 2021. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2016 with an increase of 66%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bentonite exports amounted to $X in 2022. Over the period under review, exports showed a significant decline. The growth pace was the most rapid in 2016 when exports increased by 87%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X kg) was the main destination for bentonite exports from Bangladesh, accounting for a approx. 94% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Austria amounted to -1.7%.

In value terms, Austria ($X) also remains the key foreign market for bentonite exports from Bangladesh.

From 2015 to 2022, the average annual rate of growth in terms of value to Austria amounted to -2.3%.

Export Prices by Country

In 2022, the average bentonite export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, export price indicated a tangible increase from 2015 to 2022: its price increased at an average annual rate of +2.4% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bentonite export price decreased by -1.4% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 55%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Luxembourg amounted to +127.6% per year.

Bentonite Imports

Imports into Bangladesh

Bentonite imports into Bangladesh reached X tons in 2022, rising by 9.6% against 2021. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 118%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, bentonite imports rose notably to $X in 2022. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 69%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of bentonite to Bangladesh, with a 79% share of total imports. Moreover, bentonite imports from India exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+26.7% per year) and China (+17.3% per year).

In value terms, India ($X) constituted the largest supplier of bentonite to Bangladesh, comprising 39% of total imports. The second position in the ranking was held by the United States ($X), with a 17% share of total imports. It was followed by Turkey, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+28.2% per year) and Turkey (+23.0% per year).

Import Prices by Country

The average bentonite import price stood at $X per ton in 2022, declining by -3.4% against the previous year. In general, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in 2019 an increase of 23% against the previous year. 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 the United States ($X per ton), while the price for India ($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 States (+33.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bentonite in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 47% of global consumption.

What are the largest producers of bentonite in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 61% share of global production.

What are the leading suppliers of bentonite to Bangladesh?

In value terms, India, China and Turkey were the largest bentonite suppliers to Bangladesh, together comprising 84% of total imports. These countries were followed by the United States, which accounted for a further 8.4%.

What are the leading importers of bentonite from Bangladesh?

In value terms, Luxembourg $44) remains the key foreign market for bentonite exports from Bangladesh.

What is the average export price for bentonite in Bangladesh?

The average bentonite export price stood at $373 per ton in 2021, almost unchanged from the previous year.

What is the average import price for bentonite in Bangladesh?

The average bentonite import price stood at $148 per ton in 2021, growing by 6.7% against the previous year.

This report provides an in-depth analysis of the bentonite 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 08122210 - Bentonite

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