Bangladesh: Bottled Water Market 2024

Bottled Water Market Size in Bangladesh

The Bangladeshi bottled water market reduced to $X in 2022, waning by -6.9% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Bottled Water Production in Bangladesh

In value terms, bottled water production shrank to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 50% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Bottled Water Exports

Exports from Bangladesh

In 2022, shipments abroad of bottled waters increased by 17% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted resilient growth. The growth pace was the most rapid in 2015 with an increase of 82%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, bottled water exports skyrocketed to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 161%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for bottled water exports from Bangladesh, with a 29% share of total exports. Moreover, bottled water exports to the UK exceeded the volume sent to the second major destination, New Zealand (X tons), twofold. The third position in this ranking was held by Comoros (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to +62.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-1.2% per year) and Comoros (-22.4% per year).

In value terms, the UK ($X), Comoros ($X) and Australia ($X) were the largest markets for bottled water exported from Bangladesh worldwide, with a combined 52% share of total exports.

The UK, with a CAGR of +47.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bottled water export price stood at $X per ton in 2022, with an increase of 2.9% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 50%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.8%), while the prices for the other major destinations experienced a decline.

Bottled Water Imports

Imports into Bangladesh

After three years of decline, overseas purchases of bottled waters increased by 3.6% to X tons in 2022. Overall, imports, however, continue to indicate a mild slump. The growth pace was the most rapid in 2018 with an increase of 217%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bottled water imports declined to $X in 2022. Over the period under review, imports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 113% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), Sri Lanka (X tons) and Malaysia (X tons) were the main suppliers of bottled water imports to Bangladesh, together comprising 32% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +44.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bottled water suppliers to Bangladesh were Malaysia ($X), the UK ($X) and France ($X), together comprising 38% of total imports.

Among the main suppliers, Malaysia, with a CAGR of +33.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bottled water import price amounted to $X per ton, reducing by -10.3% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bottled water import price increased by +91.3% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 51%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Bhutan ($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 Netherlands (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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