Report Update Nov 1, 2024

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

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Bangladesh: Carbides Market 2024

Carbides Market Size in Bangladesh

In 2022, the Bangladeshi carbides market increased by 46% to $X, rising for the third consecutive year after three years of decline. Overall, consumption continues to indicate a strong expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Carbides Exports

Exports from Bangladesh

In 2020, the amount of carbides exported from Bangladesh totaled X tons, remaining relatively unchanged against the year before. Overall, exports faced a sharp shrinkage. The smallest decline of 99.9% was in 2014. The exports peaked at X tons in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

In value terms, carbides exports stood at $X in 2020. Over the period under review, exports saw a abrupt setback. The smallest decline of 99.9% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2020, the exports remained at a lower figure.

Exports by Country

Myanmar (X tons) was the main destination for carbides exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to Myanmar was relatively modest.

From 2013 to 2020, the average annual growth rate of value to Myanmar was relatively modest.

Export Prices by Country

The average carbides export price stood at $X per ton in 2020, remaining stable against the previous year. Over the period under review, the export price recorded a significant increase. The pace of growth was the most pronounced in 2014 a decrease of 99.9%. The export price peaked in 2020 and is likely to continue growth in years to come.

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

From 2013 to 2020, the rate of growth in terms of prices for Myanmar amounted to 0.0% per year.

Carbides Imports

Imports into Bangladesh

Carbides imports into Bangladesh soared to X tons in 2022, rising by 29% compared with the previous year's figure. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.1% 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 +56.4% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 31% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, carbides imports skyrocketed to $X in 2022. In general, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 74% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest carbides supplier to Bangladesh, with a 47% share of total imports. Moreover, carbides imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Argentina (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+14.5% per year) and Argentina (+27.3% per year).

In value terms, the largest carbides suppliers to Bangladesh were China ($X), India ($X) and Argentina ($X), with a combined 82% share of total imports.

Among the main suppliers, Argentina, with a CAGR of +23.3%, saw the highest rates of growth with regard to 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

The average carbides import price stood at $X per ton in 2022, growing by 16% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbides import price increased by +83.7% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 35%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbides in the world?

China remains the largest carbides consuming country worldwide, comprising approx. 32% of total volume. Moreover, carbides consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.1% share.

What are the largest producers of carbides in the world?

The country with the largest volume of carbides production was China, accounting for 39% of total volume. Moreover, carbides production in China exceeded the figures recorded by the second-largest producer, India, threefold. Russia ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of carbides to Bangladesh?

In value terms, China, India and Argentina constituted the largest carbides suppliers to Bangladesh, together comprising 96% of total imports.

What is the average export price for carbides in Bangladesh?

In 2020, the average carbides export price amounted to $12,714 per ton, stabilizing at the previous year.

What is the average import price for carbides in Bangladesh?

The average carbides import price stood at $499 per ton in 2021, with a decrease of -25.4% against the previous year.

This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined

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