Bangladesh: Paperboard Case Material Market 2024

Paperboard Case Material Market Size in Bangladesh

The Bangladeshi paperboard case material market fell markedly to $X in 2022, which is down by -17.3% against the previous year. Over the period under review, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +25.6% against 2020 indices. As a result, consumption reached the peak level of $X, and then contracted notably in the following year.

Paperboard Case Material Production in Bangladesh

In value terms, paperboard case material production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a slight slump. The pace of growth appeared the most rapid in 2015 with an increase of 4.8%. Paperboard case material production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Paperboard Case Material Exports

Exports from Bangladesh

In 2022, the amount of paperboard case materials exported from Bangladesh reduced modestly to X tons, waning by -2.1% compared with the previous year's figure. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 31% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, paperboard case material exports reached $X in 2022. Over the period under review, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for paperboard case material exports from Bangladesh, with a 88% share of total exports. Moreover, paperboard case material exports to China exceeded the volume sent to the second major destination, Sweden (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (0.0% per year) and Sri Lanka (+1.2% per year).

In value terms, China ($X) remains the key foreign market for paperboard case materials exports from Bangladesh, comprising 84% of total exports. The second position in the ranking was held by Sweden ($X), with a 5.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (0.0% per year) and Sri Lanka (+0.5% per year).

Export Prices by Country

In 2022, the average paperboard case material export price amounted to $X per ton, increasing by 2.8% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2014 when the average export price increased by 7.2%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Sweden ($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 China (-0.1%).

Paperboard Case Material Imports

Imports into Bangladesh

In 2022, after seven years of growth, there was significant decline in overseas purchases of paperboard case materials, when their volume decreased by -7.9% to X tons. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% 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 +81.5% against 2014 indices. The pace of growth was the most pronounced in 2015 with an increase of 32%. Over the period under review, imports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, paperboard case material imports declined remarkably to $X in 2022. Overall, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. As a result, imports attained the peak of $X, and then contracted dramatically in the following year.

Imports by Country

Taiwan (Chinese) (X tons), India (X tons) and Thailand (X tons) were the main suppliers of paperboard case material imports to Bangladesh, together accounting for 42% of total imports. Japan, Australia, Poland, the United States, Malaysia, Finland, Sweden, Vietnam, Sri Lanka and Germany lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +51.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paperboard case material suppliers to Bangladesh were India ($X), Taiwan (Chinese) ($X) and Thailand ($X), together comprising 37% of total imports. Japan, Poland, the United States, Sweden, Finland, Australia, Malaysia, Vietnam, Sri Lanka and Germany lagged somewhat behind, together accounting for a further 50%.

In terms of the main suppliers, Sweden, with a CAGR of +53.8%, recorded 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 paperboard case material import price stood at $X per ton in 2022, dropping by -13.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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