Bangladesh: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2025

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in Bangladesh

The Bangladeshi market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china rose to $X in 2022, surging by 4.2% 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). In general, consumption posted significant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports from Bangladesh

In 2022, overseas shipments of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china increased by 2,954% to X units, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a significant increase. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china surged to $X in 2022. Over the period under review, exports posted a significant increase. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from Bangladesh, with a 53% share of total exports. Moreover, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to the United States exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by the UK (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-28.0% per year) and the UK (+65.2% per year).

In value terms, the UK ($X), Germany ($X) and the United Arab Emirates ($X) were the largest markets for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exported from Bangladesh worldwide, together accounting for 95% of total exports.

The UK, with a CAGR of +87.7%, recorded 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

In 2022, the average export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china amounted to $X per unit, picking up by 27% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china increased by +88.5% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 56% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United States ($X per unit) 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 (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports into Bangladesh

In 2022, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china into Bangladesh expanded to X units, picking up by 4% on 2021 figures. Over the period under review, imports posted a prominent expansion. The pace of growth was the most pronounced in 2019 when imports increased by 55% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 101%. Over the period under review, imports of hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china supplier to Bangladesh, with a 91% share of total imports. Moreover, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+17.7% per year) and Thailand (+29.3% per year).

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Bangladesh, comprising 97% of total imports. The second position in the ranking was taken by Thailand ($X), with a 0.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +37.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+33.1% per year) and Hong Kong SAR (-2.9% per year).

Import Prices by Country

The average import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 82% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 China ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform