Bangladesh: Calendering Cylinder Market 2024

Calendering Cylinder Market Size in Bangladesh

The Bangladeshi calendering cylinder market skyrocketed to $X in 2021, jumping by 538% 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). Over the period under review, consumption showed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Calendering Cylinder Exports

Exports from Bangladesh

In 2021, shipments abroad of cylinders for calendering increased by 6.7% to X units, rising for the third year in a row after three years of decline. In general, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 1,479% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, calendering cylinder exports expanded slightly to $X in 2021. Over the period under review, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 392%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X units) was the main destination for calendering cylinder exports from Bangladesh, accounting for a 87% share of total exports. Moreover, calendering cylinder exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, Singapore (X units), more than tenfold. The third position in this ranking was held by China (X units), with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Taiwan (Chinese) stood at +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+48.9% per year) and China (0.0% per year).

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for cylinders for calendering exports from Bangladesh, comprising 73% of total exports. The second position in the ranking was held by Singapore ($X), with a 25% share of total exports. It was followed by China, with a 1.1% share.

From 2012 to 2021, the average annual growth rate of value to Taiwan (Chinese) amounted to +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+41.3% per year) and China (0.0% per year).

Export Prices by Country

The average calendering cylinder export price stood at $X per unit in 2021, with a decrease of -4.6% against the previous year. Overall, the export price, however, saw a measured expansion. The most prominent rate of growth was recorded in 2013 an increase of 127% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

Calendering Cylinder Imports

Imports into Bangladesh

Calendering cylinder imports into Bangladesh skyrocketed to X units in 2021, jumping by 528% against 2020 figures. Overall, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, calendering cylinder imports soared to $X in 2021. In general, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and Sri Lanka (X units) were the main suppliers of calendering cylinder imports to Bangladesh, with a combined 50% share of total imports. The UK, India, Turkey, Italy, Finland, Pakistan, South Korea, Thailand and Singapore lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +46.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of cylinders for calendering to Bangladesh, comprising 21% of total imports. The second position in the ranking was held by China ($X), with a 9.6% share of total imports. It was followed by the UK, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.4% per year) and the UK (+30.8% per year).

Import Prices by Country

The average calendering cylinder import price stood at $X per unit in 2021, which is down by -26.3% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calendering cylinder import price decreased by -47.7% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 41%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per unit), while the price for Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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