Report Update Feb 1, 2025

Bangladesh - Densified Wood - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Densified Wood Market 2025

Densified Wood Market Size in Bangladesh

In 2022, the Bangladeshi densified wood market decreased by -22.7% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, saw significant growth. Densified wood consumption peaked at $X in 2021, and then reduced dramatically in the following year.

Densified Wood Exports

Exports from Bangladesh

In 2022, shipments abroad of densified wood decreased by -4.1% to X tons for the first time since 2013, thus ending a eight-year rising trend. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 175% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank modestly in the following year.

In value terms, densified wood exports dropped to $X in 2022. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2019 when exports increased by 360% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell slightly in the following year.

Exports by Country

South Korea (X tons) was the main destination for densified wood exports from Bangladesh, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea totaled +40.1%.

In value terms, South Korea ($X) also remains the key foreign market for densified wood exports from Bangladesh.

From 2012 to 2022, the average annual growth rate of value to South Korea stood at +49.9%.

Export Prices by Country

The average densified wood export price stood at $X per ton in 2022, growing by 3.6% against the previous year. Overall, the export price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 87%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +7.0% per year.

Densified Wood Imports

Imports into Bangladesh

In 2022, overseas purchases of densified wood decreased by -23.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 657%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, densified wood imports dropped remarkably to $X in 2022. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by 1,272%. Over the period under review, imports reached the maximum at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

Italy (X tons), Hong Kong SAR (X tons) and Nigeria (X tons) were the main suppliers of densified wood imports to Bangladesh, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +83.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of densified wood to Bangladesh, comprising 52% of total imports. The second position in the ranking was taken by Nigeria ($X), with a 16% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +60.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (+37.9% per year) and Germany (+16.2% per year).

Import Prices by Country

In 2022, the average densified wood import price amounted to $X per ton, rising by 4% against the previous year. Over the period under review, the import price saw resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 81% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+107.8%), 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 densified wood in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, together accounting for 44% of global consumption. Russia, Nigeria, Indonesia, Brazil, Mexico, the Netherlands, Turkey, Canada and the UK lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of densified wood in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, together accounting for 46% of global production. Brazil, Russia, Nigeria, Indonesia, Latvia, Mexico, Turkey and Canada lagged somewhat behind, together accounting for a further 26%.

What are the leading suppliers of densified wood to Bangladesh?

In value terms, Italy constituted the largest supplier of densified wood to Bangladesh, comprising 46% of total imports. The second position in the ranking was occupied by Germany, with a 22% share of total imports. It was followed by Nigeria, with a 17% share.

What are the leading importers of densified wood from Bangladesh?

In value terms, South Korea remains the key foreign market for densified wood exports from Bangladesh.

What is the average export price for densified wood in Bangladesh?

The average densified wood export price stood at $989 per ton in 2021, with a decrease of -11.3% against the previous year.

What is the average import price for densified wood in Bangladesh?

The average densified wood import price stood at $3,391 per ton in 2021, shrinking by -8.2% against the previous year.

This report provides an in-depth analysis of the densified wood 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 16212200 - Densified wood, in blocks, plates, strips or profile shapes

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024