Bangladesh - Dolls and Toys - Market Analysis, Forecast, Size, Trends and Insights
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Toy Market Size in Bangladesh
The Bangladeshi toy market stood at $X in 2021, picking up by 5.8% against the previous year. In general, consumption posted a strong increase. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.
Toy Production in Bangladesh
In value terms, toy production rose markedly to $X in 2021 estimated in export price. Over the period under review, production showed buoyant growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by 49% against the previous year. Toy production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.
Toy Exports
Exports from Bangladesh
In 2021, after two years of decline, there was significant growth in overseas shipments of dolls and toys, when their volume increased by 136% to X tons. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 714%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.
In value terms, toy exports soared to $X in 2021. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 806% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Spain (X tons) was the main destination for toy exports from Bangladesh, with a 14% share of total exports. Moreover, toy exports to Spain exceeded the volume sent to the second major destination, Sri Lanka (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 4.8% share.
From 2012 to 2021, the average annual growth rate of volume to Spain stood at +177.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+278.2% per year) and Germany (+41.5% per year).
In value terms, Spain ($X) remains the key foreign market for dolls and toys exports from Bangladesh, comprising 16% of total exports. The second position in the ranking was taken by Germany ($X), with a 5.9% share of total exports. It was followed by France, with a 5.4% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Spain totaled +169.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+50.5% per year) and France (+117.8% per year).
Export Prices by Country
In 2021, the average toy export price amounted to $X per ton, picking up by 6.2% against the previous year. Over the last nine years, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 59% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Toy Imports
Imports into Bangladesh
In 2021, toy imports into Bangladesh soared to X tons, increasing by 16% against the previous year's figure. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 104% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, toy imports skyrocketed to $X in 2021. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2015 when imports increased by 127%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.
Imports by Country
In 2021, China (X tons) was the main toy supplier to Bangladesh, accounting for a approx. 98% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +30.8%.
In value terms, China ($X) constituted the largest supplier of dolls and toys to Bangladesh.
From 2012 to 2021, the average annual growth rate of value from China amounted to +47.2%.
Import Prices by Country
In 2021, the average toy import price amounted to $X per ton, surging by 23% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to +12.5% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the toy 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 32401100 - Dolls representing only human beings
- Prodcom 32401200 - Toys representing animals or non-human creatures
- Prodcom 32401300 - Parts and accessories for dolls representing only human beings
- Prodcom 32402000 - Toy trains and their accessories, other reduced-size models or construction sets and constructional toys
- Prodcom 32403100 - Wheeled toys designed to be ridden by children (excluding bicycles), dolls
- Prodcom 32403200 - Puzzles
- Prodcom 32403900 -
- Prodcom 32403920 - Toy musical instruments and apparatus, toys put up in sets or outfits (excluding electric trains, scale model assembly kits, c onstruction sets and constructional toys, and puzzles), toys and models incorporating a motor, toy weapons
- Prodcom 32403940 - Other toys of plastics
- Prodcom 32403960 - Toy die-cast miniature models of metal
- Prodcom 32403990 - Other toys n.e.c.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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