Report Update Nov 1, 2024

Bangladesh - Extruded Solid Rubber Rods and Profiles - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Extruded Solid Rubber Rods And Profiles 2024

Market Size for Extruded Solid Rubber Rods And Profiles in Bangladesh

The Bangladeshi extruded solid rubber rod market contracted significantly to $X in 2022, which is down by -30.7% 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 continues to indicate a pronounced decline. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Bangladesh

In 2022, overseas shipments of extruded solid rubber rods and profiles decreased by -32.8% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2016 with an increase of 463% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined rapidly in the following year.

In value terms, extruded solid rubber rod exports reduced notably to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of 316% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Sri Lanka (X tons) was the main destination for extruded solid rubber rod exports from Bangladesh, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sri Lanka totaled +101.5%.

In value terms, Sri Lanka ($X) emerged as the key foreign market for extruded solid rubber rods and profiles exports from Bangladesh.

From 2012 to 2022, the average annual rate of growth in terms of value to Sri Lanka totaled +144.8%.

Export Prices by Country

The average extruded solid rubber rod export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price saw a tangible increase. The pace of growth appeared the most rapid in 2015 an increase of 118%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 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 Sri Lanka.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +55.0% per year.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into Bangladesh

In 2022, approx. X tons of extruded solid rubber rods and profiles were imported into Bangladesh; dropping by -31.4% against 2021 figures. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 138% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, extruded solid rubber rod imports fell dramatically to $X in 2022. Overall, imports, however, enjoyed a modest increase. The pace of growth appeared the most rapid in 2019 with an increase of 193% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Malaysia (X tons), China (X tons) and India (X tons) were the main suppliers of extruded solid rubber rod imports to Bangladesh, with a combined 92% share of total imports. Germany, South Korea and Thailand lagged somewhat behind, together comprising a further 5.2%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +36.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of extruded solid rubber rods and profiles to Bangladesh, comprising 50% of total imports. The second position in the ranking was taken by India ($X), with a 22% share of total imports. It was followed by Malaysia, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+29.3% per year) and Malaysia (+39.1% per year).

Import Prices by Country

In 2022, the average extruded solid rubber rod import price amounted to $X per ton, stabilizing at the previous year. In general, the import price showed buoyant growth. The growth pace was the most rapid in 2021 an increase of 73%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.5%), 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 extruded solid rubber rods and profiles in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 53% of global consumption. Japan, Brazil, Nigeria, France, Turkey, South Korea, Slovakia, Canada and Germany lagged somewhat behind, together comprising a further 26%.

What are the largest producers of extruded solid rubber rods and profiles in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 52% share of global production. Japan, Brazil, Nigeria, Germany, Turkey, the Czech Republic, France, Slovakia, South Korea and Thailand lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of extruded solid rubber rods and profiles to Bangladesh?

In value terms, Malaysia, China and India appeared to be the largest extruded solid rubber rod suppliers to Bangladesh, together accounting for 73% of total imports.

What are the leading importers of extruded solid rubber rods and profiles from Bangladesh?

In value terms, Sri Lanka remains the key foreign market for extruded solid rubber rod exports from Bangladesh.

What is the average export price for extruded solid rubber rods and profiles in Bangladesh?

In 2021, the average extruded solid rubber rod export price amounted to $8,613 per ton, rising by 15% against the previous year.

What is the average import price for extruded solid rubber rods and profiles in Bangladesh?

The average extruded solid rubber rod import price stood at $5,013 per ton in 2021, approximately equating the previous year.

This report provides an in-depth analysis of the market for extruded solid rubber rod 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 22192087 - Extruded solid rubber rods and profiles

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023