Report Update Nov 1, 2024

Bangladesh - Granules, Chippings and Powder of Marble - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Bangladesh

In 2021, the Bangladeshi marble granules and powder market decreased by -8.7% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, saw a significant expansion. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Exports of Granules, Chippings And Powder Of Marble

Exports from Bangladesh

Marble granules and powder exports from Bangladesh amounted to X kg in 2021, stabilizing at the year before. Overall, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, marble granules and powder exports totaled $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Switzerland (X kg) was the main destination for marble granules and powder exports from Bangladesh, with a approx. 100% share of total exports.

From 2021 to 2021, the average annual growth rate of volume to Switzerland was relatively modest.

From 2021 to 2021, the average annual rate of growth in terms of value to Switzerland was relatively modest.

Imports of Granules, Chippings And Powder Of Marble

Imports into Bangladesh

In 2021, after two years of growth, there was significant decline in supplies from abroad of granules, chippings and powder of marble, when their volume decreased by -13.8% to X tons. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,045% against the previous year. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, marble granules and powder imports shrank to $X in 2021. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,172% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

India (X tons), Vietnam (X tons) and Pakistan (X tons) were the main suppliers of marble granules and powder imports to Bangladesh, with a combined 6.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +69.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), India ($X) and Italy ($X) were the largest marble granules and powder suppliers to Bangladesh, together comprising 4.6% of total imports.

In terms of the main suppliers, India, with a CAGR of +57.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average marble granules and powder import price amounted to $X per ton, growing by 8.8% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble granules and powder import price increased by +20.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Italy ($X per ton) and Vietnam ($X per ton), while the price for Pakistan ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granules, chippings and powder of marble in the world?

China constituted the country with the largest volume of marble granules and powder consumption, accounting for 22% of total volume. Moreover, marble granules and powder consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.7% share.

What are the largest producers of granules, chippings and powder of marble in the world?

China remains the largest marble granules and powder producing country worldwide, accounting for 22% of total volume. Moreover, marble granules and powder production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.9% share.

What are the leading suppliers of granules, chippings and powder of marble to Bangladesh?

In value terms, Vietnam constituted the largest supplier of marble granules and powder to Bangladesh, comprising 95% of total imports. The second position in the ranking was occupied by India, with a 2.5% share of total imports.

What is the average import price for granules, chippings and powder of marble in Bangladesh?

The average marble granules and powder import price stood at $82 per ton in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for marble granules and powder 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 08121250 - Granules, chippings and powder of marble

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