Bangladesh: Gummed Paper Market 2024

Gummed Paper Market Size in Bangladesh

The Bangladeshi gummed paper market expanded markedly to $X in 2021, picking up by 11% 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 strong increase. Gummed paper consumption peaked in 2021 and is likely to see gradual growth in the near future.

Gummed Paper Exports

Exports from Bangladesh

In 2021, the amount of gummed paper and paperboard (excluding self-adhesives) exported from Bangladesh skyrocketed to X tons, with an increase of 26% against 2020. In general, exports, however, faced a deep reduction. The growth pace was the most rapid in 2018 when exports increased by 426% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, gummed paper exports reduced to $X in 2021. Over the period under review, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by 119% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for gummed paper exports from Bangladesh, accounting for a 86% share of total exports. Moreover, gummed paper exports to India exceeded the volume sent to the second major destination, Sri Lanka (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to India stood at +62.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+3.7% per year) and Pakistan (+13.2% per year).

In value terms, India ($X) emerged as the key foreign market for gummed paper and paperboard (excluding self-adhesives) exports from Bangladesh, comprising 72% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to India amounted to +56.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+7.5% per year) and Pakistan (+17.6% per year).

Export Prices by Country

In 2021, the average gummed paper export price amounted to $X per ton, falling by -27.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 109%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to India ($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 Turkey (+92.2%), while the prices for the other major destinations experienced more modest paces of growth.

Gummed Paper Imports

Imports into Bangladesh

In 2021, the amount of gummed paper and paperboard (excluding self-adhesives) imported into Bangladesh reached X tons, with an increase of 9% compared with the year before. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by 180%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, gummed paper imports expanded sharply to $X in 2021. In general, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2019 when imports increased by 81%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest gummed paper supplier to Bangladesh, accounting for a 52% share of total imports. Moreover, gummed paper imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+5.5% per year) and South Korea (+20.7% per year).

In value terms, China ($X) constituted the largest supplier of gummed paper and paperboard (excluding self-adhesives) to Bangladesh, comprising 54% of total imports. The second position in the ranking was held by South Korea ($X), with a 13% share of total imports. It was followed by India, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+21.7% per year) and India (+3.6% per year).

Import Prices by Country

The average gummed paper import price stood at $X per ton in 2021, increasing by 4.5% against the previous year. Overall, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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