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Report Bangladesh - Hand-Made Lace in the Piece, in Strips or in Motifs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Bangladesh - Hand-Made Lace in the Piece, in Strips or in Motifs - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Hand-Made Lace Market 2024

Hand-Made Lace Market Size in Bangladesh

In 2022, the Bangladeshi hand-made lace market decreased by -16.8% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a deep slump. Hand-made lace consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Hand-Made Lace Exports

Exports from Bangladesh

In 2022, overseas shipments of hand-made lace in the piece, in strips or in motifs were finally on the rise to reach X kg for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 983% against the previous year. The exports peaked at X kg in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand-made lace exports amounted to $X in 2022. In general, exports, however, faced a significant decline. The most prominent rate of growth was recorded in 2015 when exports increased by 1,148% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Nepal (X kg), the Netherlands (X kg) and Belgium (X kg) were the main destinations of hand-made lace exports from Bangladesh. Moreover, hand-made lace exports in Nepal exceeded the figures recorded by the second-largest exporter, the Netherlands, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Nepal ($X) remains the key foreign market for hand-made lace in the piece, in strips or in motifs exports from Bangladesh, comprising 97% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 1.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Nepal totaled -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Belgium (0.0% per year).

Export Prices by Country

In 2022, the average hand-made lace export price amounted to $X per ton, waning by -25% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 35%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (-2.9%).

Hand-Made Lace Imports

Imports into Bangladesh

In 2022, after two years of growth, there was significant decline in supplies from abroad of hand-made lace in the piece, in strips or in motifs, when their volume decreased by -18.7% to X tons. Over the period under review, imports saw a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 253%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hand-made lace imports shrank to $X in 2022. Overall, imports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 68% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Korea (X tons), India (X tons) and China (X tons) were the main suppliers of hand-made lace imports to Bangladesh, with a combined 97% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +46.1%), while imports for the other leaders experienced a decline.

In value terms, South Korea ($X) constituted the largest supplier of hand-made lace in the piece, in strips or in motifs to Bangladesh, comprising 85% of total imports. The second position in the ranking was held by India ($X), with a 7.5% share of total imports. It was followed by China, with a 1.9% share.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to +33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-15.6% per year) and China (-39.6% per year).

Import Prices by Country

In 2022, the average hand-made lace import price amounted to $X per ton, rising by 6.3% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 70% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 China ($X per ton), while the price for India ($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 (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of hand-made lace consumption was China, comprising approx. 39% of total volume. Moreover, hand-made lace consumption in China exceeded the figures recorded by the second-largest consumer, the United Arab Emirates, twofold. The Philippines ranked third in terms of total consumption with an 8.2% share.
The country with the largest volume of hand-made lace production was China, accounting for 66% of total volume. Moreover, hand-made lace production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Turkey ranked third in terms of total production with a 5.8% share.
In value terms, Malaysia, India and China were the largest hand-made lace suppliers to Bangladesh, together comprising 72% of total imports.
In value terms, Nepal $288) remains the key foreign market for hand-made lace exports from Bangladesh.
The average hand-made lace export price stood at $175 per ton in 2021, picking up by 7.8% against the previous year.
In 2021, the average hand-made lace import price amounted to $2,719 per ton, reducing by -57.6% against the previous year.

This report provides an in-depth analysis of the hand-made lace 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 13991170 - Hand-made lace in the piece, in strips or in motifs

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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