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Bangladesh - Horsehair - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Horsehair Market 2022

Horsehair Market Size in Bangladesh

In 2021, the Bangladeshi horsehair market increased by X% to $X, rising for the fourth year in a row after five years of decline. Over the period under review, consumption, however, continues to indicate a abrupt descent. Horsehair consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Horsehair Exports

Exports from Bangladesh

In 2021, horsehair exports from Bangladesh fell to X kg, declining by -X% compared with the previous year's figure. In general, exports recorded a precipitous setback. The smallest decline of -X% was in 2018. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, horsehair exports contracted markedly to $X in 2021. Over the period under review, exports recorded a sharp reduction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X kg) was the main destination for horsehair exports from Bangladesh, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Canada was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

The average horsehair export price stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2020, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2020, the rate of growth in terms of prices for Canada amounted to X% per year.

Horsehair Imports

Imports into Bangladesh

In 2021, purchases abroad of horsehair increased by X% to X tons, rising for the sixth year in a row after three years of decline. In general, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, horsehair imports reduced markedly to $X in 2021. Overall, imports, however, saw a sharp curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2015, Hong Kong SAR (X tons) was the main horsehair supplier to Bangladesh, with a X% share of total imports. Moreover, horsehair imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, China (X tons), tenfold.

From 2012 to 2015, the average annual growth rate of volume from Hong Kong SAR totaled +X%.

In value terms, Hong Kong SAR ($X) constituted the largest supplier of horsehair to Bangladesh, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2015, the average annual rate of growth in terms of value from Hong Kong SAR stood at +X%.

Import Prices by Country

In 2015, the average horsehair import price amounted to $X per ton, waning by -X% against the previous year. Overall, the import price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014, and then dropped rapidly in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while the price for Hong Kong SAR amounted to $X per ton.

From 2012 to 2015, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horsehair in the world?

The country with the largest volume of horsehair consumption was China, accounting for 50% of total volume. Moreover, horsehair consumption in China exceeded the figures recorded by the second-largest consumer, Italy, sevenfold. The third position in this ranking was occupied by Kazakhstan, with a 5.7% share.

What are the largest producers of horsehair in the world?

The countries with the highest volumes of horsehair production in 2020 were Kazakhstan, Uzbekistan and Belgium, together accounting for 34% of global production. These countries were followed by Turkmenistan, Mali, Iran, Afghanistan, Turkey, the U.S., Pakistan, Peru, Germany and Kyrgyzstan, which together accounted for a further 53%.

What are the leading suppliers of horsehair to Bangladesh?

In value terms, Hong Kong SAR constituted the largest supplier of horsehair to Bangladesh, comprising 73% of total imports. The second position in the ranking was occupied by China, with a 27% share of total imports.

What is the average export price for horsehair in Bangladesh?

In 2020, the average horsehair export price amounted to $2,772 per ton, dropping by -37.3% against the previous year.

What is the average import price for horsehair in Bangladesh?

In 2015, the average horsehair import price amounted to $38,545 per ton, dropping by -33.3% against the previous year.

This report provides an in-depth analysis of the horsehair 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:

FCL 1030 - Fine goat hair
FCL 1031 - Coarse goat hair
FCL 1100 - Hair of horses
FCL 1218 - Hair, fine
FCL 1219 - Hair, coarse nes

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023