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Report Bangladesh - Iron or Steel Cans for Food and Drink - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Bangladesh - Iron or Steel Cans for Food and Drink - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Iron or Steel Cans 2024

Market Size for Iron or Steel Cans in Bangladesh

In 2021, after three years of decline, there was significant growth in the Bangladeshi iron or steel can market, when its value increased by 315% to $X. In general, consumption posted strong growth. Iron or steel can consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Iron or Steel Cans

Exports from Bangladesh

In 2021, overseas shipments of iron or steel cans increased by 21% to X units, rising for the sixth consecutive year after three years of decline. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 420% against the previous year. The exports peaked at X units in 2012; afterwards, it flattened through to 2021.

In value terms, iron or steel can exports contracted to $X in 2021. Overall, exports enjoyed measured growth. The growth pace was the most rapid in 2018 with an increase of 588%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for iron or steel can exports from Bangladesh, accounting for a 86% share of total exports. Moreover, iron or steel can exports to China exceeded the volume sent to the second major destination, France (X units), sixfold.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -1.7%.

In value terms, China ($X) remains the key foreign market for iron or steel cans exports from Bangladesh, comprising 98% of total exports. The second position in the ranking was taken by France ($X), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China stood at +3.5%.

Export Prices by Country

The average iron or steel can export price stood at $X per unit in 2021, shrinking by -23% against the previous year. In general, the export price, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to France stood at less than $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.4%).

Imports of Iron or Steel Cans

Imports into Bangladesh

In 2021, overseas purchases of iron or steel cans were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports showed a prominent expansion. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, iron or steel can imports skyrocketed to $X in 2021. In general, imports recorded a resilient increase. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Malaysia (X units) constituted the largest supplier of iron or steel can to Bangladesh, with a 42% share of total imports. Moreover, iron or steel can imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was taken by India (X units), with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia stood at +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.1% per year) and India (+49.4% per year).

In value terms, Malaysia ($X) constituted the largest supplier of iron or steel cans to Bangladesh, comprising 38% of total imports. The second position in the ranking was held by China ($X), with a 6.1% share of total imports. It was followed by India, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Malaysia totaled +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.6% per year) and India (+59.7% per year).

Import Prices by Country

The average iron or steel can import price stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 30%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of iron or steel can consumption was China, accounting for 23% of total volume. Moreover, iron or steel can 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 a 9% share.
China constituted the country with the largest volume of iron or steel can production, accounting for 24% of total volume. Moreover, iron or steel can 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 a 9% share.
In value terms, Malaysia constituted the largest supplier of iron or steel can to Bangladesh, comprising 72% of total imports. The second position in the ranking was occupied by China, with a 12% share of total imports. It was followed by Thailand, with a 6% share.
The average iron or steel can export price stood at $0.4 per unit in 2021, with an increase of 4.2% against the previous year.
The average iron or steel can import price stood at $0.2 per unit in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the market for iron or steel can 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 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
  • Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
  • Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l

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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