Report Update Nov 1, 2024

Bangladesh - Marble Building Stone - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Marble Building Stone Market 2024

Marble Building Stone Market Size in Bangladesh

In 2021, the Bangladeshi marble building stone market increased by 113% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, showed a pronounced descent. Marble building stone consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Marble Building Stone Exports

Exports from Bangladesh

In 2021, shipments abroad of marble building stone decreased by -34.8% to X tons, falling for the second consecutive year after five years of growth. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 889%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble building stone exports contracted rapidly to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 957% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for marble building stone exports from Bangladesh, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Qatar totaled +46.1%.

In value terms, Qatar ($X) also remains the key foreign market for marble building stone exports from Bangladesh.

From 2012 to 2021, the average annual rate of growth in terms of value to Qatar totaled +33.7%.

Export Prices by Country

The average marble building stone export price stood at $X per ton in 2021, dropping by -14% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 38% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to -8.5% per year.

Marble Building Stone Imports

Imports into Bangladesh

In 2021, after five years of decline, there was significant growth in purchases abroad of marble building stone, when their volume increased by 8.1% to X tons. Over the period under review, imports, however, recorded a perceptible setback. The growth pace was the most rapid in 2014 when imports increased by 214% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, marble building stone imports amounted to $X in 2021. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 749%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and Greece (X tons) were the main suppliers of marble building stone imports to Bangladesh, together comprising 50% of total imports.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +20.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Greece ($X) appeared to be the largest marble building stone suppliers to Bangladesh, with a combined 62% share of total imports.

Italy, with a CAGR of +47.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 building stone import price amounted to $X per ton, remaining stable against the previous year. In general, the import price, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2014 an increase of 171% against the previous year. The import price peaked at $X per ton in 2020, and then fell modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble building stone in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, with a combined 39% share of global consumption. Turkey, Saudi Arabia, India, Spain, Pakistan, Brazil, Indonesia, Israel, Mexico and France lagged somewhat behind, together comprising a further 36%.

What are the largest producers of marble building stone in the world?

The countries with the highest volumes of in 2021 were Turkey, China and Italy, together comprising 58% of global production. These countries were followed by India, the United States, Spain, Egypt, Pakistan, Brazil, Indonesia, Mexico and Iran, which together accounted for a further 29%.

What are the leading suppliers of marble building stone to Bangladesh?

In value terms, China constituted the largest supplier of marble building stone to Bangladesh, comprising 68% of total imports. The second position in the ranking was occupied by Italy, with a 19% share of total imports. It was followed by Greece, with an 8.5% share.

What are the leading importers of marble building stone from Bangladesh?

In value terms, the largest markets for marble building stone exported from Bangladesh were Kuwait, Switzerland and Germany, together comprising 93% of total exports. These countries were followed by the United Arab Emirates, which accounted for a further 6.6%.

What is the average export price for marble building stone in Bangladesh?

The average marble building stone export price stood at $763 per ton in 2021, falling by -14.5% against the previous year.

What is the average import price for marble building stone in Bangladesh?

The average marble building stone import price stood at $1,919 per ton in 2021, shrinking by -17.7% against the previous year.

This report provides an in-depth analysis of the marble building stone 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 23701100 - Worked monumental/building stone and articles thereof, in marble, travertine and alabaster excluding tiles, cubes/similar articles, largest surface < 7 cm., setts, kerbstones, flagstones

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