Bangladesh: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Bangladesh

The Bangladeshi market for medicaments of alkaloids or derivatives thereof reached $X in 2021, surging by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Bangladesh

In value terms, production of medicaments of alkaloids or derivatives thereof totaled $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Production of peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Bangladesh

For the fourth consecutive year, Bangladesh recorded decline in shipments abroad of medicaments of alkaloids or derivatives thereof, which decreased by -X% to X tons in 2021. Over the period under review, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of medicaments of alkaloids or derivatives thereof declined to $X in 2021. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons), Myanmar (X tons) and Afghanistan (X tons) were the main destinations of exports of medicaments of alkaloids or derivatives thereof from Bangladesh, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of -X%), while shipments for the other leaders experienced a decline.

In value terms, Panama ($X) remains the key foreign market for medicaments of alkaloids or derivatives thereof exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Panama amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (-X% per year) and Vietnam (-X% per year).

Export Prices by Country

In 2021, the average export price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, dropping by -X% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for medicaments of alkaloids or derivatives thereof decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Panama ($X per ton), while the average price for exports to Myanmar ($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 Afghanistan (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Bangladesh

For the fifth year in a row, Bangladesh recorded decline in overseas purchases of medicaments of alkaloids or derivatives thereof, which decreased by -X% to X tons in 2021. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof dropped to $X in 2021. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Hungary (X tons), Spain (X tons) and South Korea (X kg) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Bangladesh, with a combined X% share of total imports. These countries were followed by Singapore and the UK, which together accounted for a further X 2012 to 2021, the biggest increases were in Singapore (with a CAGR of +X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest medicaments of alkaloids or derivatives thereof suppliers to Bangladesh were Spain ($X), Hungary ($X) and Singapore ($X), with a combined X% share of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, rising by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for the UK ($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 (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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