Bangladesh: Market for Non-PVC Floor, Wall and Ceiling Coverings 2025

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in Bangladesh

The Bangladeshi market for non-PVC floor, wall and ceiling coverings contracted to $X in 2022, shrinking by -13.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed a significant increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports from Bangladesh

In 2022, exports of non-PVC floor, wall and ceiling coverings from Bangladesh skyrocketed to X square meters, surging by 64% against 2021 figures. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 844% against the previous year. As a result, the exports reached the peak of X square meters. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of non-PVC floor, wall and ceiling coverings surged to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 324%. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

India (X square meters) was the main destination for exports of non-PVC floor, wall and ceiling coverings from Bangladesh, accounting for a 64% share of total exports. Moreover, exports of non-PVC floor, wall and ceiling coverings to India exceeded the volume sent to the second major destination, Austria (X square meters), twofold. Luxembourg (X square meters) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+107.4% per year) and Luxembourg (+195.3% per year).

In value terms, India ($X) remains the key foreign market for non-PVC floor, wall and ceiling coverings exports from Bangladesh, comprising 52% of total exports. The second position in the ranking was held by Austria ($X), with a 24% share of total exports. It was followed by Luxembourg, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to India totaled +14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+97.3% per year) and Luxembourg (+95.3% per year).

Export Prices by Country

In 2022, the average export price for non-PVC floor, wall and ceiling coverings amounted to $X per square meter, with a decrease of -13.5% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2014 an increase of 81% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per square meter), while the average price for exports to the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (-5.0%), while the prices for the other major destinations experienced a decline.

Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports into Bangladesh

In 2022, the amount of non-PVC floor, wall and ceiling coverings imported into Bangladesh shrank significantly to X square meters, reducing by -27.3% against 2021. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 3,892%. As a result, imports reached the peak of X square meters. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of non-PVC floor, wall and ceiling coverings declined to $X in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2014 when imports increased by 3,046% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of non-PVC floor, wall and ceiling coverings to Bangladesh, accounting for a 63% share of total imports. Moreover, imports of non-PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, Malaysia (X square meters), threefold. India (X square meters) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +45.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+6.0% per year) and India (+42.8% per year).

In value terms, China ($X) constituted the largest supplier of non-PVC floor, wall and ceiling coverings to Bangladesh, comprising 69% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 9.8% share of total imports. It was followed by Taiwan (Chinese), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +62.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+4.8% per year) and Taiwan (Chinese) (+27.6% per year).

Import Prices by Country

In 2022, the average import price for non-PVC floor, wall and ceiling coverings amounted to $X per square meter, growing by 29% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 an increase of 40%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per square meter), while the price for Malaysia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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