Report Update Nov 1, 2024

Bangladesh - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Non-Rolled Bitumen Products Market 2024

Non-Rolled Bitumen Products Market Size in Bangladesh

The Bangladeshi non-rolled bitumen products market contracted dramatically to $X in 2022, declining by -27.4% 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). Overall, consumption, however, posted a significant expansion. Over the period under review, the market hit record highs at $X in 2021, and then dropped notably in the following year.

Non-Rolled Bitumen Products Exports

Exports from Bangladesh

In 2019, overseas shipments of non-rolled bitumen products decreased by 0% to X kg for the first time since 2016, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum at X kg in 2016; however, from 2017 to 2019, the exports remained at a lower figure.

In value terms, non-rolled bitumen products exports stood at $X in 2019. In general, exports continue to indicate a precipitous curtailment. The smallest decline of 99.9% was in 2017. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

Exports by Country

Thailand (X kg) was the main destination for non-rolled bitumen products exports from Bangladesh, with a approx. 100% share of total exports.

From 2016 to 2019, the average annual growth rate of volume to Thailand was relatively modest.

From 2016 to 2019, the average annual rate of growth in terms of value to Thailand was relatively modest.

Export Prices by Country

In 2019, the average non-rolled bitumen products export price amounted to $X per ton, standing approx. at the previous year. In general, the export price continues to indicate a significant decline. The most prominent rate of growth was recorded in 2017 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2019, the export prices remained at a lower figure.

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

From 2016 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Non-Rolled Bitumen Products Imports

Imports into Bangladesh

In 2022, non-rolled bitumen products imports into Bangladesh reduced rapidly to X tons, with a decrease of -25.6% against the previous year's figure. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 469%. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, non-rolled bitumen products imports fell notably to $X in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 468% against the previous year. Imports peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of non-rolled bitumen products to Bangladesh, accounting for a 63% share of total imports. Moreover, non-rolled bitumen products imports from India exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fourfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled +33.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+7.4% per year) and the United Arab Emirates (+28.3% per year).

In value terms, India ($X) constituted the largest supplier of non-rolled bitumen products to Bangladesh, comprising 44% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+51.3% per year) and the United Arab Emirates (+29.0% per year).

Import Prices by Country

In 2022, the average non-rolled bitumen products import price amounted to $X per ton, which is down by -3.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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 China ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-rolled bitumen products in the world?

The country with the largest volume of non-rolled bitumen products consumption was the United States, accounting for 42% of total volume. Moreover, non-rolled bitumen products consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. India ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of non-rolled bitumen products in the world?

The United States remains the largest non-rolled bitumen products producing country worldwide, comprising approx. 44% of total volume. Moreover, non-rolled bitumen products production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. India ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of non-rolled bitumen products to Bangladesh?

In value terms, India constituted the largest supplier of non-rolled bitumen products to Bangladesh, comprising 46% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 12% share of total imports. It was followed by Malaysia, with a 10% share.

What is the average export price for non-rolled bitumen products in Bangladesh?

The average non-rolled bitumen products export price stood at $3,000 per ton in 2019, remaining constant against the previous year.

What is the average import price for non-rolled bitumen products in Bangladesh?

The average non-rolled bitumen products import price stood at $942 per ton in 2021, increasing by 7.9% against the previous year.

This report provides an in-depth analysis of the non-rolled bitumen products 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 23991290 - Products based on bitumen (excluding in rolls)

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