Bangladesh: Photographic Film Market 2024

Photographic Film Market Size in Bangladesh

The Bangladeshi photographic film market skyrocketed to $X in 2021, with an increase of 54% 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 showed a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Photographic Film Exports

Exports from Bangladesh

In 2021, shipments abroad of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed was finally on the rise to reach X square meters after two years of decline. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, photographic film exports surged to $X in 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X square meters), the UK (X square meters) and Seychelles (X square meters) were the main destinations of photographic film exports from Bangladesh, with a combined 6.3% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +21.2%), while the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), the Netherlands ($X) and France ($X) appeared to be the largest markets for photographic film exported from Bangladesh worldwide, with a combined 0.7% share of total exports.

Among the main countries of destination, the UK, with a CAGR of +17.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average photographic film export price amounted to $X per square meter, falling by -75.2% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 227% against the previous year. The export price peaked at $X per square meter in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Seychelles (less than $X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+31.9%), while the prices for the other major destinations experienced mixed trend patterns.

Photographic Film Imports

Imports into Bangladesh

In 2021, the amount of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed imported into Bangladesh soared to X square meters, with an increase of 36% compared with the previous year's figure. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 119%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, photographic film imports surged to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +10.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X square meters) constituted the largest photographic film supplier to Bangladesh, with a 63% share of total imports. Moreover, photographic film imports from China exceeded the figures recorded by the second-largest supplier, Japan (X square meters), fivefold. The third position in this ranking was taken by Hong Kong SAR (X square meters), with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+6.6% per year) and Hong Kong SAR (+27.8% per year).

In value terms, China ($X), Japan ($X) and Belgium ($X) were the largest photographic film suppliers to Bangladesh, with a combined 66% share of total imports. These countries were followed by Singapore, India, Hong Kong SAR, Malaysia and the Netherlands, which together accounted for a further 12%.

Malaysia, with a CAGR of +26.7%, recorded the highest growth rate of the value of imports, among 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 photographic film import price amounted to $X per square meter, surging by 34% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 115% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per square meter), while the price for Hong Kong SAR ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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