Report Update Nov 1, 2024

Bangladesh - Polyacetals in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Polyacetals Market 2024

Polyacetals Market Size in Bangladesh

In 2021, after three years of decline, there was significant growth in the Bangladeshi polyacetals market, when its value increased by 14% to $X. Over the period under review, consumption saw a prominent expansion. Polyacetals consumption peaked in 2021 and is expected to retain growth in the near future.

Polyacetals Exports

Exports from Bangladesh

In 2021, polyacetals exports from Bangladesh surged to X tons, rising by 54% on the year before. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 673%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, polyacetals exports soared to $X in 2021. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 650% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

Malaysia (X tons) was the main destination for polyacetals exports from Bangladesh, with a 74% share of total exports. Moreover, polyacetals exports to Malaysia exceeded the volume sent to the second major destination, India (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia amounted to +86.7%.

In value terms, Malaysia ($X) remains the key foreign market for polyacetals in primary forms exports from Bangladesh, comprising 81% of total exports. The second position in the ranking was held by India ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia stood at +69.4%.

Export Prices by Country

In 2021, the average polyacetals export price amounted to $X per ton, growing by 9.7% against the previous year. In general, the export price, however, showed a mild contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 56% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to India amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+12.6%).

Polyacetals Imports

Imports into Bangladesh

In 2021, overseas purchases of polyacetals in primary forms increased by 17% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 74%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, polyacetals imports expanded rapidly to $X in 2021. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

South Korea (X tons), Thailand (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of polyacetals imports to Bangladesh, together accounting for 59% of total imports. Malaysia, China, Hong Kong SAR, India and Singapore lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +44.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyacetals suppliers to Bangladesh were South Korea ($X), Taiwan (Chinese) ($X) and Thailand ($X), together accounting for 57% of total imports. These countries were followed by Malaysia, China, Hong Kong SAR, India and Singapore, which together accounted for a further 14%.

China, with a CAGR of +42.3%, saw 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 polyacetals import price amounted to $X per ton, waning by -2.3% against the previous year. Overall, the import price showed a noticeable slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 19%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyacetals in primary forms in the world?

The countries with the highest volumes of polyacetals consumption in 2020 were China, the United States and Germany, with a combined 46% share of global consumption. Japan, Taiwan Chinese), Brazil, Mexico, India, South Korea, the UK, the Netherlands and Italy lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of polyacetals in primary forms in the world?

The countries with the highest volumes of polyacetals production in 2020 were the United States, Germany and South Korea, together accounting for 46% of global production. These countries were followed by Malaysia, Japan, the Netherlands, China, Thailand, Taiwan Chinese), Saudi Arabia, Brazil, the UK and Belgium, which together accounted for a further 44%.

What are the leading suppliers of polyacetals in primary forms to Bangladesh?

In value terms, the largest polyacetals suppliers to Bangladesh were South Korea, Thailand and Taiwan Chinese), with a combined 65% share of total imports.

What are the leading importers of polyacetals in primary forms from Bangladesh?

In value terms, India remains the key foreign market for polyacetals exports from Bangladesh.

What is the average export price for polyacetals in primary forms in Bangladesh?

In 2020, the average polyacetals export price amounted to $348 per ton, shrinking by -38.1% against the previous year.

What is the average import price for polyacetals in primary forms in Bangladesh?

In 2020, the average polyacetals import price amounted to $1,435 per ton, falling by -17.5% against the previous year.

This report provides an in-depth analysis of the polyacetals 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 20164013 - Polyacetals, in primary forms

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