Report Update Nov 1, 2024

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

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Bangladesh: Polyurethanes Market 2024

Polyurethanes Market Size in Bangladesh

For the sixth year in a row, the Bangladeshi polyurethanes market recorded growth in sales value, which increased by 105% to $X in 2021. Over the period under review, consumption continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Polyurethanes Exports

Exports from Bangladesh

Polyurethanes exports from Bangladesh surged to X kg in 2021, increasing by 15% on the previous year's figure. Overall, exports, however, continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, polyurethanes exports dropped slightly to $X in 2021. In general, exports, however, showed a sharp decline. The smallest decline of -4.4% was in 2020. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

France (X kg) was the main destination for polyurethanes exports from Bangladesh, with a approx. 100% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for polyurethanes in primary forms exports from Bangladesh.

From 2014 to 2021, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

The average polyurethanes export price stood at $X per ton in 2021, reducing by -17.1% against the previous year. Overall, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, 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 France.

From 2014 to 2021, the rate of growth in terms of prices for Sri Lanka amounted to 0.0% per year.

Polyurethanes Imports

Imports into Bangladesh

For the sixth year in a row, Bangladesh recorded growth in supplies from abroad of polyurethanes in primary forms, which increased by 70% to X tons in 2021. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyurethanes imports soared to $X in 2021. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the Netherlands (X tons) and India (X tons) were the main suppliers of polyurethanes imports to Bangladesh, with a combined 84% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +92.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyurethanes suppliers to Bangladesh were the Netherlands ($X), China ($X) and India ($X), together comprising 85% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +93.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polyurethanes import price stood at $X per ton in 2021, rising by 26% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of polyurethanes consumption was China, comprising approx. 22% of total volume. Moreover, polyurethanes consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with an 8.2% share.

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

China constituted the country with the largest volume of polyurethanes production, accounting for 23% of total volume. Moreover, polyurethanes production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Belgium ranked third in terms of total production with an 8.4% share.

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

In value terms, the Netherlands constituted the largest supplier of polyurethanes to Bangladesh, comprising 62% of total imports. The second position in the ranking was occupied by China, with a 15% share of total imports. It was followed by India, with a 7.1% share.

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

The average polyurethanes export price stood at $3,748 per ton in 2020, approximately equating the previous year.

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

In 2021, the average polyurethanes import price amounted to $3,429 per ton, with an increase of 39% against the previous year.

This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, 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