Report Update Nov 1, 2024

Bangladesh - Porcelain Ceramic Wares for Laboratory, Technical, and Chemical Use - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Porcelain Technical Ware Market 2024

Porcelain Technical Ware Market Size in Bangladesh

In 2022, the Bangladeshi porcelain technical ware market increased by 11% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed significant growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Porcelain Technical Ware Exports

Exports from Bangladesh

In 2021, porcelain technical ware exports from Bangladesh fell to X kg, dropping by -7.7% compared with 2020 figures. In general, exports showed a sharp downturn. The pace of growth was the most pronounced in 2016 with an increase of 31% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, porcelain technical ware exports stood at $X in 2021. Over the period under review, exports saw a abrupt setback. The growth pace was the most rapid in 2016 when exports increased by 200%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X kg) was the main destination for porcelain technical ware exports from Bangladesh, with a 97% share of total exports. It was followed by Sweden (X kg), with a 2.8% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for porcelain ceramic wares for laboratory, technical, and chemical use exports from Bangladesh, comprising 98% of total exports. The second position in the ranking was held by Sweden ($X), with a 2.5% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest.

Export Prices by Country

The average porcelain technical ware export price stood at $X per ton in 2021, surging by 9.1% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 130% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Sweden amounted to $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-3.7%).

Porcelain Technical Ware Imports

Imports into Bangladesh

In 2022, overseas purchases of porcelain ceramic wares for laboratory, technical, and chemical use increased by 12% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 2,600% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, porcelain technical ware imports totaled $X in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 873% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of porcelain technical ware to Bangladesh, with a 100% share of total imports. It was followed by India (X kg), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +57.5%.

In value terms, China ($X) constituted the largest supplier of porcelain ceramic wares for laboratory, technical, and chemical use to Bangladesh, comprising 91% of total imports. The second position in the ranking was held by India ($X), with a 0.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +42.8%.

Import Prices by Country

In 2022, the average porcelain technical ware import price amounted to $X per ton, reducing by -5.3% against the previous year. Overall, the import price showed a deep reduction. The growth pace was the most rapid in 2020 when the average import price increased by 111%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for porcelain ceramic wares for laboratory, technical, and chemical use in the world?

The country with the largest volume of porcelain technical ware consumption was Aruba, accounting for 56% of total volume. Moreover, porcelain technical ware consumption in Aruba exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was occupied by the United States, with a 7.7% share.

What are the largest producers of porcelain ceramic wares for laboratory, technical, and chemical use in the world?

China constituted the country with the largest volume of porcelain technical ware production, accounting for 36% of total volume. Moreover, porcelain technical ware production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Indonesia, with a 9.3% share.

What are the leading suppliers of porcelain ceramic wares for laboratory, technical, and chemical use to Bangladesh?

In value terms, China constituted the largest supplier of porcelain technical ware to Bangladesh.

What are the leading importers of porcelain ceramic wares for laboratory, technical, and chemical use from Bangladesh?

In value terms, Sweden remains the key foreign market for porcelain technical ware exports from Bangladesh.

What is the average export price for porcelain ceramic wares for laboratory, technical, and chemical use in Bangladesh?

The average porcelain technical ware export price stood at $52,545 per ton in 2021, waning by -21.3% against the previous year.

What is the average import price for porcelain ceramic wares for laboratory, technical, and chemical use in Bangladesh?

The average porcelain technical ware import price stood at $897 per ton in 2021, with a decrease of -40.8% against the previous year.

This report provides an in-depth analysis of the porcelain technical ware 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 23441100 - Ceramic wares for laboratory, chemical, technical use, of porcelain or china

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