Bangladesh: Market for Uncoated Wood Free Printing and Writing Papers 2024

Market Size for Uncoated Wood Free Printing and Writing Papers in Bangladesh

In 2021, the Bangladeshi market for uncoated wood free printing and writing papers increased by 52% to $X, rising for the third year in a row after three years of decline. Overall, consumption posted prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Uncoated Wood Free Printing and Writing Papers

Exports from Bangladesh

In 2021, overseas shipments of uncoated wood free printing and writing papers decreased by -48.9% to X tons, falling for the second year in a row after five years of growth. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 166%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of uncoated wood free printing and writing papers shrank rapidly to $X in 2021. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 192%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for exports of uncoated wood free printing and writing papers from Bangladesh, with a 65% share of total exports. Moreover, exports of uncoated wood free printing and writing papers to India exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fivefold. Nepal (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India amounted to +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+29.0% per year) and Nepal (+28.4% per year).

In value terms, India ($X) remains the key foreign market for uncoated wood free printing and writing papers exports from Bangladesh, comprising 58% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 10% share of total exports. It was followed by Nepal, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India amounted to +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+25.8% per year) and Nepal (+30.9% per year).

Export Prices by Country

In 2021, the average export price for uncoated wood free printing and writing papers amounted to $X per ton, picking up by 24% against the previous year. Overall, the export price, however, showed a drastic downturn. 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 noticeably for the major foreign markets. In 2021, the highest price was recorded for prices to Sri Lanka ($X per ton) and Nepal ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncoated Wood Free Printing and Writing Papers

Imports into Bangladesh

For the fourth year in a row, Bangladesh recorded growth in purchases abroad of uncoated wood free printing and writing papers, which increased by 27% to X tons in 2021. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 41%. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of uncoated wood free printing and writing papers surged to $X in 2021. Over the period under review, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons), Indonesia (X tons) and the UK (X tons) were the main suppliers of imports of uncoated wood free printing and writing papers to Bangladesh, with a combined 38% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +58.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of uncoated wood free printing and writing papers to Bangladesh, comprising 35% of total imports. The second position in the ranking was held by China ($X), with a 7.7% share of total imports. It was followed by Indonesia, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from Brazil totaled +51.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+35.4% per year) and Indonesia (+2.6% per year).

Import Prices by Country

The average import price for uncoated wood free printing and writing papers stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the period under review, the import price, however, continues to indicate a slight descent. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Indonesia ($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) (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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