Report Update Nov 1, 2024

Bangladesh - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Bangladesh

The Bangladeshi market for ready-mixed concrete and factory made mortars contracted significantly to $X in 2022, with a decrease of X% 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). Over the period under review, consumption, however, continues to indicate a strong increase. Consumption of peaked at $X in 2021, and then shrank significantly in the following year.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Bangladesh

After two years of decline, overseas shipments of ready-mixed concrete and factory made mortars decreased by X% to X tons in 2021. In general, exports posted significant growth. The smallest decline of X% was in 2019. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, exports of ready-mixed concrete and factory made mortars amounted to $X in 2021. Over the period under review, exports continue to indicate significant growth. The smallest decline of X% was in 2019. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Nepal (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Bangladesh, with a approx. X% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Nepal was relatively modest.

From 2015 to 2021, the average annual rate of growth in terms of value to Nepal was relatively modest.

Export Prices by Country

The average export price for ready-mixed concrete and factory made mortars stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2019 when the average export price decreased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2015 to 2021, the rate of growth in terms of prices for Nepal amounted to X% per year.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Bangladesh

In 2022, the amount of ready-mixed concrete and factory made mortars imported into Bangladesh reduced rapidly to X tons, with a decrease of X% compared with the year before. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of reached the peak figure at X tons in 2021, and then declined remarkably in the following year.

In value terms, imports of ready-mixed concrete and factory made mortars declined notably to $X in 2022. Overall, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined sharply in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest ready-mixed concrete and factory made mortar supplier to Bangladesh, with a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from India exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United Arab Emirates (X% per year).

In value terms, India ($X) constituted the largest supplier of ready-mixed concrete and factory made mortars to Bangladesh, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average import price for ready-mixed concrete and factory made mortars stood at $X per ton in 2022, leveling off at the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), 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 ready-mixed concrete and factory made mortars in the world?

China remains the largest ready-mixed concrete and factory made mortar consuming country worldwide, accounting for 27% of total volume. Moreover, consumption of ready-mixed concrete and factory made mortars in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Brazil, with a 5.2% share.

What are the largest producers of ready-mixed concrete and factory made mortars in the world?

China remains the largest ready-mixed concrete and factory made mortar producing country worldwide, comprising approx. 27% of total volume. Moreover, production of ready-mixed concrete and factory made mortars in China exceeded the figures recorded by the second-largest producer, India, twofold. Brazil ranked third in terms of total production with a 5.2% share.

What are the leading suppliers of ready-mixed concrete and factory made mortars to Bangladesh?

In value terms, the largest ready-mixed concrete and factory made mortar suppliers to Bangladesh were India, the United Arab Emirates and Russia, together accounting for 72% of total imports.

What is the average export price for ready-mixed concrete and factory made mortars in Bangladesh?

The average export price for ready-mixed concrete and factory made mortars stood at $984 per ton in 2018, approximately mirroring the previous year.

What is the average import price for ready-mixed concrete and factory made mortars in Bangladesh?

The average import price for ready-mixed concrete and factory made mortars stood at $290 per ton in 2020, increasing by 6% against the previous year.

This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar 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 23631000 - Ready-mixed concrete
Prodcom 23641000 - Factory made mortars

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