Report Update Nov 1, 2024

Bangladesh - Rubber Tubing not Reinforced - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in Bangladesh

In 2021, the Bangladeshi non-reinforced rubber tubing market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Reinforced Rubber Tubing Exports

Exports from Bangladesh

In 2021, overseas shipments of rubber tubing not reinforced increased by 154% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by 1,828%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, non-reinforced rubber tubing exports surged to $X in 2021. Overall, exports, however, continue to indicate a mild contraction. The pace of growth was the most pronounced in 2016 when exports increased by 1,347% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X tons), Malaysia (X tons) and Singapore (X kg) were the main destinations of non-reinforced rubber tubing exports from Bangladesh, together accounting for 99% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +41.0%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for rubber tubing not reinforced exports from Bangladesh, comprising 69% of total exports. The second position in the ranking was held by Malaysia ($X), with a 25% share of total exports. It was followed by India, with a 2.7% share.

From 2012 to 2021, the average annual growth rate of value to Japan amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+20.7% per year) and India (-27.5% per year).

Export Prices by Country

In 2021, the average non-reinforced rubber tubing export price amounted to $X per ton, shrinking by -18.6% against the previous year. In general, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 36%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+32.2%), while the prices for the other major destinations experienced a decline.

Non-Reinforced Rubber Tubing Imports

Imports into Bangladesh

In 2021, purchases abroad of rubber tubing not reinforced was finally on the rise to reach X tons after two years of decline. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 99% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, non-reinforced rubber tubing imports surged to $X in 2021. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X tons), Saudi Arabia (X tons) and China (X tons) were the main suppliers of non-reinforced rubber tubing imports to Bangladesh, together accounting for 66% of total imports. These countries were followed by India, Sri Lanka, the United Arab Emirates, Indonesia and Singapore, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Sri Lanka (with a CAGR of +114.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-reinforced rubber tubing suppliers to Bangladesh were India ($X), China ($X) and Malaysia ($X), together accounting for 62% of total imports. Saudi Arabia, the United Arab Emirates, Indonesia, Sri Lanka and Singapore lagged somewhat behind, together accounting for a further 11%.

The United Arab Emirates, with a CAGR of +95.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-reinforced rubber tubing import price stood at $X per ton in 2021, increasing by 21% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2021.

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 Indonesia ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+9.0%), 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 rubber tubing not reinforced in the world?

China remains the largest non-reinforced rubber tubing consuming country worldwide, accounting for 27% of total volume. Moreover, non-reinforced rubber tubing consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 7% share.

What are the largest producers of rubber tubing not reinforced in the world?

The country with the largest volume of non-reinforced rubber tubing production was China, comprising approx. 32% of total volume. Moreover, non-reinforced rubber tubing production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of rubber tubing not reinforced to Bangladesh?

In value terms, the largest non-reinforced rubber tubing suppliers to Bangladesh were Indonesia, China and Malaysia, with a combined 89% share of total imports. The United Arab Emirates and Sri Lanka lagged somewhat behind, together accounting for a further 3.3%.

What are the leading importers of rubber tubing not reinforced from Bangladesh?

In value terms, Japan remains the key foreign market for non-reinforced rubber tubing exports from Bangladesh, comprising 80% of total exports. The second position in the ranking was occupied by Malaysia, with an 18% share of total exports.

What is the average export price for rubber tubing not reinforced in Bangladesh?

In 2020, the average non-reinforced rubber tubing export price amounted to $3,733 per ton, dropping by -30.1% against the previous year.

What is the average import price for rubber tubing not reinforced in Bangladesh?

In 2020, the average non-reinforced rubber tubing import price amounted to $3,820 per ton, which is down by -3.4% against the previous year.

This report provides an in-depth analysis of the non-reinforced rubber tubing 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 22193030 - Rubber tubing not reinforced

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
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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
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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