Report Update Nov 1, 2024

Bangladesh - Safety Fuses, Detonating Fuses and Electric Detonators - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Fuse And Detonator Market 2024

Fuse And Detonator Market Size in Bangladesh

In 2021, the Bangladeshi fuse and detonator market increased by 95% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a abrupt decline. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Fuse And Detonator Exports

Exports from Bangladesh

In 2012, exports of safety fuses, detonating fuses and electric detonators from Bangladesh was estimated at X kg, standing approx. at the previous year's figure. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2012 and are expected to retain growth in the immediate term.

In value terms, fuse and detonator exports amounted to $X in 2012. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2012 and are likely to see gradual growth in years to come.

Exports by Country

The United Arab Emirates (X kg) was the main destination for fuse and detonator exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2012, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2012 to 2012, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Fuse And Detonator Imports

Imports into Bangladesh

After two years of decline, overseas purchases of safety fuses, detonating fuses and electric detonators increased by 102% to X tons in 2021. In general, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by 314% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fuse and detonator imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 1,552%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and the United States (X tons) were the main suppliers of fuse and detonator imports to Bangladesh, together comprising 100% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +18.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of safety fuses, detonating fuses and electric detonators to Bangladesh, comprising 66% of total imports. The second position in the ranking was taken by India ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +31.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-8.5% per year) and the United States (-11.4% per year).

Import Prices by Country

The average fuse and detonator import price stood at $X per ton in 2021, dropping by -19.1% against the previous year. In general, the import price, however, showed notable growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 299% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safety fuses, detonating fuses and electric detonators in the world?

China constituted the country with the largest volume of fuse and detonator consumption, accounting for 23% of total volume. Moreover, fuse and detonator 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 a 6.9% share.

What are the largest producers of safety fuses, detonating fuses and electric detonators in the world?

The country with the largest volume of fuse and detonator production was China, accounting for 24% of total volume. Moreover, fuse and detonator production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7% share.

What are the leading suppliers of safety fuses, detonating fuses and electric detonators to Bangladesh?

In value terms, China constituted the largest supplier of fuse and detonator to Bangladesh, comprising 61% of total imports. The second position in the ranking was occupied by India, with a 15% share of total imports. It was followed by Spain, with a 14% share.

What is the average export price for safety fuses, detonating fuses and electric detonators in Bangladesh?

The average fuse and detonator export price stood at $4,297 per ton in 2012, remaining constant against the previous year.

What is the average import price for safety fuses, detonating fuses and electric detonators in Bangladesh?

The average fuse and detonator import price stood at $14,071 per ton in 2020, picking up by 19% against the previous year.

This report provides an in-depth analysis of the fuse and detonator 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 20511250 - Safety fuses, detonating fuses
Prodcom 20511270 - Percussion or detonating caps, igniters and electric detonators

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