Bangladesh: Sanitary Alluminium Ware Market 2024

Sanitary Alluminium Ware Market Size in Bangladesh

The Bangladeshi sanitary alluminium ware market rose notably to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable decrease. Sanitary alluminium ware consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sanitary Alluminium Ware Production in Bangladesh

In value terms, sanitary alluminium ware production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Sanitary alluminium ware production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sanitary Alluminium Ware Exports

Exports from Bangladesh

In 2022, approx. X tons of sanitary ware and parts of aluminium were exported from Bangladesh; dropping by X% against 2021. In general, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, sanitary alluminium ware exports contracted rapidly to $X in 2022. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Costa Rica (X kg), Austria (X kg) and the UK (X kg) were the main destinations of sanitary alluminium ware exports from Bangladesh, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Costa Rica (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) remains the key foreign market for sanitary ware and parts of aluminium exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and France (X% per year).

Export Prices by Country

The average sanitary alluminium ware export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sanitary Alluminium Ware Imports

Imports into Bangladesh

In 2022, supplies from abroad of sanitary ware and parts of aluminium decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, sanitary alluminium ware imports shrank sharply to $X in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted significantly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of sanitary alluminium ware to Bangladesh, with a X% share of total imports. Moreover, sanitary alluminium ware imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was taken by Thailand (X tons), with an X% share.

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

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of aluminium to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

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

Import Prices by Country

The average sanitary alluminium ware import price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sanitary alluminium ware import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 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 Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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