Report Update Nov 1, 2024

Bangladesh - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Silicates Market 2024

Silicates Market Size in Bangladesh

The Bangladeshi silicates market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption enjoyed buoyant growth. Silicates consumption peaked in 2021 and is expected to retain growth in years to come.

Silicates Exports

Exports from Bangladesh

In 2020, overseas shipments of silicates, commercial alkali metal silicates decreased by 0% to X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports enjoyed a perceptible increase. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs in 2020 and are likely to continue growth in the immediate term.

In value terms, silicates exports stood at $X in 2020. In general, exports saw a abrupt slump. The smallest decline of 99.9% was in 2018. The exports peaked at $X in 2013; however, from 2014 to 2020, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for silicates exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2013 to 2020, the average annual growth rate of volume to India was relatively modest.

From 2013 to 2020, the average annual growth rate of value to India was relatively modest.

Export Prices by Country

In 2020, the average silicates export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2018 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2020, the export prices remained at a lower figure.

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

From 2013 to 2020, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.

Silicates Imports

Imports into Bangladesh

In 2021, after three years of decline, there was significant growth in supplies from abroad of silicates, commercial alkali metal silicates, when their volume increased by 35% to X tons. Over the period under review, imports posted prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 84%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, silicates imports soared to $X in 2021. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Thailand (X tons) were the main suppliers of silicates imports to Bangladesh, with a combined 75% share of total imports. These countries were followed by Taiwan (Chinese), Pakistan, Vietnam and South Korea, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +46.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest silicates suppliers to Bangladesh were Thailand ($X), Taiwan (Chinese) ($X) and India ($X), together comprising 76% of total imports.

Thailand, with a CAGR of +56.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average silicates import price amounted to $X per ton, rising by 26% against the previous year. In general, the import price continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 82%. The import price peaked in 2021 and is likely to see steady growth in years to come.

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 Taiwan (Chinese) ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+12.1%), 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 silicates, commercial alkali metal silicates in the world?

The countries with the highest volumes of silicates consumption in 2021 were China, the United States and India, with a combined 45% share of global consumption.

What are the largest producers of silicates, commercial alkali metal silicates in the world?

China remains the largest silicates producing country worldwide, comprising approx. 27% of total volume. Moreover, silicates production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.7% share.

What are the leading suppliers of silicates, commercial alkali metal silicates to Bangladesh?

In value terms, the largest silicates suppliers to Bangladesh were Taiwan Chinese), China and Thailand, with a combined 80% share of total imports. These countries were followed by India and Pakistan, which together accounted for a further 14%.

What is the average export price for silicates, commercial alkali metal silicates in Bangladesh?

In 2020, the average silicates export price amounted to $956 per ton, stabilizing at the previous year.

What is the average import price for silicates, commercial alkali metal silicates in Bangladesh?

The average silicates import price stood at $713 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the silicates 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 20136240 - Silicates, commercial alkali metal silicates

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