Bangladesh: Wadding Market 2025

Wadding Market Size in Bangladesh

The Bangladeshi wadding market fell slightly to $X in 2021, remaining stable against the previous year. Over the period under review, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -10.7% against 2018 indices. Wadding consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Wadding Production in Bangladesh

In value terms, wadding production shrank slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 50% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Wadding Exports

Exports from Bangladesh

In 2021, shipments abroad of wadding decreased by -85% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 126%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, wadding exports reduced remarkably to $X in 2021. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 276%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for wadding exports from Bangladesh, accounting for a 77% share of total exports. Moreover, wadding exports to India exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold. The third position in this ranking was held by Sweden (X kg), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume to India amounted to -15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.6% per year) and Sweden (+134.5% per year).

In value terms, India ($X) emerged as the key foreign market for wadding exports from Bangladesh, comprising 42% of total exports. The second position in the ranking was held by Germany ($X), with a 10% share of total exports. It was followed by Sweden, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value to India amounted to -12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.1% per year) and Sweden (+139.6% per year).

Export Prices by Country

In 2021, the average wadding export price amounted to $X per ton, declining by -26.6% against the previous year. Over the period under review, the export price, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2018 an increase of 76% against the previous year. The export price peaked at $X per ton in 2020, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to India ($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 Poland (+66.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wadding Imports

Imports into Bangladesh

In 2021, approx. X tons of wadding were imported into Bangladesh; increasing by 52% against 2020. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 88%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, wadding imports soared to $X in 2021. In general, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 78%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of wadding to Bangladesh, accounting for a 77% share of total imports. Moreover, wadding imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was held by Pakistan (X tons), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+8.6% per year) and Pakistan (+85.1% per year).

In value terms, China ($X) constituted the largest supplier of wadding to Bangladesh, comprising 64% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with an 8.7% share of total imports. It was followed by Thailand, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+23.1% per year) and Thailand (+7.3% per year).

Import Prices by Country

In 2021, the average wadding import price amounted to $X per ton, with a decrease of -9.6% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2019 when the average import price increased by 18%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform