Report Update Nov 1, 2024

Bangladesh - Water-Skis, Surfboards and Sailboards - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in Bangladesh

The Bangladeshi water-skis and surfboards market shrank rapidly to $X in 2022, with a decrease of -44.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a remarkable increase. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Water-Skis And Surfboards Exports

Exports from Bangladesh

In 2022, exports of water-skis, surfboards and sailboards from Bangladesh stood at less than X units, stabilizing at 2021 figures. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2019. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, water-skis and surfboards exports totaled $X in 2022. Over the period under review, exports enjoyed significant growth. The smallest decline of -98.8% was in 2021. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Water-Skis And Surfboards Imports

Imports into Bangladesh

In 2022, approx. X units of water-skis, surfboards and sailboards were imported into Bangladesh; which is down by -43.7% compared with 2021. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 698% against the previous year. As a result, imports attained the peak of X units, and then declined significantly in the following year.

In value terms, water-skis and surfboards imports shrank dramatically to $X in 2022. In general, imports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 954% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of water-skis and surfboards to Bangladesh, accounting for a 83% share of total imports. Moreover, water-skis and surfboards imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), ninefold. The third position in this ranking was held by Italy (X units), with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +73.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.3% per year) and Italy (+34.8% per year).

In value terms, China ($X) constituted the largest supplier of water-skis, surfboards and sailboards to Bangladesh, comprising 80% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by Italy, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +73.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.3% per year) and Italy (+48.1% per year).

Import Prices by Country

The average water-skis and surfboards import price stood at $X per unit in 2022, declining by -2.7% against the previous year. In general, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2019 an increase of 59% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and India ($X per unit), while the price for China ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), 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 water-skis, surfboards and sailboards in the world?

China constituted the country with the largest volume of water-skis and surfboards consumption, comprising approx. 29% of total volume. Moreover, water-skis and surfboards 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 an 8.3% share.

What are the largest producers of water-skis, surfboards and sailboards in the world?

China remains the largest water-skis and surfboards producing country worldwide, accounting for 62% of total volume. Moreover, water-skis and surfboards production in China exceeded the figures recorded by the second-largest producer, India, tenfold. The United States ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of water-skis, surfboards and sailboards to Bangladesh?

In value terms, India constituted the largest supplier of water-skis and surfboards to Bangladesh, comprising 47% of total imports. The second position in the ranking was occupied by the United States, with a 22% share of total imports.

What are the leading importers of water-skis, surfboards and sailboards from Bangladesh?

In value terms, Malaysia remains the key foreign market for water-skis and surfboards exports from Bangladesh.

What is the average export price for water-skis, surfboards and sailboards in Bangladesh?

The average water-skis and surfboards export price stood at $3.4 per unit in 2021, stabilizing at the previous year.

What is the average import price for water-skis, surfboards and sailboards in Bangladesh?

In 2021, the average water-skis and surfboards import price amounted to $2.5 per unit, declining by -20.5% against the previous year.

This report provides an in-depth analysis of the water-skis and surfboards 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 32301300 - Water-skis, surfboards, sailboards and other water-sport equipment

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