Bangladesh: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Bangladesh

In 2021, the Bangladeshi market for wood chips, particles and residues increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed buoyant growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Wood Chips, Particles And Residues in Bangladesh

In value terms, wood chips, particles and residues production contracted dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X, and then declined notably in the following year.

Exports of Wood Chips, Particles And Residues

Exports from Bangladesh

In 2021, shipments abroad of wood chips, particles and residues decreased by -X% to X kg for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at X kg in 2020, and then reduced remarkably in the following year.

In value terms, wood chips, particles and residues exports fell markedly to $X in 2021. In general, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then declined significantly in the following year.

Exports by Country

The United Arab Emirates (X kg) was the main destination for wood chips, particles and residues exports from Bangladesh, with a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to the United Arab Emirates stood at +X%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for wood chips, particles and residues exports from Bangladesh.

From 2012 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates stood at +X%.

Export Prices by Country

In 2020, the average export price for wood chips, particles and residues amounted to $X per ton, reducing by -X% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2020, the the average export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to -X% per year.

Imports of Wood Chips, Particles And Residues

Imports into Bangladesh

In 2021, after six years of growth, there was significant decline in overseas purchases of wood chips, particles and residues, when their volume decreased by -X% to X kg. Over the period under review, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X kg in 2020, and then dropped notably in the following year.

In value terms, wood chips, particles and residues imports fell notably to $X in 2021. In general, imports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth imports failed to regain momentum.

Imports by Country

In 2020, Germany (X kg) constituted the largest supplier of wood chips, particles and residues to Bangladesh, with a X% share of total imports. Moreover, wood chips, particles and residues imports from Germany exceeded the figures recorded by the second-largest supplier, France (X kg), sevenfold. The third position in this ranking was occupied by Austria (X kg), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Austria (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of wood chips, particles and residues to Bangladesh, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2020, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Austria (+X% per year).

Import Prices by Country

The average import price for wood chips, particles and residues stood at $X per ton in 2020, falling by -X% against the previous year. Over the period under review, the import price, however, saw a slight expansion. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2020, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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