Bangladesh: Wood Residues Market 2022

Wood Residues Market Size in Bangladesh

The Bangladeshi wood residues market rose markedly to $X in 2020, growing by X% 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). In general, consumption enjoyed resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Wood residues consumption peaked in 2020 and is likely to see gradual growth in the immediate term.

Wood Residues Exports

Exports from Bangladesh

In 2020, approx. X cubic meters of wood residues were exported from Bangladesh; with an increase of X% on 2019 figures. Overall, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, exports attained the peak of X cubic meters. from 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, wood residues exports soared to $X in 2020. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

Exports by Country

Germany (X cubic meters), Ukraine (X cubic meters) and Austria (X cubic meters) were the main destinations of wood residues exports from Bangladesh, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Ukraine, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood residues exported from Bangladesh were Germany ($X), Belgium ($X) and Ukraine ($X), together accounting for X% of total exports. Canada, the Netherlands, Austria, Poland, France, the Czech Republic, Croatia, Belarus, Madagascar and Mauritius lagged somewhat behind, together comprising a further X the main countries of destination, Belarus (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wood residues export price amounted to $X per cubic meter, surging by X% against the previous year. In general, the export price saw significant growth. The growth pace was the most rapid in 2012 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to Mauritius ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Bangladesh

In 2020, approx. X cubic meters of wood residues were imported into Bangladesh; growing by X% on the previous year. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, wood residues imports amounted to $X in 2020. Over the period under review, total imports indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2017 to 2020, the growth imports remained at a lower figure.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Bangladesh, with a combined X% share of total imports. Germany, Italy, Norway, Canada, the Netherlands, Sweden, the U.S., Poland, Finland and Lithuania lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood residues suppliers to Bangladesh were France ($X), Austria ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by Belgium, the U.S., Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Finland, which together accounted for a further X the main suppliers, Norway recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood residues import price stood at $X per cubic meter in 2020, which is down by -X% against the previous year. Overall, the import price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. As a result, import price reached the peak level of $X per cubic meter. from 2015 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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