Bangladesh: Cotton Fabric Market 2025

Cotton Fabric Market Size in Bangladesh

In 2021, after two years of decline, there was significant growth in the Bangladeshi cotton fabric market, when its value increased by 46% to $X. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; afterwards, it flattened through to 2021.

Cotton Fabric Exports

Exports from Bangladesh

Cotton fabric exports from Bangladesh skyrocketed to X tons in 2021, picking up by 18% on 2020. Overall, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2019 when exports increased by 68% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, cotton fabric exports soared to $X in 2021. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 58%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for cotton fabric exports from Bangladesh, with a 38% share of total exports. Moreover, cotton fabric exports to India exceeded the volume sent to the second major destination, Morocco (X tons), threefold. The third position in this ranking was held by Kenya (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India totaled +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+93.4% per year) and Kenya (+9.9% per year).

In value terms, India ($X) remains the key foreign market for woven fabrics of cotton exports from Bangladesh, comprising 51% of total exports. The second position in the ranking was held by Morocco ($X), with an 11% share of total exports. It was followed by Sri Lanka, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+77.2% per year) and Sri Lanka (+12.4% per year).

Export Prices by Country

The average cotton fabric export price stood at $X per ton in 2021, with a decrease of -1.6% against the previous year. Over the period under review, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2013 an increase of 42%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Ethiopia ($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 the United States (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Fabric Imports

Imports into Bangladesh

In 2021, overseas purchases of woven fabrics of cotton were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 61% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, cotton fabric imports soared to $X in 2021. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest cotton fabric supplier to Bangladesh, accounting for a 71% share of total imports. Moreover, cotton fabric imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), sevenfold. India (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+21.9% per year) and India (+16.2% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of cotton to Bangladesh, comprising 61% of total imports. The second position in the ranking was taken by India ($X), with a 14% share of total imports. It was followed by Pakistan, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.9% per year) and Pakistan (+21.6% per year).

Import Prices by Country

In 2021, the average cotton fabric import price amounted to $X per ton, increasing by 2.5% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2014 when the average import price increased by 5.8%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Thailand ($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 (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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