Bangladesh: Wrapping Papers Market 2025

Wrapping Papers Market Size in Bangladesh

In 2021, the Bangladeshi wrapping papers market increased by 62% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Wrapping Papers Exports

Exports from Bangladesh

Wrapping papers exports from Bangladesh skyrocketed to X tons in 2021, with an increase of 87% on the previous year's figure. Over the period under review, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of 877% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, wrapping papers exports soared to $X in 2021. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 668%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for wrapping papers exports from Bangladesh, accounting for a 83% share of total exports. Moreover, wrapping papers exports to India exceeded the volume sent to the second major destination, Canada (X tons), ninefold. New Zealand (X tons) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India stood at +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+92.4% per year) and New Zealand (+80.3% per year).

In value terms, India ($X) remains the key foreign market for wrapping paper, packaging paper and paperboard exports from Bangladesh, comprising 91% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 2.6% share of total exports. It was followed by Nepal, with a 2% share.

From 2012 to 2021, the average annual growth rate of value to India stood at +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+66.6% per year) and Nepal (+193.6% per year).

Export Prices by Country

In 2021, the average wrapping papers export price amounted to $X per ton, picking up by 1.7% against the previous year. Over the period under review, the export price, however, continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Canada ($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 Sudan (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Bangladesh

In 2021, purchases abroad of wrapping paper, packaging paper and paperboard increased by 25% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, showed a noticeable contraction. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, wrapping papers imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), China (X tons) and Hong Kong SAR (X tons) were the main suppliers of wrapping papers imports to Bangladesh, together comprising 58% of total imports. These countries were followed by India, Australia, Vietnam, Saudi Arabia, the United States, Thailand and Indonesia, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +26.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of wrapping paper, packaging paper and paperboard to Bangladesh, comprising 41% of total imports. The second position in the ranking was held by South Korea ($X), with a 19% share of total imports. It was followed by India, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-9.0% per year) and India (+13.4% per year).

Import Prices by Country

The average wrapping papers import price stood at $X per ton in 2021, jumping by 40% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wrapping papers import price increased by +104.7% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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