Bangladesh - Surgical Gloves - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bangladesh - Surgical Gloves - Market Analysis, Forecast, Size, Trends and Insights

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Surgical Glove Price in Bangladesh - 2022

Contents:

  1. Surgical Glove Price in Bangladesh (CIF) - 2022
  2. Surgical Glove Price in Bangladesh (FOB) - 2022
  3. Surgical Glove Imports in Bangladesh
  4. Surgical Glove Exports in Bangladesh

Surgical Glove Price in Bangladesh (CIF) - 2022

In 2022, the average surgical glove import price amounted to $80 per thousand pairs, dropping by -17.7% against the previous year. In general, the import price, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 62% against the previous year. As a result, import price reached the peak level of $97 per thousand pairs, and then shrank remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Sri Lanka.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +11.4% per year.

Surgical Glove Price in Bangladesh (FOB) - 2022

The average surgical glove export price stood at $0.1 per pair in 2022, dropping by -3.6% against the previous year. Overall, the export price showed a noticeable curtailment. The growth pace was the most rapid in 2016 an increase of 23% against the previous year. The export price peaked at $0.1 per pair in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($0.1 per pair), while the average price for exports to Finland ($0.1 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-4.1%), while the prices for the other major destinations experienced a decline.

Surgical Glove Imports in Bangladesh

In 2022, approx. 95M pairs of surgical gloves were imported into Bangladesh; surging by 1.8% against 2021 figures. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 30%. As a result, imports reached the peak of 102M pairs. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, surgical glove imports shrank remarkably to $7.5M in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 50%. Imports peaked at $9M in 2021, and then dropped remarkably in the following year.

Import of Surgical Glove in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka0.10.10.37.5321.7%
Thailand0.10.3N/AN/A200.0%
China0.10.40.2N/A41.4%
Malaysia2.94.03.3N/A6.7%
India0.71.11.8N/A60.4%
Others0.20.13.4N/A312.3%
Total4.16.19.07.522.3%

Top Suppliers of Surgical Glove to Bangladesh in 2022:

  1. Sri Lanka (94.6M pairs)

Surgical Glove Exports in Bangladesh

In 2022, surgical glove exports from Bangladesh surged to 1.1M pairs, rising by 19% against 2021. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 117%. As a result, the exports attained the peak of 1.2M pairs. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, surgical glove exports soared to $69K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 71%. As a result, the exports attained the peak of $78K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Surgical Glove in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway28.020.631.036.39.0%
Finland16.622.126.731.223.4%
Estonia1.32.70.11.913.5%
IndiaN/A32.7N/AN/A0%
OthersN/A0.32.6N/A766.7%
Total45.978.460.369.414.8%

Top Export Markets for Surgical Glove from Bangladesh in 2022:

  1. Finland (616.2K pairs)
  2. Norway (419.3K pairs)
  3. Estonia (27.9K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the surgical glove 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 22196000 - Articles of apparel and clothing accessories (including gloves, m ittens and mitts), for all purposes, of vulcanised rubber other than hard rubber

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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