Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh - 2022
Contents:
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh (FOB) - 2022
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh (CIF) - 2022
- Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh
- Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh (FOB) - 2022
In 2022, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $4,649 per ton, increasing by 10% against the previous year. Over the period under review, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($14,001 per ton), while the average price for exports to India ($808 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh (CIF) - 2022
In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $4,466 per ton, which is down by -3.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs at $7,942 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($22,765 per ton), while the price for India ($3,899 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh
Exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses from Bangladesh was estimated at 5.8K tons in 2022, almost unchanged from the previous year. Overall, exports, however, saw a slight downturn. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. As a result, the exports attained the peak of 7.2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded sharply to $27M in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.2 | 13.6 | 14.3 | 14.9 | -2.7% |
| Japan | 3.0 | 3.1 | 3.2 | 3.9 | 9.1% |
| Italy | 1.2 | 1.8 | 1.9 | 1.3 | 2.7% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 1.2 | 128.9% |
| Canada | 1.0 | 1.0 | 0.7 | 1.1 | 3.2% |
| Others | 3.1 | 3.6 | 4.0 | 4.5 | 13.2% |
| Total | 24.5 | 23.1 | 24.2 | 26.9 | 3.2% |
Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Bangladesh in 2022:
- United States (3111.1 tons)
- Japan (1752.1 tons)
- United Kingdom (220.9 tons)
- Canada (204.4 tons)
- Italy (93.5 tons)
Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh
In 2022, the amount of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses imported into Bangladesh skyrocketed to 236 tons, increasing by 68% on the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses surged to $1.1M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 719 | 742 | 537 | 894 | 7.5% |
| India | 17.2 | 16.0 | 11.5 | 44.0 | 36.8% |
| Others | 176 | 150 | 102 | 116 | -13.0% |
| Total | 912 | 908 | 651 | 1,054 | 4.9% |
Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Bangladesh in 2022:
- China (215.2 tons)
- India (11.3 tons)
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