Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh - 2022
Contents:
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh (CIF) - 2022
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh (FOB) - 2022
- Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh
- Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh (CIF) - 2022
In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $5,018 per ton, with an increase of 44% against the previous year. Overall, the import price, however, showed a slight curtailment. Over the period under review, average import prices reached the maximum at $8,173 per ton in 2016; however, from 2017 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 ($20,820 per ton), while the price for India ($2,678 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh (FOB) - 2022
In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $5,481 per ton, increasing by 12% against the previous year. In general, the export price posted strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 135%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($12,482 per ton), while the average price for exports to Sweden ($3,779 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 Switzerland (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh
After three years of growth, overseas purchases of felt; whether or not impregnated, coated, covered or laminateds decreased by -8.1% to 643 tons in 2022. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26%.
In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds soared to $3.2M in 2022. In general, imports, however, showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 480 | 765 | 1,389 | 1,945 | 59.4% |
| United Kingdom | 59.9 | 90.1 | 242 | 317 | 74.3% |
| Hong Kong SAR | 121 | 231 | 243 | 206 | 19.4% |
| India | 72.0 | 134 | 122 | 175 | 34.5% |
| Malaysia | 856 | 195 | 17.8 | N/A | -85.6% |
| Others | 116 | 485 | 426 | 582 | 71.2% |
| Total | 1,704 | 1,902 | 2,440 | 3,226 | 23.7% |
Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Bangladesh in 2022:
- China (489.6 tons)
- India (65.4 tons)
- United Kingdom (56.8 tons)
- Hong Kong SAR (16.8 tons)
Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh
In 2022, shipments abroad of felt; whether or not impregnated, coated, covered or laminateds decreased by -28.2% to 270 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of 37%. As a result, the exports reached the peak of 386 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds declined dramatically to $1.5M in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 129%. As a result, the exports reached the peak of $1.8M, and then dropped notably in the following year.
| Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 300 | 436 | 1,640 | 1,368 | 65.8% |
| Germany | N/A | N/A | N/A | 42.9 | 0% |
| Switzerland | 41.5 | 51.7 | 71.2 | 17.9 | -24.4% |
| Russia | 197 | 285 | 101 | N/A | -28.4% |
| Others | 33.8 | 29.7 | 22.6 | 50.2 | 14.1% |
| Total | 572 | 803 | 1,835 | 1,479 | 37.3% |
Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Bangladesh in 2022:
- Australia (254.6 tons)
- Germany (6.6 tons)
- Switzerland (1.4 tons)
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