Bangladesh - Sanitary Ware And Parts Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Sanitary Ware in Bangladesh - 2022
Contents:
- Price for Iron or Steel Sanitary Ware in Bangladesh (CIF) - 2022
- Price for Iron or Steel Sanitary Ware in Bangladesh (FOB) - 2022
- Imports of Iron or Steel Sanitary Ware in Bangladesh
- Exports of Iron or Steel Sanitary Ware in Bangladesh
Price for Iron or Steel Sanitary Ware in Bangladesh (CIF) - 2022
In 2022, the average import price for sanitary ware and parts of iron or steel amounted to $7.3 per unit, reducing by -9.4% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +10.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel sanitary ware import price increased by +32.0% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 108%. The import price peaked at $9 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($13 per unit), while the price for India ($4.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Sanitary Ware in Bangladesh (FOB) - 2022
The average export price for sanitary ware and parts of iron or steel stood at $12 per unit in 2022, waning by -6.9% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel sanitary ware export price increased by +37.5% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 70%. As a result, the export price reached the peak level of $17 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($16 per unit), while the average price for exports to Costa Rica ($7.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+58.9%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel Sanitary Ware in Bangladesh
Iron or steel sanitary ware imports into Bangladesh dropped slightly to 494K units in 2022, shrinking by -2.7% on 2021 figures. Over the period under review, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 5.7%. Over the period under review, imports hit record highs at 552K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, iron or steel sanitary ware imports declined to $3.6M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of $4.1M, and then reduced in the following year.
Import of Iron or Steel Sanitary Ware in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.8 | 2.8 | 3.5 | 3.3 | 5.6% |
Italy | N/A | 0.1 | 0.1 | N/A | 0.0% |
Others | 0.2 | 0.3 | 0.5 | 0.2 | 0.0% |
Total | 3.1 | 3.1 | 4.1 | 3.6 | 5.1% |
Top Suppliers of Iron or Steel Sanitary Ware to Bangladesh in 2022:
- China (471.1K units)
- Italy (7.0K units)
Exports of Iron or Steel Sanitary Ware in Bangladesh
After three years of growth, overseas shipments of sanitary ware and parts of iron or steel decreased by -2.5% to 2.1K units in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,284%. The exports peaked at 2.1K units in 2021, and then reduced modestly in the following year.
In value terms, iron or steel sanitary ware exports declined to $26K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,449%. Over the period under review, the exports hit record highs at $28K in 2021, and then contracted in the following year.
Export of Iron or Steel Sanitary Ware in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | 26.9 | 7.8 | -71.0% |
Switzerland | 0.4 | 2.6 | 0.2 | 5.0 | 132.1% |
Guatemala | N/A | N/A | N/A | 2.9 | 0% |
Peru | N/A | 0.7 | N/A | 2.9 | 103.5% |
Poland | 0.3 | 2.2 | N/A | 2.4 | 100.0% |
Iceland | N/A | 4.2 | 0.2 | 1.2 | -46.5% |
Taiwan (Chinese) | N/A | N/A | N/A | 0.5 | 0% |
Costa Rica | N/A | N/A | N/A | 0.5 | 0% |
Maldives | 0.3 | 1.2 | N/A | 0.2 | -12.6% |
Benin | 0.1 | N/A | N/A | N/A | 0% |
Germany | N/A | 5.2 | N/A | N/A | 0% |
Sri Lanka | N/A | 5.8 | N/A | N/A | 0% |
Others | 0.3 | 1.1 | 0.8 | 2.1 | 91.3% |
Total | 1.5 | 22.9 | 28.2 | 25.5 | 157.1% |
Top Export Markets for Iron or Steel Sanitary Ware from Bangladesh in 2022:
- United States (617.0 units)
- Guatemala (318.0 units)
- Switzerland (314.0 units)
- Poland (201.0 units)
- Peru (191.0 units)
- Iceland (99.0 units)
- Costa Rica (76.0 units)
- Taiwan (Chinese) (40.0 units)
- Maldives (16.0 units)
This report provides an in-depth analysis of the market for iron or steel sanitary ware 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 25991131 - Sanitary ware and parts of sanitary ware of iron or steel
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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