Price for Monumental or Building Stone, Other than Granite and Sandstone in Bangladesh - 2022
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Bangladesh (CIF) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Bangladesh
Price for Monumental or Building Stone, Other than Granite and Sandstone in Bangladesh (CIF) - 2022
The average import price for monumental or building stone, other than granite and sandstone stood at $212 per ton in 2022, rising by 40% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 75% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -0.2% per year.
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Bangladesh
For the third year in a row, Bangladesh recorded decline in supplies from abroad of monumental or building stone, other than granite and sandstone, which decreased by -39.9% to 170K tons in 2022. Over the period under review, imports recorded a precipitous contraction. The smallest decline of -0.7% was in 2020.
In value terms, imports of monumental or building stone, other than granite and sandstone declined significantly to $36M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $43M, and then contracted notably in the following year.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.0 | 36.0 | 24.3 | 29.8 | 31.9% |
| Others | 20.7 | 0.6 | 18.5 | 6.3 | -32.7% |
| Total | 33.7 | 36.5 | 42.8 | 36.1 | 2.3% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Bangladesh in 2022:
- India (283.6K tons)
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