Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh - 2022
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $8,478 per ton in 2022, picking up by 64% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +88.7% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($21,005 per ton), while the price for China ($5,447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $5,555 per ton in 2022, which is down by -4.4% against the previous year. Overall, the export price, however, posted slight growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 50%. The export price peaked at $5,808 per ton in 2021, and then contracted modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($5,781 per ton), while the average price for exports to India stood at $2,960 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.3%).
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh
In 2022, the amount of wadding; other articles thereof, other than of cotton or man-made fibreses imported into Bangladesh fell significantly to 68 tons, with a decrease of -43.3% compared with the previous year's figure. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 104%. As a result, imports attained the peak of 120 tons, and then fell markedly in the following year.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses fell to $575K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of $617K, and then dropped in the following year.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 144 | 186 | 148 | 199 | 11.4% |
| Pakistan | 169 | 113 | 372 | 157 | -2.4% |
| Italy | N/A | N/A | 15.4 | 117 | 659.7% |
| China | 131 | 9.9 | 45.8 | 62.5 | -21.9% |
| Others | 36.8 | 56.7 | 35.4 | 38.9 | 1.9% |
| Total | 481 | 365 | 617 | 575 | 6.1% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Bangladesh in 2022:
- Thailand (25.9 tons)
- Pakistan (23.5 tons)
- China (11.5 tons)
- Italy (5.6 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh
In 2022, exports of wadding; other articles thereof, other than of cotton or man-made fibreses from Bangladesh soared to 39 tons, picking up by 1,093% compared with the previous year. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses skyrocketed to $215K in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 28.9 | 14.3 | 17.9 | 206 | 92.5% |
| India | 3.4 | 0.7 | 0.9 | 9.2 | 39.3% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 32.6 | 15.0 | 18.8 | 215 | 87.5% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Bangladesh in 2022:
- Vietnam (35.6 tons)
- India (3.1 tons)
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