Price for Wigs; Complete, of Synthetic Textile Materials in Bangladesh - 2022

Contents:

1. Price for Wigs; Complete, of Synthetic Textile Materials in Bangladesh (FOB) - 2022
2. Price for Wigs; Complete, of Synthetic Textile Materials in Bangladesh (CIF) - 2022
3. Exports of Wigs; Complete, of Synthetic Textile Materials in Bangladesh
4. Imports of Wigs; Complete, of Synthetic Textile Materials in Bangladesh

Price for Wigs; Complete, of Synthetic Textile Materials in Bangladesh (FOB) - 2022

In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $97 per unit, surging by 39% against the previous year. In general, the export price showed strong growth. The growth pace was the most rapid in 2013 an increase of 89% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($115 per unit), while the average price for exports to China ($4 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 South Africa (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wigs; Complete, of Synthetic Textile Materials in Bangladesh (CIF) - 2022

The average import price for wigs; complete, of synthetic textile materialses stood at $24 per unit in 2022, rising by 62% against the previous year. In general, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 207%. Over the period under review, average import prices reached the peak figure at $25 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 the United States ($124 per unit), while the price for China amounted to $23 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wigs; Complete, of Synthetic Textile Materials in Bangladesh

After three years of growth, overseas shipments of wigs; complete, of synthetic textile materialses decreased by -7.6% to 406K units in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of 439K units, and then contracted in the following year.

In value terms, exports of wigs; complete, of synthetic textile materialses skyrocketed to $40M in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 61%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Bangladesh in 2022:

1. United States (311.6K units)
2. China (54.4K units)
3. Canada (8.3K units)
4. Germany (8.1K units)
5. United Kingdom (6.5K units)
6. Japan (5.7K units)
7. Hong Kong SAR (0.9K units)

Imports of Wigs; Complete, of Synthetic Textile Materials in Bangladesh

In 2022, the amount of wigs; complete, of synthetic textile materialses imported into Bangladesh reduced remarkably to 22K units, declining by -67.3% against 2021. In general, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 382%. As a result, imports attained the peak of 68K units, and then dropped dramatically in the following year.

In value terms, imports of wigs; complete, of synthetic textile materialses dropped significantly to $540K in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 865%. As a result, imports attained the peak of $1M, and then declined significantly in the following year.

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Bangladesh in 2022:

1. China (21.9K units)

Source: IndexBox Market Intelligence Platform