Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Bangladesh - 2022
Contents:
- Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Bangladesh (CIF) - 2022
- Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Bangladesh
Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Bangladesh (CIF) - 2022
The average import price for woven fabrics of coarse animal hair or of horsehair stood at $5,442 per ton in 2022, dropping by -16.8% against the previous year. In general, the import price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2015 when the average import price increased by 75%. As a result, import price reached the peak level of $20,359 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 India ($14,064 per ton), while the price for China ($5,232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.9%), while the prices for the other major suppliers experienced a decline.
Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in supplies from abroad of woven fabrics of coarse animal hair or of horsehair, which increased by 54% to 5.1 tons in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of woven fabrics of coarse animal hair or of horsehair surged to $28K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 62%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Woven Fabrics of Coarse Animal Hair or of Horsehair in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 11.6 | 14.4 | 23.9 | 56.0% |
| South Korea | 1.6 | 1.8 | 1.6 | 1.6 | 0.0% |
| Hong Kong SAR | 1.1 | 1.4 | 1.4 | 1.6 | 13.3% |
| India | 0.7 | 0.8 | 0.7 | 0.7 | 0.0% |
| Others | N/A | N/A | 3.6 | N/A | 0% |
| Total | 9.7 | 15.7 | 21.7 | 27.7 | 41.9% |
Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to Bangladesh in 2022:
- China (4.6 tons)
- South Korea (0.3 tons)
- Hong Kong SAR (0.2 tons)
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