Bangladesh: Photographic Paper Market 2024

Photographic Paper Market Size in Bangladesh

In 2023, the Bangladeshi photographic paper market decreased by X% to $X for the first time since 2017, thus ending a five-year rising trend. Over the period under review, consumption saw buoyant growth. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Photographic Paper Exports

Exports from Bangladesh

In 2023, exports of photographic paper, paperboard and textiles from Bangladesh surged to X square meters, rising by X% on 2022. Overall, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports hit record highs at X square meters in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, photographic paper exports stood at $X in 2023. Over the period under review, exports, however, continue to indicate a abrupt downturn. The smallest decline of X% was in 2014. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

The Netherlands (X square meters) was the main destination for photographic paper exports from Bangladesh, with a X% share of total exports. Moreover, photographic paper exports to the Netherlands exceeded the volume sent to the second major destination, Portugal (X square meters), threefold. Canada (X square meters) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual growth rate of volume to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X.0% per year) and Canada (X% per year).

In value terms, the largest markets for photographic paper exported from Bangladesh were Portugal ($X), the Netherlands ($X) and Ireland ($X), together accounting for X% of total exports.

Portugal, with a CAGR of X.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average photographic paper export price amounted to $X per square meter, which is down by X% against the previous year. Overall, the export price, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per square meter in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per square meter), while the average price for exports to Canada ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Paper Imports

Imports into Bangladesh

Photographic paper imports into Bangladesh stood at X square meters in 2023, with an increase of X% on 2022 figures. Overall, imports posted a resilient increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X square meters. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, photographic paper imports shrank to $X in 2023. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Hong Kong SAR (X square meters) constituted the largest supplier of photographic paper to Bangladesh, accounting for a X% share of total imports. Moreover, photographic paper imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, China (X square meters), twofold. Malaysia (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Hong Kong SAR amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Malaysia (X% per year).

In value terms, China ($X), Malaysia ($X) and Singapore ($X) appeared to be the largest photographic paper suppliers to Bangladesh, together comprising X% of total imports. Hong Kong SAR, the United Arab Emirates, the Netherlands and Germany lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average photographic paper import price stood at $X per square meter in 2023, which is down by X% against the previous year. Overall, the import price saw a pronounced contraction. The growth pace was the most rapid in 2022 an increase of X%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per square meter), while the price for Hong Kong SAR ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform