Bangladesh - Worked Articles of Wax - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBangladesh: Worked Wax Articles Market 2024
Worked Wax Articles Market Size in Bangladesh
In 2023, the Bangladeshi worked wax articles market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Over the period under review, consumption, however, posted a remarkable increase. Over the period under review, the market hit record highs at $X in 2022, and then declined in the following year.
Worked Wax Articles Exports
Exports from Bangladesh
After two years of growth, overseas shipments of worked articles of wax decreased by X% to X units in 2023. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2023, the exports failed to regain momentum.
In value terms, worked wax articles exports rose sharply to $X in 2023. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.
Exports by Country
The Czech Republic (X units) was the main destination for worked wax articles exports from Bangladesh, accounting for a X% share of total exports. Moreover, worked wax articles exports to the Czech Republic exceeded the volume sent to the second major destination, Luxembourg (X units), more than tenfold.
From 2012 to 2023, the average annual growth rate of volume to the Czech Republic was relatively modest.
In value terms, the Czech Republic ($X) emerged as the key foreign market for worked articles of wax exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by Luxembourg ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to the Czech Republic was relatively modest.
Export Prices by Country
In 2023, the average worked wax articles export price amounted to $X per thousand units, picking up by X% against the previous year. In general, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per thousand units in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per thousand units), while the average price for exports to Luxembourg stood at $X per thousand units.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%).
Worked Wax Articles Imports
Imports into Bangladesh
In 2023, the amount of worked articles of wax imported into Bangladesh reduced to X units, declining by X% compared with the previous year. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2022, and then dropped in the following year.
In value terms, worked wax articles imports dropped to $X in 2023. In general, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2022, and then declined in the following year.
Imports by Country
Germany (X units), China (X units) and Italy (X units) were the main suppliers of worked wax articles imports to Bangladesh, with a combined X% share of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X) constituted the largest supplier of worked articles of wax to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).
Import Prices by Country
The average worked wax articles import price stood at $X per thousand units in 2023, with a decrease of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X%. The import price peaked at $X per thousand units in 2022, and then dropped modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per thousand units), while the price for Italy ($X per thousand units) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the worked wax articles market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32995940 - Worked vegetable or mineral..., moulded... articles of wax, s tearin,
Country coverage:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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