Price for Braids; in the Piece in Bangladesh - 2022

Contents:

  1. Price for Braids; in the Piece in Bangladesh (CIF) - 2022
  2. Price for Braids; in the Piece in Bangladesh (FOB) - 2022
  3. Imports of Braids; in the Piece in Bangladesh
  4. Exports of Braids; in the Piece in Bangladesh

Price for Braids; in the Piece in Bangladesh (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $4,909 per ton, increasing by 9.1% against the previous year. Overall, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. The import price peaked at $7,179 per ton 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 Hong Kong SAR ($25,019 per ton), while the price for China amounted to $4,595 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.9%).

Price for Braids; in the Piece in Bangladesh (FOB) - 2022

The average braids; in the piece export price stood at $15,717 per ton in 2022, which is down by -66.9% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 134% against the previous year. The export price peaked at $47,489 per ton in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($59,800 per ton), while the average price for exports to China ($8,875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+75.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in Bangladesh

In 2022, approx. 2.4K tons of braids; in the pieces were imported into Bangladesh; declining by -8.8% on the previous year. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +52.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. As a result, imports reached the peak of 2.6K tons, and then shrank in the following year.

In value terms, braids; in the piece imports shrank modestly to $12M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +55.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of $12M, leveling off in the following year.

Import of Braids; in the Piece in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.87.111.110.811.5%
Others0.70.40.70.98.7%
Total8.57.511.811.711.2%

Top Suppliers of Braids; in the Piece to Bangladesh in 2022:

  1. China (2.4K tons)

Exports of Braids; in the Piece in Bangladesh

Braids; in the piece exports from Bangladesh soared to 494 kg in 2022, jumping by 420% compared with the previous year. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, braids; in the piece exports surged to $7.7K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 197%. Over the period under review, the braids; in piece exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Braids; in the Piece in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/A4.40%
Switzerland0.10.10.42.0171.4%
Turkey0.1N/A0.10.681.7%
NetherlandsN/AN/A0.10.3200.0%
ChinaN/AN/AN/A0.20%
NorwayN/A0.5N/AN/A0%
United StatesN/A3.83.7N/A-2.6%
IndonesiaN/A1.0N/AN/A0%
Canada1.1N/AN/AN/A0%
Others0.5N/A0.10.1-41.5%
Total1.85.54.47.762.3%

Top Export Markets for Braids; in the Piece from Bangladesh in 2022:

  1. South Africa (374.0 kg)
  2. Switzerland (64.0 kg)
  3. China (24.0 kg)
  4. Netherlands (16.0 kg)
  5. Turkey (10.0 kg)

Source: IndexBox Market Intelligence Platform

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