Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh - 2022

Contents:

1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh (FOB) - 2022
2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh (CIF) - 2022
3. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh
4. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh (FOB) - 2022

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $5,968 per ton in 2022, rising by 25% against the previous year. In general, the export price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of 70% against the previous year. The export price peaked at $8,720 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($61,134 per ton), while the average price for exports to the Philippines ($273 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 the Philippines (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh (CIF) - 2022

In 2022, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $3,752 per ton, rising by 53% against the previous year. Overall, the import price saw a buoyant increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 101% against the previous year. The import price peaked at $7,773 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,817 per ton), while the price for India stood at $1,767 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+40.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh

Exports of tarpaulins, awnings and sunblinds of synthetic fibreses from Bangladesh declined notably to 844 tons in 2022, which is down by -50.4% compared with 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 108%. As a result, the exports reached the peak of 1.7K tons, and then reduced markedly in the following year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses shrank rapidly to $5M in 2022. In general, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 52% against the previous year.

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Bangladesh in 2022:

1. Japan (225.7 tons)
2. Philippines (207.7 tons)
3. United States (191.0 tons)
4. Denmark (101.2 tons)
5. South Korea (26.3 tons)
6. Netherlands (21.6 tons)
7. United Kingdom (20.2 tons)
8. Spain (5.0 tons)

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Bangladesh

In 2022, after three years of growth, there was significant decline in overseas purchases of tarpaulins, awnings and sunblinds of synthetic fibreses, when their volume decreased by -75% to 184 tons. In general, imports, however, posted mild growth. The growth pace was the most rapid in 2020 with an increase of 107% against the previous year.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses fell notably to $689K in 2022. Over the period under review, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by 107% against the previous year.

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Bangladesh in 2022:

1. China (108.4 tons)
2. India (74.2 tons)

Source: IndexBox Market Intelligence Platform