Report Update Apr 1, 2024

Bangladesh - Sawnwood - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Sawnwood Market 2024

Sawnwood Market Size in Bangladesh

The Bangladeshi sawnwood market contracted to $X in 2022, declining by X% against the previous year. Over the period under review, consumption continues to indicate a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Sawnwood Production in Bangladesh

In value terms, sawnwood production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a deep reduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Sawnwood Exports

Exports from Bangladesh

In 2022, overseas shipments of sawnwood decreased by X% to X cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sawnwood exports fell slightly to $X in 2022. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X cubic meters) was the main destination for sawnwood exports from Bangladesh, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea was relatively modest.

In value terms, South Korea ($X) also remains the key foreign market for sawnwood exports from Bangladesh.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea totaled X%.

Export Prices by Country

The average sawnwood export price stood at $X per cubic meter in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to X% per year.

Sawnwood Imports

Imports into Bangladesh

In 2022, the amount of sawnwood imported into Bangladesh shrank notably to X cubic meters, reducing by X% on the previous year. In general, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2021, and then contracted remarkably in the following year.

In value terms, sawnwood imports dropped sharply to $X in 2022. Over the period under review, imports, however, showed buoyant growth. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

Germany (X cubic meters), Indonesia (X cubic meters) and Congo (X cubic meters) were the main suppliers of sawnwood imports to Bangladesh, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sawnwood suppliers to Bangladesh were Germany ($X), Congo ($X) and Indonesia ($X), together accounting for X% of total imports.

Congo, with a CAGR of X%, saw the highest growth rate of 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 sawnwood import price stood at $X per cubic meter in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2022, the average 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 Thailand ($X per cubic meter), while the price for Cameroon ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sawnwood in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and Canada, together accounting for 48% of global consumption. India, Germany, Japan, Russia, the UK, France and Turkey lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of sawnwood in the world?

The countries with the highest volumes of production in 2022 were China, the United States and Russia, with a combined 41% share of global production. Canada, Germany, India, Sweden, Finland, Austria, Brazil, Turkey, Chile and Japan lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of sawnwood to Bangladesh?

In value terms, Germany, Congo and Indonesia constituted the largest sawnwood suppliers to Bangladesh, with a combined 37% share of total imports.

What are the leading importers of sawnwood from Bangladesh?

In value terms, South Korea remains the key foreign market for sawnwood exports from Bangladesh.

What is the average export price for sawnwood in Bangladesh?

In 2022, the average sawnwood export price amounted to $652 per cubic meter, picking up by 94% against the previous year.

What is the average import price for sawnwood in Bangladesh?

In 2022, the average sawnwood import price amounted to $381 per cubic meter, standing approx. at the previous year.

This report provides an in-depth analysis of the sawnwood 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:

FCL 1632 - Sawnwood, coniferous
FCL 1633 - Sawnwood, non-coniferous all

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023