Overview of the Market for Liquid Air And Distilled Water in Bangladesh
In value terms, liquid air and distilled water production declined modestly to $ in 2019 estimated in export prices. In general, production recorded a perceptible decline. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2012 to 2019, production growth remained at a somewhat lower figure.
The revenue of the market for liquid or compressed air and distilled or conductivity water in Bangladesh fell to $ in 2019, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a perceptible increase from 2007 to 2019: its value decreased at an average annual rate of -% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2013 indices. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. As a result, consumption attained the peak level of $, and then fell in the following year.