Updated Oct 18, 2022 04:30

Market for Ceramic Pipe, Conduit, Guttering And Pipe Fitting in Bangladesh

Market Overview
The Bangladeshi market for ceramic pipes, conduits, guttering and pipe fittings fell markedly to $ in , declining 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). Overall, consumption, however, recorded measured growth. As a result, consumption attained the peak level of $, and then shrank markedly in the following year.


Consumption
Consumption of ceramic pipes, conduits, guttering and pipe fittings in Bangladesh fell to tons in , with a decrease of -% on the previous year's figure. Over the period under review, consumption, however, showed a modest increase. As a result, consumption reached the peak volume of tons. From to , the growth of the consumption of remained at a somewhat lower figure.

The revenue of the market for ceramic pipes, conduits, guttering and pipe fittings in Bangladesh declined slightly to $ in , which is down 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). In general, consumption, however, continues to indicate tangible growth. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a somewhat lower figure.


Market Forecast
The market for ceramic pipe, conduit, guttering and pipe fitting is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Ceramic pipe, conduit, guttering and pipe fitting market in Bangladesh consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Bangladesh relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.


Trade Balance
Bangladesh remains a net importer of ceramic pipe, conduit, guttering and pipe fitting; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.