Market for Ceramic Wares For Laboratory Or Technical Uses in Bangladesh
Market Overview
The Bangladeshi market for ceramic wares for laboratory or technical uses fell slightly to $
in , flattening at 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, consumption, however, enjoyed a prominent expansion. Consumption of peaked at $ in , and then fell slightly in the following year.
in , flattening at 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, consumption, however, enjoyed a prominent expansion. Consumption of peaked at $ in , and then fell slightly in the following year.Consumption
In , consumption of ceramic wares for laboratory or technical uses in Bangladesh reduced to tons, shrinking by -% compared with the year before. In general, consumption, however, enjoyed a prominent expansion. Over the period under review, consumption of hit record highs at tons in 2019; however, from to , consumption failed to regain momentum.
The revenue of the market for ceramic wares for laboratory or technical uses in Bangladesh reduced to $ in , therefore, remained relatively stable 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, consumption, however, continues to indicate a prominent expansion. Consumption of peaked at $ in , and then fell in the following year.
, consumption of ceramic wares for laboratory or technical uses in Bangladesh reduced to tons, shrinking by -% compared with the year before. In general, consumption, however, enjoyed a prominent expansion. Over the period under review, consumption of hit record highs at tons in 2019; however, from to , consumption failed to regain momentum.The revenue of the market for ceramic wares for laboratory or technical uses in Bangladesh reduced to $
in , therefore, remained relatively stable 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, consumption, however, continues to indicate a prominent expansion. Consumption of peaked at $ in , and then fell in the following year.Market Forecast
Driven by increasing demand for ceramic wares for laboratory or technical uses in Bangladesh, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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 wares for laboratory or technical uses market in Bangladesh consists almost entirely of imported products.
Trade Balance
Bangladesh remains a net importer of ceramic wares for laboratory or technical uses; 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.
. 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.
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