Market for Porcelain Tableware And Kitchenware in Bangladesh
Market Overview
The Bangladeshi porcelain tableware and kitchenware market reached $
in , increasing 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, saw a mild contraction. Over the period under review, the market attained the peak level at $ in 2012; however, from 2013 to , consumption remained at a lower figure.
In value terms, porcelain tableware and kitchenware production totaled $ in estimated in export price. In general, production saw a slight slump. The most prominent rate of growth was recorded in 2011 when the production volume increased by % against the previous year. Porcelain tableware and kitchenware production peaked at $ in 2012; however, from 2013 to , production remained at a lower figure.
in , increasing 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, saw a mild contraction. Over the period under review, the market attained the peak level at $ in 2012; however, from 2013 to , consumption remained at a lower figure.In value terms, porcelain tableware and kitchenware production totaled $
in estimated in export price. In general, production saw a slight slump. The most prominent rate of growth was recorded in 2011 when the production volume increased by % against the previous year. Porcelain tableware and kitchenware production peaked at $ in 2012; however, from 2013 to , production remained at a lower figure.Consumption
In , the amount of porcelain or china tableware and kitchenware consumed in Bangladesh expanded modestly to units, growing by % against the previous year. In general, consumption, however, showed a pronounced descent. Porcelain tableware and kitchenware consumption peaked at units in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
The size of the porcelain tableware and kitchenware market in Bangladesh totaled $ in , growing 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, consumption, however, saw a mild contraction. Porcelain tableware and kitchenware consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
, the amount of porcelain or china tableware and kitchenware consumed in Bangladesh expanded modestly to units, growing by % against the previous year. In general, consumption, however, showed a pronounced descent. Porcelain tableware and kitchenware consumption peaked at units in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.The size of the porcelain tableware and kitchenware market in Bangladesh totaled $
in , growing 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, consumption, however, saw a mild contraction. Porcelain tableware and kitchenware consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for porcelain tableware and kitchenware in Bangladesh, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units 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 .
% for the period from to , which is projected to depress the market volume to units 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
Over the period under review, imports of porcelain tableware and kitchenware in Bangladesh were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for porcelain tableware and kitchenware.
Trade Balance
Bangladesh remains a net exporter of porcelain tableware and kitchenware; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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