Common Pottery Market in Bangladesh
Market Overview
The Bangladeshi common pottery market shrank slightly to $
in , remaining 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 showed a mild decrease. Common pottery consumption peaked at $ in 2011; however, from 2012 to , consumption remained at a lower figure.
In value terms, common pottery production dropped modestly to $ in estimated in export price. Over the period under review, production saw a slight descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.
in , remaining 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 showed a mild decrease. Common pottery consumption peaked at $ in 2011; however, from 2012 to , consumption remained at a lower figure.In value terms, common pottery production dropped modestly to $
in estimated in export price. Over the period under review, production saw a slight descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.Consumption
In , approx. tons of common pottery were consumed in Bangladesh; remaining stable against the year before. Overall, consumption showed a perceptible slump. Over the period under review, consumption hit record highs at tons in 2011; however, from 2012 to , consumption failed to regain momentum.
The value of the common pottery market in Bangladesh dropped to $ in , standing approx. 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 continues to indicate a slight slump. Common pottery consumption peaked at $ in 2011; however, from 2012 to , consumption remained at a lower figure.
, approx. tons of common pottery were consumed in Bangladesh; remaining stable against the year before. Overall, consumption showed a perceptible slump. Over the period under review, consumption hit record highs at tons in 2011; however, from 2012 to , consumption failed to regain momentum.The value of the common pottery market in Bangladesh dropped to $
in , standing approx. 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 continues to indicate a slight slump. Common pottery consumption peaked at $ in 2011; however, from 2012 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for common pottery 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 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 .
% for the 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
Over the period under review, imports of common pottery 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 common pottery.
Trade Balance
Bangladesh remains a net exporter of common pottery; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, 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 tons, 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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