China Statuette Market in Bangladesh
Market Overview
The Bangladeshi china statuette market shrank significantly 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, posted a remarkable increase. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.
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, posted a remarkable increase. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.Consumption
In , approx. tons of statuettes of porcelain or china were consumed in Bangladesh; with a decrease of -% on the year before. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak volume of tons. From 2018 to , the growth of the consumption remained at a lower figure.
The revenue of the china statuette market in Bangladesh fell dramatically 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, saw a strong expansion. As a result, consumption reached the peak level of $. From 2018 to , the growth of the market remained at a lower figure.
, approx. tons of statuettes of porcelain or china were consumed in Bangladesh; with a decrease of -% on the year before. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak volume of tons. From 2018 to , the growth of the consumption remained at a lower figure.The revenue of the china statuette market in Bangladesh fell dramatically 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, saw a strong expansion. As a result, consumption reached the peak level of $. From 2018 to , the growth of the market remained at a lower figure.Market Forecast
Driven by rising demand for china statuette in Bangladesh, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, 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
China statuette 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 china statuette; 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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