In 2023, the import value of windows, French-windows, and their frames of wood to Bangladesh stood at an estimated level higher than the projected values seen in subsequent years. From 2024 to 2028, a slight but consistent downward trend is anticipated, with forecasts indicating a decrease from 3.08 to 2.86 thousand US dollars. Year-on-year variations show minor declines within these three years: -1.95% in 2025, -1.99% in 2026, -1.69% in 2027, and -1.72% in 2028, painting a picture of gradual reduction in import value.
Trend analysis over the next five years highlights several factors to watch:
- Potential shifts in domestic manufacturing capabilities affecting import demand.
- Changes in international trade agreements impacting import costs.
- Fluctuations in construction and real estate growth rates in Bangladesh driving demand for imported wood frames.