Bangladesh - Mechano-Therapy Appliances And Massage Apparatus - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bangladesh - Mechano-Therapy Appliances And Massage Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Mechano-Therapy Appliances Price in Bangladesh - 2022

Contents:

  1. Mechano-Therapy Appliances Price in Bangladesh (CIF) - 2022
  2. Mechano-Therapy Appliances Price in Bangladesh (FOB) - 2022
  3. Mechano-Therapy Appliances Imports in Bangladesh
  4. Mechano-Therapy Appliances Exports in Bangladesh

Mechano-Therapy Appliances Price in Bangladesh (CIF) - 2022

In 2022, the average mechano-therapy appliances import price amounted to $8.8 per unit, falling by -10.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 141%. As a result, import price attained the peak level of $26 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7.2 per unit), while the price for South Korea totaled $4.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%).

Mechano-Therapy Appliances Price in Bangladesh (FOB) - 2022

The average mechano-therapy appliances export price stood at $17 per unit in 2022, surging by 34% against the previous year. In general, the export price recorded tangible growth. The pace of growth appeared the most rapid in 2019 an increase of 90% against the previous year. As a result, the export price attained the peak level of $35 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($115 per unit), while the average price for exports to Kenya ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+32.2%), while the prices for the other major destinations experienced mixed trend patterns.

Mechano-Therapy Appliances Imports in Bangladesh

In 2022, approx. 266K units of mechano-therapy appliances and massage apparatus were imported into Bangladesh; waning by -9.9% on 2021. Overall, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when imports increased by 25%. Over the period under review, imports hit record highs at 328K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, mechano-therapy appliances imports shrank dramatically to $2.3M in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of $2.9M, and then dropped dramatically in the following year.

Import of Mechano-Therapy Appliances in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2421,1371,8001,81013.4%
South Korea25.97.355.01.2-64.1%
Others1,1146261,031517-22.6%
Total2,3821,7712,8862,328-0.8%

Top Suppliers of Mechano-Therapy Appliances to Bangladesh in 2022:

  1. China (252.5K units)
  2. South Korea (0.2K units)

Mechano-Therapy Appliances Exports in Bangladesh

In 2022, approx. 259 units of mechano-therapy appliances and massage apparatus were exported from Bangladesh; shrinking by -15.9% on 2021. In general, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. The exports peaked at 510 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, mechano-therapy appliances exports rose significantly to $4.4K in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The exports peaked at $18K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Mechano-Therapy Appliances in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.52.00.51.3-33.9%
Canada3.60.10.31.0-34.8%
Austria1.90.70.30.8-25.0%
SlovakiaN/AN/AN/A0.70%
Kenya0.2N/AN/A0.20.0%
Ireland3.60.80.10.1-69.7%
SerbiaN/AN/A2.5N/A0%
Ukraine0.30.1N/AN/A-66.7%
Others3.81.10.20.3-57.1%
Total18.04.93.94.4-37.5%

Top Export Markets for Mechano-Therapy Appliances from Bangladesh in 2022:

  1. Kenya (106.0 units)
  2. Poland (60.0 units)
  3. Austria (40.0 units)
  4. Slovakia (28.0 units)
  5. Canada (9.0 units)
  6. Ukraine (1.0 units)
  7. Ireland (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mechano-therapy appliances market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32502130 - Mechano-therapy appliances, massage apparatus, p sychological aptitude-testing apparatus (excluding wholly stationary mechano-therapy apparatus)

Country coverage:

  • Bangladesh

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bangladesh
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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