Bangladesh - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bangladesh - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights

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Non-Household Fan Price in Bangladesh - 2022

Contents:

  1. Non-Household Fan Price in Bangladesh (CIF) - 2022
  2. Non-Household Fan Price in Bangladesh (FOB) - 2022
  3. Non-Household Fan Imports in Bangladesh
  4. Non-Household Fan Exports in Bangladesh

Non-Household Fan Price in Bangladesh (CIF) - 2022

In 2022, the average non-household fan import price amounted to $26 per unit, which is down by -24.8% against the previous year. In general, the import price, however, showed prominent growth. The pace of growth was the most pronounced in 2017 an increase of 90%. As a result, import price attained the peak level of $43 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +45.3% per year.

Non-Household Fan Price in Bangladesh (FOB) - 2022

The average non-household fan export price stood at $437 per unit in 2022, surging by 9.6% against the previous year. Overall, the export price posted significant growth. The growth pace was the most rapid in 2013 an increase of 159%. Over the period under review, the average export prices attained the maximum at $479 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($460 per unit), while the average price for exports to Austria ($62 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 Thailand (+90.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Household Fan Imports in Bangladesh

In 2022, imports of non-household ventilation fans into Bangladesh dropped modestly to 914K units, declining by -2.7% compared with 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. As a result, imports attained the peak of 939K units, and then contracted in the following year.

In value terms, non-household fan imports dropped remarkably to $24M in 2022. Overall, imports, however, enjoyed a noticeable increase. The pace of growth was the most pronounced in 2021 when imports increased by 116%. As a result, imports reached the peak of $33M, and then dropped remarkably in the following year.

Import of Non-Household Fan in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates21.815.333.124.23.5%
OthersN/AN/AN/AN/A0%
Total21.815.333.124.23.5%

Top Suppliers of Non-Household Fan to Bangladesh in 2022:

  1. United Arab Emirates (913.7K units)

Non-Household Fan Exports in Bangladesh

In 2022, exports of non-household ventilation fans from Bangladesh reduced to 1.9K units, approximately equating the previous year's figure. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 2.8% against the previous year. Over the period under review, the exports reached the peak figure at 2.5K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-household fan exports reached $851K in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. As a result, the exports reached the peak of $917K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Non-Household Fan in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States61888378484210.9%
AustriaN/AN/AN/A5.30%
South Korea13.7N/AN/AN/A0%
United Arab EmiratesN/A21.3N/AN/A0%
Others9.112.60.63.1-30.2%
Total6419177848519.9%

Top Export Markets for Non-Household Fan from Bangladesh in 2022:

  1. United States (1830.0 units)
  2. Austria (86.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-household fan 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 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
  • Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
  • Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)

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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