Report Update: May 1, 2024

Bangladesh - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights

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Price for Continuous-Action Elevators and Conveyors in Bangladesh - 2022

Price for Continuous-Action Elevators and Conveyors in Bangladesh (CIF) - 2022

The average continuous-action elevators and conveyors import price stood at $13,480 per unit in 2022, picking up by 11% against the previous year. Overall, the import price continues to indicate measured growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 87% against the previous year. Over the period under review, average import prices attained the maximum at $18,537 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($33,848 per unit), while the price for Switzerland ($1,817 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Continuous-Action Elevators and Conveyors in Bangladesh (FOB) - 2022

In 2022, the average continuous-action elevators and conveyors export price amounted to $955 per unit, declining by -17.1% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of 22% against the previous year. As a result, the export price reached the peak level of $4,429 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($1,203 per unit), while the average price for exports to the UK ($673 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 India (-8.1%).

Imports of Continuous-Action Elevators and Conveyors in Bangladesh

In 2022, the amount of continuous-action elevators and conveyors imported into Bangladesh soared to 6.9K units, picking up by 17% against the previous year's figure. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 96%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, continuous-action elevators and conveyors imports surged to $93M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +82.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Continuous-Action Elevators and Conveyors in Bangladesh (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	34.1	18.4	28.5	27.7	-6.7%
Taiwan (Chinese)	0.2	0.1	0.3	10.6	275.6%
Poland	0.2	0.6	1.7	9.5	262.2%
Italy	1.7	1.1	10.3	7.4	63.3%
Germany	4.3	4.3	3.0	5.3	7.2%
Belgium	6.8	4.0	4.7	3.6	-19.1%
India	7.3	3.3	3.4	2.4	-31.0%
Switzerland	0.9	1.6	1.7	1.1	6.9%
Thailand	1.8	2.3	1.9	1.0	-17.8%
Netherlands	1.7	2.2	1.7	0.9	-19.1%
Others	6.8	12.9	13.9	23.2	50.5%
Total	65.7	50.8	71.2	92.6	12.1%

Top Suppliers of Continuous-Action Elevators and Conveyors to Bangladesh in 2022:

China (2780.0 units)
Taiwan (Chinese) (2344.0 units)
Poland (634.0 units)
Switzerland (614.0 units)
India (240.0 units)
Netherlands (185.0 units)
Germany (176.0 units)
Italy (155.0 units)
Belgium (114.0 units)
Thailand (67.0 units)

Exports of Continuous-Action Elevators and Conveyors in Bangladesh

Continuous-action elevators and conveyors exports from Bangladesh surged to 691 units in 2022, growing by 19% on the year before. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,830%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, continuous-action elevators and conveyors exports contracted to $660K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,506%. As a result, the exports reached the peak of $667K, and then reduced in the following year.

Export of Continuous-Action Elevators and Conveyors in Bangladesh (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Philippines	N/A	N/A	N/A	456	0%
United Kingdom	N/A	N/A	N/A	202	0%
India	53.6	5.7	30.1	2.5	-64.0%
France	N/A	N/A	264	N/A	0%
United Arab Emirates	N/A	N/A	372	N/A	0%
United States	N/A	12.4	N/A	N/A	0%
Others	N/A	23.5	N/A	N/A	0%
Total	53.6	41.5	667	660	130.9%

Top Export Markets for Continuous-Action Elevators and Conveyors from Bangladesh in 2022:

Philippines (379.0 units)
United Kingdom (300.0 units)
India (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for continuous-action elevators and conveyors 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 28221740 - Pneumatic elevators and conveyors
Prodcom 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
Prodcom 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
Prodcom 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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