Price for Liquid Elevators; Parts Thereof in Bangladesh - 2022
Contents:
- Price for Liquid Elevators; Parts Thereof in Bangladesh (CIF) - 2022
- Imports of Liquid Elevators; Parts Thereof in Bangladesh
Price for Liquid Elevators; Parts Thereof in Bangladesh (CIF) - 2022
In 2022, the average liquid elevators; parts thereof import price amounted to $24,232 per ton, reducing by -27.3% against the previous year. Overall, the import price saw a mild decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 197% against the previous year. As a result, import price attained the peak level of $34,794 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($34,582 per ton), while the price for Malaysia ($751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Liquid Elevators; Parts Thereof in Bangladesh
In 2022, approx. 7.2 tons of liquid elevators; parts thereoves were imported into Bangladesh; growing by 291% against 2021. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 359%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, liquid elevators; parts thereof imports skyrocketed to $192K in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 668% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Liquid Elevators; Parts Thereof in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.8 | 1.4 | 13.4 | 112 | 242.0% |
| Italy | 3.4 | 1.4 | 19.0 | 19.0 | 77.5% |
| Taiwan (Chinese) | 0.2 | 0.1 | 1.0 | 1.6 | 100.0% |
| Singapore | 3.7 | 0.2 | 0.8 | 1.2 | -31.3% |
| Malaysia | N/A | N/A | N/A | 1.2 | 0% |
| India | 4.4 | 0.2 | 0.1 | 0.4 | -55.0% |
| Others | 15.2 | 4.2 | 23.2 | 56.9 | 55.3% |
| Total | 29.7 | 7.5 | 57.6 | 192 | 86.3% |
Top Suppliers of Liquid Elevators; Parts Thereof to Bangladesh in 2022:
- South Korea (3.2 tons)
- Malaysia (1.6 tons)
- Italy (0.9 tons)
- Singapore (0.7 tons)
- Taiwan (Chinese) (0.3 tons)
- India (0.1 tons)
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