Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh - 2022

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $6,490 per ton, dropping by -49.3% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 45%. Over the period under review, average import prices reached the maximum at $16,154 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 India ($101,835 per ton), while the price for China ($4,348 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $52,531 per ton in 2022, with a decrease of -28% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 136% against the previous year. As a result, the export price attained the peak level of $101,774 per ton. From 2021 to 2022, the average export prices remained at a 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 Mexico ($83,750 per ton), while the average price for exports to Canada ($8,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-5.4%), while the prices for the other major destinations experienced a decline.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh

In 2022, the amount of machine-tools; parts and accessories, tool holders and self-opening dieheadses imported into Bangladesh skyrocketed to 117 tons, surging by 128% compared with the previous year. Over the period under review, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses soared to $759K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 63%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Bangladesh in 2022:

1. China (112.1 tons)
2. Taiwan (Chinese) (0.2 tons)
3. India (0.1 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bangladesh

In 2022, overseas shipments of machine-tools; parts and accessories, tool holders and self-opening dieheadses increased by 250% to 98 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp downturn.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses soared to $5.1K in 2022. Over the period under review, exports, however, continue to indicate a sharp descent.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Bangladesh in 2022:

1. Singapore (54.0 kg)
2. Sweden (30.0 kg)
3. Mexico (4.0 kg)
4. Chile (3.0 kg)
5. Slovenia (1.0 kg)
6. China (1.0 kg)

Source: IndexBox Market Intelligence Platform