Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh - 2022
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh (FOB) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $10,045 per unit in 2022, with an increase of 6.5% against the previous year. In general, the import price posted prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 103%. Over the period under review, average import prices attained the peak figure at $50,421 per unit in 2019; however, from 2020 to 2022, 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 India ($124,023 per unit), while the price for Taiwan (Chinese) ($4,081 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+43.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh (FOB) - 2022
In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $23,777 per unit, with an increase of 11% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 334%. The export price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +14.4% per year.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh
In 2022, after three years of growth, there was decline in purchases abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, when their volume decreased by -3.7% to 649 units. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 120% against the previous year. As a result, imports attained the peak of 674 units, and then declined slightly in the following year.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses expanded modestly to $6.5M in 2022. Overall, imports faced a deep reduction. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 3.8 | 1.1 | 2.6 | -11.1% |
| Germany | 2.1 | 1.9 | 1.0 | 2.3 | 3.1% |
| Malaysia | 2.2 | 2.5 | 2.3 | 0.8 | -28.6% |
| Austria | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Taiwan (Chinese) | 0.1 | N/A | 0.4 | N/A | 100.0% |
| Others | 2.0 | 1.1 | 1.3 | 0.5 | -37.0% |
| Total | 10.1 | 9.3 | 6.4 | 6.5 | -13.7% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Bangladesh in 2022:
- Germany (347.0 units)
- China (135.0 units)
- Malaysia (125.0 units)
- Austria (11.0 units)
- South Korea (7.0 units)
- Taiwan (Chinese) (1.0 units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh
In 2022, the amount of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses exported from Bangladesh was estimated at 1 units, remaining constant against the previous year. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses totaled $24K in 2022. The total export value increased at an average annual rate of +11.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 17.2 | 19.1 | 21.3 | 23.8 | 11.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.2 | 19.1 | 21.3 | 23.8 | 11.4% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Bangladesh in 2022:
- Malaysia (1.0 units)
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