Bangladesh - Vacuum Pumps - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bangladesh - Vacuum Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Vacuum Pump Price in Bangladesh - 2022

Contents:

  1. Vacuum Pump Price in Bangladesh (CIF) - 2022
  2. Vacuum Pump Price in Bangladesh (FOB) - 2022
  3. Vacuum Pump Imports in Bangladesh
  4. Vacuum Pump Exports in Bangladesh

Vacuum Pump Price in Bangladesh (CIF) - 2022

The average vacuum pump import price stood at $435 per unit in 2022, growing by 75% against the previous year. In general, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 207%. As a result, import price reached the peak level of $583 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($4,116 per unit), while the price for South Korea ($26 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Vacuum Pump Price in Bangladesh (FOB) - 2022

In 2022, the average vacuum pump export price amounted to $1,827 per unit, increasing by 150% against the previous year. Over the period under review, the export price saw significant growth. Over the period under review, the average export prices attained the peak figure at $1,833 per unit in 2019; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,194 per unit), while the average price for exports to the Czech Republic ($63 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 China (+529.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Pump Imports in Bangladesh

In 2022, approx. 13K units of vacuum pumps were imported into Bangladesh; declining by -46.1% compared with the year before. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 165%. Over the period under review, imports hit record highs at 24K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, vacuum pump imports fell to $5.5M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. Imports peaked at $5.8M in 2021, and then shrank in the following year.

Import of Vacuum Pump in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1592722,7091,532-10.8%
Russia27.83,41119.91,387268.1%
India28815186873636.7%
United Kingdom558662951541-1.0%
South Korea85.687.52371067.4%
Japan12720.711355.6-24.1%
Spain64.51.916.616.9-36.0%
Hong Kong SAR48.534.941.910.3-40.3%
Others1,1525188511,099-1.6%
Total4,5115,1595,8085,4846.7%

Top Suppliers of Vacuum Pump to Bangladesh in 2022:

  1. South Korea (4.0K units)
  2. India (2.8K units)
  3. China (2.1K units)
  4. United Kingdom (1.3K units)
  5. Japan (0.9K units)
  6. Spain (0.3K units)
  7. Russia (0.3K units)
  8. Hong Kong SAR (0.2K units)

Vacuum Pump Exports in Bangladesh

In 2022, shipments abroad of vacuum pumps decreased by -68.4% to 99 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 186% against the previous year. The exports peaked at 313 units in 2021, and then declined rapidly in the following year.

In value terms, vacuum pump exports fell remarkably to $181K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, the exports reached the peak of $228K, and then fell sharply in the following year.

Export of Vacuum Pump in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States87.310913816824.4%
India2.222.320.610.970.5%
Netherlands0.21.83.11.7104.1%
Czech RepublicN/AN/AN/A0.50%
ThailandN/AN/A1.4N/A0%
United Arab EmiratesN/AN/A64.5N/A0%
Others0.1N/A0.3N/A73.2%
Total89.813322818126.3%

Top Export Markets for Vacuum Pump from Bangladesh in 2022:

  1. United States (40.0 units)
  2. India (31.0 units)
  3. Netherlands (20.0 units)
  4. Czech Republic (8.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vacuum pump 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
  • Prodcom 28132190 - Liquid ring

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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