Bangladesh: Aircraft Launching Gear Market 2022

Aircraft Launching Gear Market Size in Bangladesh

In 2021, after two years of growth, there was significant decline in the Bangladeshi aircraft launching gear market, when its value decreased by -8.5% to $X. In general, consumption, however, showed a strong expansion. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Aircraft Launching Gear Production in Bangladesh

In value terms, aircraft launching gear production fell to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +98.9% against 2012 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 37%. Aircraft launching gear production peaked at $X in 2020, and then shrank slightly in the following year.

Aircraft Launching Gear Exports

Exports from Bangladesh

In 2021, overseas shipments of aircraft launching gear, deck-arrestor or similar gear and parts thereof increased by 2% to X kg for the first time since 2015, thus ending a five-year declining trend. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 29%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, aircraft launching gear exports reduced to $X in 2021. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 55%. Over the period under review, the exports hit record highs at $X in 2020, and then dropped in the following year.

Exports by Country

France (X kg) was the main destination for aircraft launching gear exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest.

In value terms, France ($X) also remains the key foreign market for aircraft launching gear exports from Bangladesh.

From 2012 to 2021, the average annual growth rate of value to France totaled +13.7%.

Export Prices by Country

In 2021, the average aircraft launching gear export price amounted to $X per ton, reducing by -5.9% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2013 an increase of 56% against the previous year. The export price peaked at $X per ton in 2020, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +12.9% per year.

Aircraft Launching Gear Imports

Imports into Bangladesh

In 2021, overseas purchases of aircraft launching gear, deck-arrestor or similar gear and parts thereof decreased by -13.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 155% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, aircraft launching gear imports fell dramatically to $X in 2021. Over the period under review, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2015 when imports increased by 64% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) was the main supplier of aircraft launching gear to Bangladesh, with a 98% share of total imports. It was followed by the Czech Republic (X kg), with a 1.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from France was relatively modest.

In value terms, France ($X) constituted the largest supplier of aircraft launching gear to Bangladesh, comprising 89% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 7.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from France stood at -7.4%.

Import Prices by Country

In 2021, the average aircraft launching gear import price amounted to $X per ton, which is down by -3.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 75% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the price for France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.4%).

Source: IndexBox Market Intelligence Platform

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