
Bangladesh - Condensers for Steam or Other Vapour Power Units - Market Analysis, Forecast, Size, Trends and Insights
Bangladesh: Vapour Power Unit Market 2023
Vapour Power Unit Market Size in Bangladesh
In 2021, after two years of decline, there was significant growth in the Bangladeshi vapour power unit market, when its value increased by 428% to $X. In general, consumption, however, saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Vapour Power Unit Imports
Imports into Bangladesh
In 2021, after two years of decline, there was significant growth in supplies from abroad of condensers for steam or other vapour power units, when their volume increased by 449% to X tons. Overall, imports, however, recorded a abrupt downturn. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, vapour power unit imports soared to $X in 2021. In general, imports, however, continue to indicate a abrupt descent. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
Spain (X tons), Indonesia (X tons) and South Korea (X tons) were the main suppliers of vapour power unit imports to Bangladesh, with a combined 77% share of total imports.
From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +50.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Spain ($X) constituted the largest supplier of vapour power unit to Bangladesh, comprising 46% of total imports. The second position in the ranking was taken by India ($X), with a 16% share of total imports. It was followed by Indonesia, with a 15% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +37.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.2% per year) and Indonesia (-22.0% per year).
Import Prices by Country
In 2021, the average vapour power unit import price amounted to $X per ton, declining by -6.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 72% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+21.0%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the vapour power unit 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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