Report Bangladesh - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 14, 2022

Bangladesh - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights
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Bangladesh: Truck Crane Market 2022

Truck Crane Market Size in Bangladesh

The Bangladeshi truck crane market reduced notably to $X in 2021, which is down by -31.5% against the previous year. Overall, consumption continues to indicate a noticeable reduction. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.

Truck Crane Production in Bangladesh

In value terms, truck crane production fell notably to $X in 2021 estimated in export price. Over the period under review, production saw a perceptible reduction. The pace of growth appeared the most rapid in 2013 when the production volume increased by 1,307% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Truck Crane Exports

Exports from Bangladesh

In 2015, the amount of truck cranes exported from Bangladesh stood at X units, approximately reflecting 2014. In general, exports saw a dramatic decrease. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2015, the exports stood at a somewhat lower figure.

In value terms, truck crane exports stood at $X in 2015. Overall, exports continue to indicate a deep reduction. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2015, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for truck crane exports from Bangladesh, with a approx. 100% share of total exports.

From 2013 to 2015, the average annual growth rate of volume to China stood at -97.1%.

From 2013 to 2015, the average annual growth rate of value to China stood at -18.6%.

Export Prices by Country

The average truck crane export price stood at $X per unit in 2015, leveling off at the previous year. In general, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2015, the rate of growth in terms of prices for China amounted to +2,663.5% per year.

Truck Crane Imports

Imports into Bangladesh

In 2021, the amount of truck cranes imported into Bangladesh skyrocketed to X units, picking up by 75% compared with the previous year's figure. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, truck crane imports expanded remarkably to $X in 2021. Over the period under review, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 77%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of truck crane to Bangladesh, with a 71% share of total imports. Moreover, truck crane imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), eightfold. The United States (X units) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from Japan amounted to +63.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.0% per year) and the United States (+26.0% per year).

In value terms, Singapore ($X), Germany ($X) and China ($X) appeared to be the largest truck crane suppliers to Bangladesh, together comprising 69% of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +80.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average truck crane import price amounted to $X per unit, waning by -38.9% against the previous year. In general, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 16%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for truck cranes in the world?
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The countries with the highest volumes of consumption in 2021 were China, Greece and Poland, together comprising 29% of global consumption.
What are the largest producers of truck cranes in the world?
+
The country with the largest volume of truck crane production was Germany, comprising approx. 56% of total volume. Moreover, truck crane production in Germany exceeded the figures recorded by the second-largest producer, China, sixfold. The United States ranked third in terms of total production with a 4.8% share.
What are the leading suppliers of truck cranes to Bangladesh?
+
In value terms, Singapore, Germany and China were the largest truck crane suppliers to Bangladesh, together comprising 69% of total imports.
What is the average export price for truck cranes in Bangladesh?
+
The average truck crane export price stood at $2,807 per unit in 2015, approximately mirroring the previous year.
What is the average import price for truck cranes in Bangladesh?
+
The average truck crane import price stood at $92,894 per unit in 2021, declining by -38.9% against the previous year.

This report provides an in-depth analysis of the truck crane 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 29105100 - Crane lorries
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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