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Latest Report Update: Oct 3, 2022

Bangladesh - Domestic, Non-Electric, Cooking or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2022

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Bangladesh

The Bangladeshi market for domestic, non-electric, cooking or heating appliances declined markedly to $X in 2021, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a significant increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Bangladesh

In 2021, after two years of decline, there was significant growth in overseas shipments of domestic, non-electric, cooking or heating appliances, when their volume increased by X% to X tons. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of domestic, non-electric, cooking or heating appliances totaled $X in 2021. In general, exports enjoyed noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for exports of domestic, non-electric, cooking or heating appliances from Bangladesh, accounting for a X% share of total exports. It was followed by Fiji (X kg), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +X%.

In value terms, the UK ($X) remains the key foreign market for domestic, non-electric, cooking or heating appliance exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with a X% share of total exports.

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

Export Prices by Country

The average export price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the export price saw a deep setback. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Fiji ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (X%).

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Bangladesh

Imports of domestic, non-electric, cooking or heating appliances into Bangladesh fell markedly to X tons in 2021, which is down by -X% on the year before. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of domestic, non-electric, cooking or heating appliances reduced markedly to $X in 2021. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main domestic, non-electric, cooking or heating appliance supplier to Bangladesh, with a X% share of total imports. It was followed by the UK (X tons), with a X% share of total imports. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Turkey (+X% per year).

In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Bangladesh, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average import price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, declining by -X% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic, non-electric, cooking or heating appliances in the world?

The countries with the highest volumes of consumption in 2021 were the United States, India and China, with a combined 43% share of global consumption. Egypt, Japan, Russia, Canada, Indonesia, Brazil, Pakistan, Mexico, the UK and Germany lagged somewhat behind, together comprising a further 31%.

What are the largest producers of domestic, non-electric, cooking or heating appliances in the world?

China remains the largest domestic, non-electric, cooking or heating appliance producing country worldwide, comprising approx. 40% of total volume. Moreover, production of domestic, non-electric, cooking or heating appliances in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Egypt, with a 5.7% share.

What are the leading suppliers of domestic, non-electric, cooking or heating appliances to Bangladesh?

In value terms, China constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Bangladesh, comprising 89% of total imports. The second position in the ranking was taken by the United Arab Emirates, with a 3.1% share of total imports. It was followed by Turkey, with a 2.6% share.

What are the leading importers of domestic, non-electric, cooking or heating appliances from Bangladesh?

In value terms, the UK remains the key foreign market for domestic, non-electric, cooking or heating appliance exports from Bangladesh, comprising 75% of total exports. The second position in the ranking was taken by Fiji, with a 16% share of total exports.

What is the average export price for domestic, non-electric, cooking or heating appliances in Bangladesh?

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $1,829 per ton, which is down by -7.2% against the previous year.

What is the average import price for domestic, non-electric, cooking or heating appliances in Bangladesh?

The average import price for domestic, non-electric, cooking or heating appliances stood at $3,052 per ton in 2021, which is down by -4.4% against the previous year.

This report provides an in-depth analysis of the market for domestic, non-electric, cooking or heating appliance 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)

• Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)

• Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric

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