Bangladesh: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Bangladesh

The Bangladeshi injection-moulding machine market dropped rapidly to $X in 2022, shrinking 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). Overall, consumption, however, recorded a resilient increase. Injection-moulding machine consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Injection-Moulding Machine Exports

Exports from Bangladesh

In 2022, exports of injection-moulding machines for working rubber or plastics from Bangladesh amounted to X units, remaining stable against the previous year. In general, exports showed a abrupt decline. The smallest decline of X% was in 2016. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, injection-moulding machine exports rose sharply to $X in 2022. Overall, exports recorded a deep slump. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X units) and Taiwan (Chinese) (X units) were the main destinations of injection-moulding machine exports from Bangladesh. Moreover, injection-moulding machine exports in South Korea exceeded the figures recorded by the second-largest exporter, Taiwan (Chinese), twofold.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%).

In value terms, South Korea ($X) remains the key foreign market for injection-moulding machines for working rubber or plastics exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to South Korea stood at X%.

Export Prices by Country

The average injection-moulding machine export price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Taiwan (Chinese) amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Injection-Moulding Machine Imports

Imports into Bangladesh

In 2022, after three years of growth, there was significant decline in supplies from abroad of injection-moulding machines for working rubber or plastics, when their volume decreased by X% to X units. Over the period under review, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then contracted dramatically in the following year.

In value terms, injection-moulding machine imports fell rapidly to $X in 2022. In general, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of injection-moulding machine to Bangladesh, with a X% share of total imports. Moreover, injection-moulding machine imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold. The third position in this ranking was taken by India (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of injection-moulding machines for working rubber or plastics to Bangladesh, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and South Korea (X% per year).

Import Prices by Country

The average injection-moulding machine import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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