Bangladesh: Compression Type Mould Market 2024

Compression Type Mould Market Size in Bangladesh

The Bangladeshi compression type mould market fell to $X in 2022, with a decrease of 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, continues to indicate a buoyant increase. Over the period under review, the market reached the peak level at $X in 2021, and then fell in the following year.

Compression Type Mould Exports

Exports from Bangladesh

Compression type mould exports from Bangladesh dropped notably to X units in 2022, declining by X% on the year before. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, compression type mould exports dropped sharply to $X in 2022. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for compression type mould exports from Bangladesh, accounting for a X% share of total exports. Moreover, compression type mould exports to China exceeded the volume sent to the second major destination, India (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to China totaled X%.

In value terms, India ($X) and China ($X) constituted the largest markets for compression type mould exported from Bangladesh worldwide.

In terms of the main countries of destination, China, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average compression type mould export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat 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 India ($X per unit), while the average price for exports to China amounted to $X per unit.

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

Compression Type Mould Imports

Imports into Bangladesh

In 2022, imports of injection or compression type moulds for rubber or plastics into Bangladesh fell modestly to X units, approximately reflecting the previous year's figure. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, compression type mould imports shrank rapidly to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2021, and then fell dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest compression type mould supplier to Bangladesh, accounting for a X% share of total imports. Moreover, compression type mould imports from China exceeded the figures recorded by the second-largest supplier, South Korea (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 stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of injection or compression type moulds for rubber or plastics to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by India, 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: South Korea (X% per year) and India (X% per year).

Import Prices by Country

The average compression type mould import price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, compression type mould import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then contracted notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per unit) and South Korea ($X per unit), while the price for Hong Kong SAR ($X per unit) and China ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :