Bangladesh: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in Bangladesh

The Bangladeshi laptop and tablet computer market rose remarkably to $X in 2023, surging 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). In general, the total consumption indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Laptop and tablet computer consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Exports of Laptops and Palm-Top Computers

Exports from Bangladesh

In 2023, overseas shipments of laptops and palm-top computers increased by X% to X units for the first time since 2020, thus ending a two-year declining trend. In general, exports, however, showed a slight reduction. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, laptop and tablet computer exports skyrocketed to $X in 2023. Overall, exports, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X units) was the main destination for laptop and tablet computer exports from Bangladesh, accounting for a X% share of total exports. Moreover, laptop and tablet computer exports to Hong Kong SAR exceeded the volume sent to the second major destination, Sri Lanka (X units), more than tenfold. The UK (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Hong Kong SAR amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and the UK (X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for laptops and palm-top computers exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Hong Kong SAR stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and India (X% per year).

Export Prices by Country

In 2023, the average laptop and tablet computer export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price saw a mild slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2022, and then fell dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Laptops and Palm-Top Computers

Imports into Bangladesh

Laptop and tablet computer imports into Bangladesh rose significantly to X units in 2023, surging by X% compared with the previous year. In general, total imports indicated a moderate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, laptop and tablet computer imports stood at $X in 2023. Overall, total imports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X units), Singapore (X units) and China (X units) were the main suppliers of laptop and tablet computer imports to Bangladesh, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Singapore ($X) constituted the largest supplier of laptops and palm-top computers to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Singapore stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2023, the average laptop and tablet computer import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2023, 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