
Bangladesh - Machines for Treating Metal, Having Individual Functions - Market Analysis, Forecast, Size, Trends and Insights
Bangladesh: Metal Treating Machine Market 2022
Metal Treating Machine Market Size in Bangladesh
After nine years of growth, the Bangladeshi metal treating machine market decreased by -X% to $X in 2021. Overall, consumption, however, enjoyed a significant increase. Over the period under review, the market reached the peak level at $X in 2020, and then declined rapidly in the following year.
Metal Treating Machine Exports
Exports from Bangladesh
In 2021, overseas shipments of machines for treating metal, having individual functions decreased by X% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports showed a abrupt decrease. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
In value terms, metal treating machine exports amounted to $X in 2021. Over the period under review, exports continue to indicate a sharp downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
Germany (X units) and Spain (X units) were the main destinations of metal treating machine exports from Bangladesh.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X value terms, the largest markets for metal treating machine exported from Bangladesh were Germany ($X) and Spain ($X the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.
Export Prices by Country
The average metal treating machine export price stood at $X per unit in 2021, remaining constant against the previous year. Overall, the export price recorded a deep downturn. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Spain stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%).
Metal Treating Machine Imports
Imports into Bangladesh
After seven years of growth, overseas purchases of machines for treating metal, having individual functions decreased by -X% to X units in 2021. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2020, and then reduced dramatically in the following year.
In value terms, metal treating machine imports reduced notably to $X in 2021. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted dramatically in the following year.
Imports by Country
Italy (X units), India (X units) and South Korea (X units) were the main suppliers of metal treating machine imports to Bangladesh, with a combined X% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), India ($X) and Italy ($X) constituted the largest metal treating machine suppliers to Bangladesh, together accounting for X% of total imports.
India, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 metal treating machine import price amounted to $X per unit, waning by -X% against the previous year. Overall, the import price saw a noticeable setback. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal treating machine 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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