Bangladesh: Multitask Printer Market 2022

Multitask Printer Market Size in Bangladesh

The Bangladeshi multitask printer market skyrocketed to $X in 2021, picking up 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, consumption enjoyed a resilient expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Multitask Printer Exports

Exports from Bangladesh

In 2021, the amount of multitask printers, copymachines and facsimile machines exported from Bangladesh fell markedly to X kg, reducing by -X% compared with 2020 figures. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of X kg. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, multitask printer exports dropped rapidly to $X in 2021. Over the period under review, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Singapore (X kg) was the main destination for multitask printer exports from Bangladesh, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Singapore amounted to -X%.

In value terms, Singapore ($X) also remains the key foreign market for multitask printer exports from Bangladesh.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore totaled -X%.

Export Prices by Country

The average multitask printer export price stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to -X% per year.

Multitask Printer Imports

Imports into Bangladesh

Multitask printer imports into Bangladesh rose significantly to X tons in 2021, growing by X% on the previous year. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, multitask printer imports soared to $X in 2021. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Singapore (X tons) constituted the largest supplier of multitask printer to Bangladesh, accounting for a X% share of total imports. Moreover, multitask printer imports from Singapore exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by India (X tons), with a X% share.

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

In value terms, the largest multitask printer suppliers to Bangladesh were Singapore ($X), India ($X) and China ($X), with a combined X% share of total imports. The United Arab Emirates, Thailand, Hong Kong SAR and Italy lagged somewhat behind, together accounting for a further X United Arab Emirates, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 multitask printer import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 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 lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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